About Marex
Marex 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.
The Audit team is a global function with presence in UK, US, Europe and Asia. The team consists of 29 individuals (i.e. 17 in London, 4 in Chicago, 4 in New York, 2 in Paris, and 2 in Singapore), with additional support sought from our co-source partners as required.
Role Summary
The Principal Audit Manager will lead the delivery of internal audit activities across Marex's US regulated entities, with a primary focus on regulatory-required audits. Operating at a senior level within the US audit team, the role owns audit assignments end-to-end, from scoping and fieldwork through to findings, reporting, and management action follow-up, while coaching and reviewing the work of an Assistant Audit Manager.
Reporting to the Head of Internal Audit – North America, this role will own the US regulatory audit program and serve as the primary point of contact for senior business, compliance and legal stakeholders on matters relating to US regulatory audit coverage. The role requires deep knowledge of US financial services regulation, strong stakeholder engagement skills, and the ability to drive audit quality and delivery independently.
Overall Responsibilities
- Lead the U.S. regulatory audit program across broker-dealer, FCM, and swap dealer entities.
- Develop and maintain the annual U.S. regulatory audit plan
- Lead audits from planning through reporting, issue validation, and remediation tracking
- Review and approve audit workpapers, findings, and reports
- Assess control weaknesses and provide independent audit judgments
- Monitor regulatory developments and adjust audit coverage accordingly
- Incorporate regulatory trends and examination findings into audit programs
- Ensure coverage of key regulatory obligations, including capital, customer protection, AML, and supervisory controls
- Build strong partnerships across Compliance, Legal, Risk, Operations, and business leadership
- Present audit findings and insights to senior management
- Provide independent and constructive challenge to the business
- Coordinate with regulators and external auditors as needed
- Manage, coach, and develop audit team members
- Promote a culture of quality, accountability, and continuous improvement
- Oversee co-sourced and third-party audit resources
- Support audit resource planning and talent development initiatives
- Maintain and update the U.S. regulatory audit universe and risk assessments
- Support annual risk assessments and audit planning activities.
- Adhere to the firm's operational risk framework and regulatory requirements
- Demonstrate integrity, professionalism, and company values.
- Comply with the Code of Conduct and internal policies.Escalate policy breaches and risk events appropriately
- Contribute to risk management and control enhancement efforts
The Company may require you to carry out other duties from time to time.
Competencies, Skills, and Experience
Competencies
- 7 or more of Internal Audit experience in a complex financial services organisation(s)
- Deep and demonstrable knowledge of US financial services regulations applicable to broker-dealers, FCMs, and Swaps Dealers
- Proven track record of leading and delivering regulatory-required audits
- Strong command of risk-based audit methodology and internal control frameworks
- Excellent report writing skills, with the ability to communicate complex regulatory and control issues clearly to senior and executive audiences
- Experience managing relationships with senior business stakeholders
- Familiarity with commodities, derivatives or cleared products businesses, including knowledge of exchange and clearing house rulebook requirements
- Experience in a global financial services firm with multiple regulated entities across jurisdictions.
- Proficient in information technology skills
- Working knowledge of data analytics tools applied in an audit context
Skills and Experience
- 7 or more of Internal Audit experience in a complex financial services organisation(s)
- Deep and demonstrable knowledge of US financial services regulations applicable to broker-dealers, FCMs, and Swaps Dealers
- Proven track record of leading and delivering regulatory-required audits
- Strong command of risk-based audit methodology and internal control frameworks
- Excellent report writing skills, with the ability to communicate complex regulatory and control issues clearly to senior and executive audiences
- Experience managing relationships with senior business stakeholders
- Familiarity with commodities, derivatives or cleared products businesses, including knowledge of exchange and clearing house rulebook requirements
- Experience in a global financial services firm with multiple regulated entities across jurisdictions.
- Proficient in information technology skills
- Working knowledge of data analytics tools applied in an audit context
Salary Range: $120,000 to $150,000 per year and eligible for discretionary bonus.
Company Values
Be collaborative - by working together across the organisation, we foster teamwork, can better respond to challenges and successfully deliver for our clients
Act with integrity - we pride ourselves on our honesty and high ethical standards. We apply these values when working with all our clients, colleagues and other stakeholders
Be adaptable and entrepreneurial - we embrace change as markets evolve to constantly increase our efficiency and create innovative solutions for our clients. We are interested in the world around us and inquisitive about understanding the challenges and opportunities our clients face.
Be respectful – how we treat each other, and our clients says everything about who we are. We always act respectfully and treat people fairly in everything we do.
Nurture talent – we aim to grow our own talent and make Marex the place ambitious, hardworking and talented people choose to build their career. This means giving and taking stretch opportunities, taking risks, and committing to career development and support – for ourselves, and our teams.
Conduct Rules
- Act with integrity
- Act with due skill, care and diligence
- Be open and cooperative with the FCA, the PRA and other regulators (where applicable)
- Pay due regard to the interests of customers and treat them fairly
- Observe proper standard of market conduct
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.
Skills Required
- At least 7 years of internal audit experience in complex financial services organizations
- Deep knowledge of U.S. financial services regulations applicable to broker-dealers, FCMs, and swap dealers
- Experience leading and delivering regulatory-required audits
- Strong command of risk-based audit methodology and internal control frameworks
- Excellent report writing and communication skills for senior and executive audiences
- Experience managing relationships with senior business stakeholders
- Familiarity with commodities, derivatives, or cleared products businesses, including exchange and clearing house rulebooks
- Experience in a global financial services firm with multiple regulated entities across jurisdictions
- Proficiency in information technology skills
- Working knowledge of data analytics tools used in auditing
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.
