Graduate Trainee, Structured Products Operations

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.

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.

Embark on a transformative journey with Marex’s Full-Time Graduate Programme – an experience tailored to empower and support Analysts. Dive into the ‘Backpack to Briefcase’ bootcamp, unveiling the intricacies of financial services, Marex’s purpose, and strategic priorities. Join your team post-bootcamp, fostering connections through continuous training. Learn, grow, and expand your network through a diverse array of sessions fast-tracking your understanding of Marex and the industry.

Engage in workshops covering behavioural, cognitive skills, technical understanding, and business awareness, nurturing your professional development. Throughout the programme, seize the opportunity to attend informal insight events and a lunch and learn series hosted by senior Marex Leaders. Gain exposure, ask questions, and gain real insights into the business from influential figures. From day one, connect with a network of fellow graduates. Attend training and events together, creating bonds with those sharing your journey.

Join Marex, where your passions align with purpose, and your strengths converge with our values.

Role Summary

To provide front to back operational support to the Structured Product business and its customers.

Overall Responsibilities

• A key member of the operations team providing comprehensive support to OTC Derivatives and Structured Notes business of Marex Solutions front office and clients.
• Report and escalate issues timely to the Head of the team as well as relevant senior management of the Desk.
• Perform daily reconciliations of positions, cash and trade data between internal systems and external parties.
• Monitor and manage key events (e.g. coupons, maturities, early redemptions) throughout the life of OTC Derivatives and Structured Notes.
• Identify opportunities to streamline operational processes and participate in automation and efficiency projects.
• Work closely with Front Office, Technology, Finance, Risk, Treasury, Legal and Compliance to resolve issues and deliver excellent client outcomes.
• Maintain detailed operating procedures for the team to ensure business continuity.

Standard Responsibilities

• 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 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.
• The Company may require you to carry out other duties from time to time.

Skills and Experience

• Recent graduate (or final year student), with knowledge of Structured Products and Options.
• A 2:1 degree or equivalent, coupled with a strong academic track record.
• Ability to work effectively under pressure in a busy environment.
• Strong analytical and problem-solving skills.
• Detail-oriented, with excellent communication skills.
• Proficiency in MS Excel, Bloomberg and Python. SQL would be a plus.
• Experience working in a regulated environment and knowledge of the risk and compliance requirements associated with this.
• A collaborative team player, approachable, self-efficient and influences a positive work environment.
• Resilient in a challenging, fast-paced environment.
• Excels at building relationships, networking and influencing others.
• Strategic collaborator with insight and agility, able to anticipate future challenges, ensuring operational effectiveness.

Company Values

• 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.
• 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.

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.

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