Marex, a Nasdaq-listed company, 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.
Marex Solutions is a division of Marex, specializes in the manufacture and distribution of customized derivative products. We have two specialist teams: Hedging Solutions and Financial Products. Marex Hedging Solutions helps corporations reduce their risk due to the volatility of commodity and currency prices. Marex Financial Products offers a customizable investment solutions platform, allowing investors to easily price and create fully tailor-made products.
This role supports the Trading function within Marex Solutions.
Role Summary
A rigorous, and proactive individual, capable of managing the risks arising from Marex Solutions’ clients’ activity in compliance with the risk framework. Junior level position eager to learn and able to collaborate well with the team.
Overall Responsibilities
- Work in close partnership with the Sales team, in particularly the APAC Sales team and the Derivative Engine to fulfil the requested revenues budget maximizing the profitability from the flows originated
- Manage efficiently the risks arising from the activity, in particular complying with the allocated risk limits.
- Work in cooperation with Quant and IT team to improve the tools and the processes of the trading desk.
- Collaborate with sales/broking functions to originate hedging solutions and structured transactions, with a cross product selling mind set
- Collaboration with central operations functions which support the trading role including but not limited to Operations and Technology
- 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 highest level standards of integrity and conduct and reflecting Company Values.
- At all times complying with the FCA’s Code of Conduct
- Carrying out regulatory activities under the Marex Financial trading books
- 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
- 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 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
- Dynamic and entrepreneurial individual, who relishes the huge opportunity this role presents.
Skills and Experience
- Strong mathematical/IT background. Advanced knowledge of option theory and cross-asset financial models.
- Strong knowledge of the market practices and hedging strategies
- 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
- Experience working in and knowledge of cross asset exotic options in terms of pricing and hedging.
- Experience of the various Front Office systems that represent the traded positions, the lifecycle and the risks.
- Experience working in a regulated environment and knowledge of the risk and compliance requirements associated with this
- Experience in operating on electronic market making infrastructure
- Experience in risk managing cross asset exotic portfolios
This is a one year contract role.
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 Spectron the place ambitious, hardworking, talented people choose to build their careers.
Adaptable and Nimble - Our size and flexibility are 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.
