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/
Responsibilities:
• Risk oversight: Daily monitoring and reporting on firm house positions including VaR, sensitivity analysis, and stress testing. Identify and escalate key risks to both Risk and Business Senior Management.
• Risk and control framework: Define, review, and enhance risk measures and methodologies, and enforce risk limits. Challenge risk-taking activities relative to approved risk appetite. Develop and enhance current risk controls, processes, and systems.
• Risk analysis: Provide timely detailed analysis on key risks, drivers of profit-and-loss (P&L), trend analysis, and market volatility and liquidity.
• Product coverage: Develop a strong understanding of the fundamental and technical aspects of all markets traded, with a focus on Commodity markets.
• Stakeholder engagement: Partner with sales, traders, model validation, finance, and the Risk management team to ensure accurate pricing, valuation, and risk representation.
• Governance and regulatory compliance: Ensure adherence to internal policies and external regulatory requirements.
Skills & Experience:
• Demonstrable and recent experience risk managing exchange traded futures & options. Commodities financial and physical risk management experience would be preferrable but not essential.
• A strong quantitative background gained in education and/ or in a professional setting with exposure to risk management concepts, including VaR, sensitivities & stress testing.
• Good understanding of processes, controls and responsibilities associated with a financial markets business.
• Understanding of pre-trade and post-trade risk controls and their applications.
• Strong Microsoft Office skills and strong programming skillset preferred (C+, SQL, Python, Matlab).
• Degree in Mathematics, quantitative finance or risk management related is preferred.
• Experience working in a regulated environment and knowledge of the risk and compliance requirements associated with this.
• Experience managing is preferrable but not essential.
Competencies:
• Excellent verbal and written communication skills.
• Ability to work independently and manage workload effectively.
• A collaborative team player, approachable, and able to influence a positive work environment.
• Demonstrates curiosity, and an interest in financial markets.
• Resilient in a challenging, fast-paced environment.
• Ability to take a high level of responsibility and escalate appropriately.
• Ability to build and maintain effective working relationships across all areas of the firm.
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.
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Skills Required
- Excellent verbal and written communication skills
- Ability to work independently and manage workload effectively
- Collaborative team player, approachable, and able to influence a positive work environment
- Demonstrates curiosity and an interest in financial markets
- Resilient in a challenging, fast-paced environment
- Ability to take high level of responsibility and escalate appropriately
- Ability to build and maintain effective working relationships across all areas of the firm
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.
