About Marex
Marex is a diversified global financial services platform, providing essential liquidity, market access and infrastructure services to clients in the energy, commodities and financial markets.
The Group provides comprehensive breadth and depth of coverage across four core services: Market Making, Clearing, Hedging and Investment Solutions and Agency and Execution. It has a major franchise in many major metals, energy and agricultural products, executing around 50 million trades and clearing 205 million contracts in 2022. 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 36 offices worldwide, the Group has over 1,800 employees across Europe, Asia and America.
For more information visit www.marex.com
Role Summary
An experienced, strategic, diligent, ambitious, and proactive individual, responsible for managing risk for [LME and other exchanges (CME, ICE, SGX), LBMA] product set within group risk appetite and defined risk limits. [Junior] level position with the ability to work autonomously, and also as part of a team. Has a
thoughtful approach to their role and the impact it can make, keeping the candidate in mind in all they do.
Skills and Experience
- Proactive mindset in keeping up to date with market research and incorporating into role Commented [LE2]: Will depend on level efficiently
- Analytical skills, identifying opportunities and risks in a quick and decisive manner
- Comprehensive knowledge of the financial service markets and relevant regulatory requirements
- Substantial experience working in and knowledge of an [Commodities market] product area
- Experience of the infrastructural support required to efficiently support [Commodities] business lines
- Experience working in a regulated environment and knowledge of the risk and compliance requirements associated with this
- Experience in operating on electronic market making infrastructure
- Experience in risk managing of [Commodities] portfolios
- Knowledge of the underlying products at Marex within the [Commodities] remit
Competencies
- Fluent in Mandarin
- Excellent verbal written and communication skills
- A collaborative team player, that is approachable, self-efficient and influences a positive work environment
- Demonstrates curiosity
- Resilient in a challenging, fast-paced environment
- Ability to take a high level of responsibility in a fast pace and high-volume environment
- Ability to make data and research informed decisions
- Attention to details
- Excels at building relationships, networking and influencing others
- Strategic collaborator with insight and agility, able to anticipate future challenges, ensuring operational effectiveness
Overall Responsibilities
- Contribute to [LME and other exchanges (CME, ICE, SGX), LBMA] product trading capability to support liquidity for clients
- Manage Marex Spectron market risk for [LME and other exchanges (CME, ICE, SGX), LBMA] product set within group risk appetite and defined risk limits whilst generating positive returns
- Working efficiently and supporting with making efficiencies, including but not limited to collaborating with data, research and analytics colleagues to identify opportunities for hedging strategies and clients
- Collaborate with sales/broking functions to originate hedging solutions and structured transactions, with a cross product selling mind set
- Collaboration with central operations functions which support the trading role including but not limited to Operations and Technology
- Strategising to increase P&L, requiring ongoing analysis of markets and products in the market
- Ensuring compliance with the company’s regulatory requirements under the FCA.
- Adhere to the operational risk framework for your role ensuring that all regulatory or company determined parameters are complied with.
- Role model for demonstrating highest level standards of integrity and conduct and reflecting Company Values.
- At all times complying with the FCA’s Code of Conduct
- Carrying out regulatory activities under the [Marex Financial and MSIL] trading books
- Liaising with clients in [APAC, mainly China]; clients include [banks, hedge funds, market makers, fund managers, institutionals, trading houses and other trading boutiques]
- To ensure that you are fully aware of and adhere to internal policies that relate to you, your role or any other activities for which you have any level of responsibility
- To report any breaches of policy to Compliance and/ or your supervisor as required
- To escalate risk events immediately
- To provide input to risk management processes, as required
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.
Marex is fully committed to the elimination of unlawful or unfair discrimination and values the differences that a diverse workforce brings to the company.
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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.
