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.
Role Summary
An experienced, ambitious, and proactive individual, to provide legal support to the APAC capital markets business, managing legal risk across a diverse portfolio. Junior level position with the ability to work autonomously, and also as part of a team and directly engage with senior stakeholders and external counsel.
All employees are expected to understand and comply with any Sarbanes Oxley operational requirements relevant to their role.
Overall Responsibilities
- Assisting the Legal department with management of legal risk arising from the Capital Market business.
- Provide legal support to the APAC capital markets business, managing legal risk across a diverse portfolio including commodities trading agreements, broking agreements, global master agreement negotiations, client clearing agreements, default management, dispute resolution process management, new business and new product implementation.
- Advising the business directly on legal, regulatory, operational matters that impact financial markets, financial instruments including clearing of listed derivatives, OTC derivatives, securities, prime brokerage, margin lending and ensuring compliance while enabling commercial objectives.
- To review regulatory developments affecting the APAC entities within the Marex Group and investigate and advise business partners on cross border licensing requirements and permissions for the Marex Group.
- To oversee legal work arising from implementing new business areas and integration of existing businesses deriving from acquisitions, as necessary.
- To manage advice from external counsel and associated costs.
Accountabilities
The duties of the role will include (but not be limited to) the following:
- Draft, review, and negotiate physical commodities contracts, including sale and purchase agreements, transportation and storage agreements, and related documentation.
- Drafting and negotiating various agreements including ISDA, Initial Margin, Prime Brokerage, GMRA, GMSLA, execution and clearing agreements, and associated confirmations.
- Advise trading desks on legal issues arising from day-to-day operations, disputes, and new business initiatives.
- Assess legal risks in new product structures and trading strategies.
- Monitor and interpret regulatory developments impacting Marex business in APAC and globally.
- Collaborate with internal stakeholders across commercial, compliance, and risk teams to ensure alignment on legal risk management.
- Support dispute resolution and pre-litigation strategy. Providing advice directly to the desk on queries and disputes arising from physical commodities trading and financial instrument transactions.
- Reviewing contractual rights in the context of day-today operations and in stress and close-out or contentious situations.
- Reviewing viability of new product types and structures and the legal issues arising therefrom.
- Review of jurisdictional requirements for cross-border activity the division wishes to undertake.
- Liaising with external and internal stakeholders and clients, both in APAC and other jurisdictions where there is Marex presence (including external counsel, the internal trading desk, other control and support departments and various agents).
- Research into APAC regulatory developments affecting the Marex Group and reporting/advising on regulatory developments
- Assisting the Legal department with other urgent or ad hoc matters from time to time.
Standard Responsibilities
- Ensuring compliance with the company’s regulatory requirements under the appropriate regulatory bodies.
- 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.
- 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
- Qualified Lawyer with 5–10 years PQE, with experience in commodities trading (in-house or top-tier law firm);
- Strong knowledge of physical commodities markets and related contracts, knowledge of financial markets contracts;
- Familiarity with international trade law, shipping, and regulatory frameworks;
- Excellent organisation skills; Good written and oral communication skills; Ability to present complex issues concisely and clearly to the business;
- Intellectually curious and keen to learn about new products and legal structures;
- Strong attention to detail and accuracy;
- Strong team player and collaborator;
- Flexible (i.e.: ability to adapt to change/approach to work, ability to multi-task);
- Able to work well under pressure;
- Excellent time management skills and ability to work to strict deadlines;
- Strong academic results, including 2.1 or above at degree level.
- Strategic collaborator with insight and agility, able to anticipate future challenges, ensuring operational effectiveness
- Experience working in a regulated environment and knowledge of the risk and compliance requirements associated with this.
Company Values
Acting as a role model for the values of the Company:
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
You must:
- 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
- Act to deliver good outcomes for retail customers
Marex Singapore, Singapore, SGP Office
Singapore, Singapore
