Career Opportunities

1st Line Risk Analyst

London, GB Full-Time Risk

Marex is a technology-enabled provider of essential liquidity and associated market infrastructure to participants in global energy, metals, agricultural and financial markets.

The Group provides comprehensive breadth and depth of coverage across five core services: Market Making, Execution and Clearing, Hedging and Investment Solutions, Price Discovery and Data & Advisory. It has a leading franchise in many major metals, energy and agricultural products, executing around 38 million trades and clearing over 193 million contracts in 2021. 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.

Marex was established in 2005 but can trace its roots in the commodity markets back almost 100 years. Headquartered in London with 21 offices worldwide, the Group has over 1,100 employees across Europe, Asia and America.

Working within a growing team, this role focuses on risk management of positions on an intraday and overnight basis and assessing new clients.

Accountabilities

• Real time monitoring of client / firm positions, account balance and P&L to ensure adherence to pre-defined risk parameters.
• Risk assessment of onboarding clients, suitability of products and limits, margin required, and proposal of risk set-up. Assessment of new and existing front end controls, liaising with clients where appropriate
• Proactive management of client / firm accounts in excess of pre-defined risk parameters or experiencing trading losses to bring within parameters and/ or protect the firm’s capital. Actions may include prompt communication with clients on risk parameters breached, escalation to senior management within Risk and the business.
• Analysis and approval of Give-Ins, trade transfers, and client payments.
• Responsible for ensuring adherence to risk policies & procedures at all times and escalation of potential issues.
• Delivering on allocated projects and system development items as well as proactively engaging on risk or control improvement ideas with the wider team.
• To effectively communicate risk management principles to internal stakeholders and external clients/ counterparties.
• Bespoke assignments and risk projects as directed by CRO and Market Risk Manager.

Skills and Experience Required

• 1-3yrs experience in a risk management or trading role.
• Multiple asset classes with coverage of energy or power markets a plus.
• Knowledge of exchange traded derivatives trade life cycle.
• Confident discussing market risk scenarios and products with clients.
• A strong numerical background gained in education and/or in a professional setting with particular focus on options pricing & hedging as well as exposure to risk management concepts, particularly VaR, Sensitivities & Stress Testing.
• Exposure to programming a plu (C+, SQL, Python, Matlab) desirable

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