Graduate Trainee: Risk

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

Role Summary

This role is to start ASAP, not after the 2025 graduation.

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.

Responsibilities

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.

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.

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.

Skills and Experience

• Degree in Mathematics, Physics, Statistics, Computer Science or other quantitative subjects with 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.

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

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 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.

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

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