Job Specifications
About Marex
Marex Group plc is a diversified global financial services platform, providing essential liquidity, market access and infrastructure services to clients in the energy, commodities and financial markets. It listed on Nasdaq Global Select Market in April 2024. With more than 35 offices in Europe, US and APAC, it 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.
For more information visit www.marex.com
Overview Of Marex / Department Description
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 Finance function at Marex is responsible for reviewing and reporting fair value inventory consistently across all asset classes.
Role Summary
We are seeking an outstanding candidate to work within the Product control team across several asset classes, Equities, Commodities, Crypto, FX and Fund Derivatives. This role will also play a key role in driving Finance transformation and change, in line with the overall Marex transformation agenda.
Overall Responsibilities
Perform Daily P&L Production various asset classes. Prepare results, including Risk based analysis, communicate to traders and be able to challenge on any significant disputes. Prepare P&L proforma information.
In depth analysis of Funding, Sales credits and Risk based P&L (incl Greeks). Calculate Fair value adjustments (CVA, DVA, Bid/Offer).
Build out and run the daily FOBO process ensuring front office trades and cash flows are correctly represented in the firms books and records (ledgers)
Work on helping build the P&L process for the Solutions business. This will require working with various stakeholders to assess risk, document risk gaps and build automated solutions to address any gaps.
Understand the end to end control environment working with Operations and Trading to identify Control weaknesses and work collaboratively to solve. This could be across the balance sheet, P&L, Sales credits or reporting disclosures.
Work on various product initiatives within the team, Marex is an evolving firm and requires ability to integrate new products, business lines, systems into the reporting environment
The position comes with a strong project focus and the candidate will be a key contributor to identifying opportunities and delivering process and transformation improvements.
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.
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.
Ensuring compliance with the company’s regulatory requirements under the FCA
At all times complying with the FCA’s Code of Conduct
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
A collaborative team player, approachable, self-efficient and influences a positive work environment
Demonstrates curiosity and attention to detail
Resilient in a challenging, fast-paced environment
Ability to take a high level of responsibility in a fast pace and high-volume environment.
Excels at building relationships, networking and influencing others
Strategic collaborator with insight and agility, able to anticipate future challenges, ensuring operational effectiveness
Skills & Experience
Good understanding of Capital markets and Structured products such as Notes, will be helpful and broad appreciation for how Solutions products benefit our clients.
Excellent communication skills.
Ability to collaborate with Management, Front Office, Legal, Operations and Risk.
Ability to pinpoint root cause issues.
Ability to work with tight deadlines.
Proven analytics and investigation skills.
Ideally proficient in MS office (Excel) and comparing and analysing data sets
Excellent verbal and written communication skills.
Process optimisation or change experience (preferred, but not essential).
Experience in Python / SQL or Alteryx (preferred, but not essential).
An Accounting and Finance degree, or alternatively some product experience through internships or a degre
About the Company
Marex (Nasdaq:MRX) is a diversified financial services platform.
We provide essential liquidity, market access and infrastructure services to clients in energy, commodities and financial markets.
With more than 40 offices across the world, access to all major exchanges, and technology-powered data and advisory services, Marex is your essential partner.
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