Diversified. Resilient. Dynamic.
Marex is a global financial services platform, providing essential liquidity, market access and infrastructure services to clients in the energy, commodities and 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.
With more than 35 offices around the globe, and over 2,300 dedicated people enabling access to exchanges and technology-powered services.
For more information visit www.marex.com
Purpose of Role:
The Change and Integration Risk Associate will be responsible for providing 2nd line of defence oversight on acquisitions (Mergers & Acquisition -M&A) and material change projects. The individual will be expected to identify risks and impacts of an acquisition or change and make recommendations for how best to mitigate those risks and impacts. The individual will represent the broader team in the US region and drive alignment between the US and UK Risk teams.
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.
The Risk Department at Marex is responsible for assessing, managing and monitoring various financial and non-financial risks that the company may face. The department employs analytical tools to monitor and mitigate potential threats. By implementing robust risk management practices, the department contributes towards maintaining Marex’s overall financial stability.
Responsibilities:
- Provide 2nd line of defence oversight on acquisition integrations and change projects to boost probability of successful implementation.
- Support the Team Lead in reviewing due diligence documentation for target acquisitions to ensure a minimum level of information is sought and support drafting of the due diligence risk report to inform senior management sign-off.
- Perform risk assessments on change activities, strategic investments and divestitures to ensure key risks are identified, clearly articulated, assessed, managed, escalated and reported effectively.
- Work with the business/ delivery teams to ensure risks identified have the appropriate risk response strategies being implemented, and appropriate items are being escalated to management.
- Active tracking of risks arising during the project lifecycle through use of RAID logs and working with relevant stakeholders to mitigate.
- Drive alignment between US Risk and UK Risk teams.
- Work with Operational Risk to perform RCSAs on acquisitions.
- Work with Change Management to perform closure reviews and lessons learnt exercises, ensuring lessons are taken into future projects.
- Production of risk metrics reporting to senior management.
- Provide input into Risk Committee and Board papers (as required).
- Be the contact person in the US for the team.
- Ensuring compliance with the company’s regulatory requirements under the SEC, FINRA, NFA, CFTC and other applicable exchanges.
- 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 require
- 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:
Competencies
- 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
- Organized and strong time management skills
- Self-starter with a positive and proactive attitude
- Strategic collaborator with insight and agility, able to anticipate future challenges, ensuring operational effectiveness
Skills and Experience
- Minimum of three (3) years relevant work experience in Strategy, M&A, change or transformation.
- Masters degree in a related field or equivalent work experience desired.
- Experience in Enterprise Risk Management, M&A, or corporate strategy and development desired.
- Excellent problem-solving skills, both conceptual and analytical, with a focus on identifying risks and issues and influencing change professionals to deliver remediation actions.
- Solid quantitative and qualitative analytical skills with attention to detail
- Ability to build and maintain effective relationships across all areas of the firm and communicate effectively across all levels.
- Ability to work in a fast-paced change environment, involved in multiple large-scale projects simultaneously.
- Excellent verbal and written communication skills
- Experience working in a regulated environment and knowledge of the risk and compliance requirements associated with this.
Salary Range: $100,000 to $130,000 per year base salary and eligible for discretionary bonus.
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.
We are an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status, or any other characteristic protected by the law.