Graduate Trainee, Risk Full Time NEW

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 information clearly and concisely.
• Self-motivated with a proactive approach to identifying and solving problems.
• Eagerness to learn and adapt.
• Exceptional organisational skills with the ability to manage multiple tasks and projects simultaneously.
• Strong interpersonal skills and the ability to work effectively in a team-orientated environment.
• Ability to perform effectively under pressure.
• Strategic collaborator with insight and agility, able to anticipate future challenges, ensuring operational effectiveness

Skills And Experience

• Degree in Mathematics, Physics, Statistics, Computer Science or other quantitative subjects with a strong academic record
• Experience with data analytics and quantitative research methods
• Proficiency in Microsoft Office Suite, particularly Excel (advanced functions and macros)
• Proficiency in programming languages, such as Python, C++, SQL is desired
• Basic understanding of financial markets and instruments would be an advantage
• Knowledge of working in a regulated environment and of the risk and compliance requirements associated with this

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 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.

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
• 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 is fully committed to the elimination of unlawful or unfair discrimination and values the differences that a diverse workforce brings to the company.