Audit Manager - Control Functions & Integration

About Marex

Marex Group plc is a diversified global financial services platform, providing essential liquidity, market access and infrastructure services to clients in the energy, commodities and financial markets. It listed on Nasdaq Global Select Market in April 2024.  With more than 35 offices in Europe, US and APAC, it has unique access across markets with significant share globally both on and off exchange. The depth of knowledge amongst its teams and divisions provides its customers with clear advantage, and its technology-led service provides access to all major exchanges, order-flow management via screen, voice and DMA, plus award-winning data, insights and analytics.

 For more information visit www.marex.com    

The Audit team is a global function with a presence in London and North America.  The team consists of 22 individuals (i.e. 13 in London, three in Chicago, three in New York, two in Paris and one in APAC), with additional support sought from our co-source partners as required.

Role Summary

• Provide advice and influence change at a senior level to improve Marex Group corporate governance, risk management practices and wider internal control environment with a particular focus on post-acquisition integration audits
• Support the Head of Audit - Control and Support with providing assurance to the Board, on the adequacy, effectiveness and efficiency of the Marex internal control environment during entity and functional integrations
• Support the delivery of the corporate priorities of the Marex Group by ensuring that the integration of newly acquired entities and control functions are well-governed, aligned, and effectively embedded.
• Increase internal and external confidence in the Marex Group business and brand by providing assurance over integration plans, governance structures, and control alignment
• Provide value for money and other consultancy services as required through the Group Head of Internal Audit or Senior Internal Audit Management particularly around integration design, control harmonisation, and readiness assessments
• Supervise and lead Internal Audit activities to ensure quality assurance output
• Promote internal audit and Marex in general to the wider community through direct contact and external and internal interactions

Responsibilities

• Provide input and support the development of the three-year strategic internal audit plan ensuring appropriate coverage of integration-related risks including governance, regulatory alignment, change management, and control framework harmonisation across newly integrated entities
• Lead and deliver the annual internal audit work programme within the Control Functions team, with a significant focus on integration audits covering functional alignment, control design, operational readiness and regulatory compliance of newly acquired or merging entities
• Influence senior management involved in integrations to strengthen risk mitigation strategies, embed scalable controls, and improve overall integration governance
• Contribute to the development of Marex standards and procedures, particularly relating to integration assurance frameworks, internal assurance mapping, and post-integration control effectiveness reviews
• Create, develop and implements audit approaches, methodologies and playbooks for integration and change-related audits across Group functions and global offices
• Manage the development of staff as appropriate and ensure professional standards and key performance targets are met
• Ensuring compliance with the company’s regulatory requirements under the FCA, NFA, AMF, AFM, MAS, CBI, etc, especially in the context of onboarding and integrating regulated entities or activities
• Ensure full compliance with internal policies, frameworks and risk management processes, including timely escalation of issues and risk events
• Act as a role model for ethical conduct, professionalism, and the Marex values. Perform other duties as required by the Internal Audit Senior Management team

Competencies

• Excellent verbal and written communication skills, with the ability to simplify complex integration and control issues.
• Collaborative team player with strong stakeholder management capabilities.
• Demonstrates curiosity and the ability to understand new business models and control environments quickly.
• Strong ownership and accountability across concurrent integration reviews.
• Resilient in a challenging, fast-paced environment
• Ability to take a high level of responsibility in a fast pace and high-volume environment
• Escalates key issues and changing priorities to Senior Internal Audit Management as appropriate
• Excels at building relationships, networking and influencing others
• Strategic collaborator with insight and agility, able to anticipate future challenges, ensuring operational effectiveness

Skills and Experience

• Minimum two to five years’* post-qualification internal audit experience within complex financial services or practice, preferably with exposure to integration audits, change management audits, or control-function reviews.
• Experience conducting reviews of Governance, Risk, Compliance, Finance, Operations or other control functions within a regulated environment.
• Experience assessing integration programmes or significant change initiatives (ideal but not essential for all candidates).
• Experience in conducting risk assessments and audits of a wide variety of complex financial systems.
• Comprehensive knowledge and understanding of modern internal audit concepts and standards and their application to the financial services market.
• Exposure to designing, developing or implementing audit strategies tailored to integration programmes or cross-functional control environments. Experience in managing relationships and influencing change at a senior level.
• Proficient in information technology skills and carrying out audits of general IT controls (e.g. Excel, Power BI etc)
• Exposure to and enthusiasm for working in financial markets.
• Experience of conducting Integrated reviews with IT and standalone business audits.
• Experience in leading Audit assignments (i.e. throughout the audit life cycle) and supervising staff as appropriate
• Interest in working internationally and willingness to travel (US, Singapore, HK, Canada)

PROFESSIONAL QUALIFICATIONS & EXPERIENCE

• University Degree – Essential
• ACA Qualification or equivalent – Essential
• Experience working in a regulated environment and knowledge of the risk and compliance requirements, ideally including cross-jurisdictional considerations relevant to integrations.

Conduct Rules

You must:

• Act with integrity
• Act with due skill, care and diligence
• Be open and cooperative with the FCA, the PRA and other regulators
• Pay due regard to the interests of customers and treat them fairly
• Observe proper standard of market conduct
• Act to deliver good outcomes for retail customers

Company Values

Acting as a role model for the values of the Company:

Respect - Clients are at the heart of our business, with superior execution and superb client service the foundation of the firm. We respect our clients and always treat them fairly.

Integrity- Doing business the right way is the only way. We hold ourselves to a high ethical standard in everything we do – our clients expect this and we demand it of ourselves.

Collaborative- We work in teams - open and direct communication and the willingness to work hard and collaboratively are the basis for effective teamwork. Working well with others is necessary for us to succeed at what we do.

Developing our People- Our people are the basis of our competitive advantage. We look to “grow our own” and make Marex the place ambitious, hardworking, talented people choose to build their careers.

Adaptable and Nimble- Our size and flexibility is an advantage. We are big enough to support our client’s various needs, and adaptable and nimble enough to respond quickly to changing conditions or requirements. A non-bureaucratic, but well controlled environment fosters initiative as well as employee satisfaction.

*candidates outside the indicated experience range will still be considered

Marex is fully committed to the elimination of unlawful or unfair discrimination and values the differences that a diverse workforce brings to the company.