Job Specifications
Marex Overview
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 2,400 employees across Europe, Asia-Pacific and the Americas.
Role Summary
As a Risk Graduate, you will have the exciting opportunity to launch your career in Risk Management, applying your skills while receiving on-the-job training and support from our experienced experts.
You will be based in London, working directly with our Risk Management team globally, to gain hands-on experience in identifying, assessing, and mitigating various business risks. You will have an opportunity to make a real difference and genuine impact to the first line control environment and projects at Marex.
Description Of Department
Risk management is a critical function at Marex, designed to ensure the stability, integrity, and strategic success of the organisation. This function encompasses the identification, assessment, monitoring, and mitigation of various risks that the firm faces in its operations and strategic initiatives. By systematically managing these risks, Marex safeguards its financial health, regulatory compliance, and market reputation.
Overall Responsibilities
Operational Risk
Assist in identifying, assessing, and monitoring operational risks within Marex
Support the development and implementation of risk mitigation strategies and controls
Participate in risk assessments and incident investigations, documenting findings and recommendations
Help maintain the risk register and track action items to ensure timely resolutions
Market Risk
Analyse market risk exposures and conduct stress testing and scenario analysis
Assist in the development and enhancement of market risk models and methodologies
Monitor daily market risk reports and highlight any significant changes or anomalies
Support the preparation of market risk metrics and reports for senior management
Clearing Risk
Support the monitoring and management of clearing risk exposures for trading activities
Assist in the assessment of collateral requirements and margining practices
Help analyse clearing risk data and prepare reports for internal and external stakeholders
Risk Governance
Assist in the development and implementation of risk governance policies and frameworks
Support the preparation of risk governance reports and presentations for committees and boards
Participate in risk governance meetings, documentation and tracking follow-up actions
Credit And Counterparty Risk
Conduct credit risk assessments and analyse the creditworthiness of counterparties
Monitor and report on credit exposures, identifying potential credit issues and recommending actions
Change Risk & Assurance
Assist in the assessment and management of risks associated with mergers, acquisitions, and other significant business changes
Support the development of change risk frameworks and methodologies
Participate in change management projects ensuring risks are identified and mitigated
Help prepare change risk assessments and reports for senior management, ensuring comprehensive risk coverage during the acquisition and integration phases
Standard Responsibilities For All Roles
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 the highest level standards of integrity and conduct and reflecting Company Values
At all times complying with the FCA’s Code of Conduct / Marex's Code of Conduct
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
Strong quantitative and analytical skills with the ability to interpret complex data sets.
Ability to apply mathematical models to real-world financial problems.
Attention to detail and a high degree of accuracy in work.
Excellent verbal and written communication skills.
Ability to present complex in
About the Company
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