Sales - US Power Markets

Posted 20 Days Ago
Be an Early Applicant
New York, NY
150K-270K Annually
1-3 Years Experience
Financial Services
The Role
Seeking an individual for the US Power Sales role at Marex, responsible for managing a sales portfolio in the US Power and Natural Gas asset classes. This senior level position requires autonomy, teamwork, client engagement, and commercial skills. Responsibilities include client correspondence, onboarding, ISDA negotiations, strategy development, compliance, and risk management.
Summary Generated by Built In

Diversified. Resilient. Dynamic.

Marex is a 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.

With more than 35 offices around the globe, and over 2300 dedicated people enabling access to exchanges and technology-powered services.

For more information visit www.marex.com

Purpose of Role:

Marex is seeking an individual for the US Power Sales role. This person should be an experienced, ambitious, and proactive individual, responsible for a US Power and Natural Gas sales portfolio. Senior level position with the ability to work autonomously, and also as part of a team and directly engage with clients. Commercial ability to maintain good relationship with clients and find new ones to bring flow.

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.

This role covers the US Power department within the Energy Market Making division. As an experienced market making team Marex provides direct access to liquidity throughout the US Power space across the major exchanges. We also leverage our strong credit profile to offer lines of credit to facilitate hedging on a bilateral basis.

Responsibilities:

  • Sales role dealing in products across the US Power and Natural Gas asset classes
  • Corresponding with clients, of all types and variety to support growth of the business.
  • Responsible for assisting with the onboarding of any new client relationships and maintaining of existing client relationships, assisting with support processes as required by colleagues, and engaging and updating clients.
  • Facilitating ISDA negotiations with the client and Marex stakeholders
  • Working efficiently and supporting with making efficiencies e.g. assisting in the preparation of any new required frameworks.
  • Collaboration with central operations functions which support the trading role including but not limited to Operations and Technology.
  • Strategizing to increase P&L, requiring analysis of markets and products.
  • Ensuring compliance with the company’s regulatory requirements under the SEC, FINRA, NFA, CFTC and other applicable exchanges.
  • 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 Marex’s Code of Conduct and any other relevant regulatory body’s conduct policy
    • 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

 The Company may require you to carry out other duties from time to time

Competencies, Skills and Experience:

Competencies

  • 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
  • Excels at building relationships, networking and influencing others
  • Strategic collaborator with insight and agility, able to anticipate future challenges, ensuring operational effectiveness

Skills and Experience

  • Minimum three (3) years experience in US Power and Natural Gas sales and established client base and book of business
  • Proactive mindset in keeping up to date with market research and incorporating into role 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 Energy product area
  • Experience of the infrastructural support required to efficiently support Energy business lines
  • Experience working in a regulated environment and knowledge of the risk and compliance requirements associated with this
  • Bachelor's degree is preferred.

Salary Range: $150,000 to $270,000 per year base salary and eligible for discretionary bonus.

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.

We are an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status, or any other characteristic protected by the law.

#LI-PP1

The Company
HQ: New York, NY
732 Employees
On-site Workplace
Year Founded: 2005

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.

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