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/
Role Summary
The Legal Department supports functional areas across Marex with timely, focused, practical legal services. The Legal Counsel assists the Senior Counsel in all areas relating to prime brokerage and futures transactional work covered by Marex’s Legal Department in North America and develops into areas of greater responsibility.
Responsibilities
- Negotiate contracts supporting multiple business lines including but not limited to: prime brokerage, OTC swaps, securities lending, repo, futures, cleared swaps, cash equities, and exchange-traded funds seeding/creation.
- Ensure timely updates to umbrella trading agreements in advance of client fund launches.
- Own key client relationships by ensuring that all documentation demonstrates the highest level of care and expertise
- Communicate directly with chief executive officers and other leaders at external clients, both to project manage complex negotiations and to state Marex’s legal position on complex contractual issues
- Attend industry working group calls that are specific to documentation and recommend updates to internal templates to reflect issues discussed
- Assess legal risks embedded in existing contracts with key clients by producing term summaries and collaborating with internal groups and advise managers, senior leaders, and operational teams on existing legal risk
- Partner with internal Senior Counsel and Compliance Officers to reduce overall legal spend.
- Distil complex contractual issues into issues lists that can be consumed by traders and other business-focused decisionmakers
- Collaborate and influence stakeholders by providing crisp written summaries and attending ad-hoc phone conversations as required
- Collaborate on and contribute to other projects within the Legal Department as needed.
- Partner with Senior Counsel to ensure that all contracts are consistent with Marex’s regulatory requirements under rules promulgated by the SEC, FINRA, NFA, CFTC, and other governing self-regulatory organizations such as exchanges and clearinghouses.
- Demonstrate highest level standards of integrity and conduct, reflecting Marex values and growing importance within financial markets
- Provide input to risk management processes, as required.
The Company may require you to carry out other duties from time to time
Competencies, Skills and Experience
Competencies
- Approachability and focus on collaborative solutions
- Team player who is a positive influence on the work environment
- Curiosity about financial markets
- Excels at building relationships, networking and influencing others
Skills and Experience
- Juris Doctor (JD) from an accredited institution and admission to a state bar
- Demonstrated interest in working in a financial services law
- Exposure to hedge funds, mutual funds, and managed accounts is a plus
- Excellent verbal and written communication skills
- Desire to work in a regulated environment and to learn the risk and compliance requirements associated with this
Skills Required
- Juris Doctor (JD) from an accredited institution
- Admission to a state bar
- Demonstrated interest in financial services law
- Exposure to hedge funds, mutual funds, and managed accounts
- Excellent verbal and written communication skills
- Desire to work in a regulated environment and learn related risk and compliance requirements
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.
