Graduate Trainee - Supplier Management

About Marex

Marex is a diversified global financial services platform, providing essential liquidity, market access and infrastructure services to clients in the energy, commodities and financial markets. With more than 30 offices, access to all major exchanges, and technology-powered data and advisory services, Marex is an essential partner for our clients in the financial markets.
The Group provides comprehensive breadth and depth of coverage across four core services: Market Making, Clearing, Hedging and Investment Solutions and Agency and Execution. It has a major franchise in many major metals, energy and agricultural products, executing around 50 million trades and clearing 205 million contracts in 2022. 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.

For more information visit www.marex.com

Competencies

• A collaborative team player, approachable, self-efficient and influences a positive work environment.
• Demonstrates curiosity.
• Resilient in a challenging, fast-paced environment.
• Ability to take a high level of responsibility in a fast pace and high-volume environment.
• Excels at building relationships, networking and influencing others.
• Strategic collaborator with insight and agility, able to anticipate future challenges, ensuring operational effectiveness.

Skills and Experience

• Bachelor’s degree in business administration, supply chain management, finance or a related field.
• Achieved at least a 2:1 or above. 
• Strong analytical and quantitative skills with proficiency in data analysis tools. (e.g Excel and Power BI)
• Excellent Organisation and time-management skills.
• Strong communication and interpersonal skills to effectively collaborate with stakeholders.
• Ability to manage multiple projects and meet deadlines.
• Knowledge of supplier management principles, practices, and regulations.
• Knowledge of working in a regulated environment and the risk and compliance requirements associated with this.

Overall Responsibilities

Policy Implementation:

• Assist in the roll out of the Policy across the organisation
• Ensure alignment with regulatory expectations and industry best practice
•  Collaborate with various departments to integrate the Policy into existing processes

Risk Management

• Conduct and/or trigger risk assessments to identify potential risk and vulnerabilities
• Implement risk mitigation strategies in collaboration with the Head of Supplier Management
• Monitor and report on supplier risk profiles regularly

Data Analysist and Reporting

• Collect an analyse data collected across all process operating within the Supplier Lifecycle
• In collaboration with the Head of Supplier Management, create and prepare detailed reports and dashboards
• Provide data-driven insights to support decision-making processes

Supplier Inventories and Contract Management:

• Maintain a central Contact Management System (CMS) and ensure it has accurate records for supplier services, legal contracts, amendments, and related documentation
•  From CMS, manage upcoming contract renewals to ensure the business have advance awareness of contract expiries or auto renewals

Compliance and Audit Support:

• Ensure compliance with internal policies and external regulations across the Supplier Lifecycle
• Assist internal and external audits relating to Supplier Management
• Implement and track corrective actions resulting from Audit findings

Process Improvements:

• Identify opportunities to enhance Supplier Management processes
• Support the development and implementation of process improvements

• Stay current with industry trends and best practice to drive continuous improvements

Standard responsibilities for all roles

• Ensuring compliance with the company’s regulatory requirements under the FCA and other 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 the FCA’s Code of Conduct and 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

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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