About Marex
Marex Group plc (NASDAQ: MRX) is a diversified global financial services platform providing essential liquidity, market access and infrastructure services to clients across energy, commodities and financial markets. The group provides comprehensive breadth and depth of coverage across four core services: clearing, agency and execution, market making, and hedging and investment solutions. It has a leading franchise in many major metals, energy and agricultural products, with access to 60 exchanges. The group provides access to the world’s major commodity markets, covering a broad range of clients that include some of the largest commodity producers, consumers and traders, banks, hedge funds and asset managers. With more than 40 offices worldwide, the group has over 2,300 employees across Europe, Asia and the Americas.
For more information visit https://www.marex.com/
The Supplier Contracts Team administrates Marex’s Technology Expense Management system, Calero, ensuring accurate capture of contractual information and associated cost allocations. This enables us to facilitate timely reconciliation of invoices across recurring Technology spend (IT, Telecoms, Market Data, etc.) plus detailed reporting of costs at individual and enterprise level.
The Market Data and IT Administrator, will be responsible for adding and updating inventory records and reconciling invoices against the inventory, investigating and validating variances and confirming allocations in order to prepare the invoice for onward processing by Accounts Payable. The role also requires some data analysis and management of supplier and internal stakeholder relationships.
Responsibilities:
Inventory Management:
• Maintain Calero’s MDM and TEM modules to ensure it has accurate records for contracts, associated services, allocations and users.
• Prepare, verify and distribute monthly and ad-hoc business reporting.
• Support finance with accruals and prepayment management.
• Upload vendor permission files and support exchange declaration processes.
• Continuously review and audit existing processes to ensure effective performance and compliance with mutually agreed requirements and control procedures.
Invoice Management
• Reconcile invoices within Calero database.
• Ensure cost allocations are current, accurate and documented.
• Coordinate with internal and external stakeholders to manage exceptions, status updates and general queries.
Order Management:
• Operate Market Data license order management and exchange entitlements.
• Support the Joiners and Leavers process to ensure inventory is updated and services are added or terminated as required.
Skills & Experience:
• Demonstrable experience in a market data role with strong inventory experience in Calero or similar.
• Strong analytical and quantitative skills with proficiency in data analysis tools. (e.g. Excel)
• Detail-oriented, brings a high degree of accuracy to data analysis and is proactive in problem solving.
• Excellent organisation and time-management skills; ability to manage multiple workstreams and meet deadlines.
• Experience working in a regulated environment and knowledge of the risk and compliance requirements associated with this
• Desirable - Bachelor’s degree in business administration, supply chain management, finance or a related field.
Competencies:
• A collaborative team player, approachable, self-efficient and influences a positive work environment.
• Demonstrates curiosity.
• Resilient in a fast pace and high-volume environment.
• Strong verbal and written communication and interpersonal skills.
• Excels at building relationships, networking and influencing others.
• Strategic collaborator with insight and agility, able to anticipate future challenges, ensuring operational effectiveness.
If you’re forging a career in this area and are looking for your next step, get in touch!
Marex is fully committed to being an inclusive employer and providing an inclusive and accessible recruitment process for all. We will provide reasonable adjustments to remove any disadvantage to you being considered for this role. We value the differences that a diverse workforce brings to the company. We welcome applications from candidates returning to the workforce. Also, Marex is committed to avoiding circumstances in which the appearance or possibility of conflicts of interest may exist within the hiring process.
If you would like to receive any information in a different way or would like us to do anything differently to help you, please include it in your application.
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Skills Required
- Demonstrable experience in a market data role
- Strong inventory management experience using Calero or a similar system
- Strong analytical and quantitative skills
- Proficiency in data analysis tools such as Excel
- High attention to detail and accuracy in data analysis
- Proactive problem-solving ability
- Strong organization and time-management skills
- Ability to manage multiple workstreams and meet deadlines
- Experience working in a regulated environment
- Knowledge of relevant risk and compliance requirements
- Bachelor’s degree in business administration, supply chain management, finance, or a related field
What We Do
We are a diversified global financial services platform, connecting clients to global energy, metals, agricultural and financial markets. Across our businesses we provide critical high value-add services in Market Making, Execution and Clearing, Hedging and Investment Solutions, Price Discovery and Data & Advisory. We have a leading franchise in many major metals, energy and agricultural products, executing around 38 million trades and clearing over 193 million contracts in 2021. The Group provides access to the world’s major commodity markets, covering a broad range of clients that include some of the largest commodity producers, consumers and traders, banks, hedge funds and asset managers. Marex was established in 2005 but through its subsidiaries can trace its roots in the commodity markets back almost 100 years. Headquartered in London with 22 offices worldwide, the Group has over 1,100 employees across Europe, Asia and America. State-of-the-art electronic and voice broking services facilitate all types of trading strategies. This is backed by decades of experience, with Marex emphasising intellectual knowledge and insight, alongside access to extensive data sets and the latest analytical tools. In addition to its core operations, Marex's scale and expertise in commodity derivatives, as well as physical products, has enabled it to respond to client demand and offer services for financial futures & options and foreign exchange.
