At a Glance
- Tasks: Join our Valuation Control team to analyse and report on diverse asset classes.
- Company: Marex Group, a global leader in financial services with a collaborative culture.
- Benefits: Competitive salary, inclusive environment, and opportunities for professional growth.
- Other info: Dynamic role with excellent career progression in a fast-paced environment.
- Why this job: Make an impact in finance transformation while working with cutting-edge technology.
- Qualifications: Understanding of structured derivatives and strong analytical skills required.
The predicted salary is between 60000 - 80000 £ per year.
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. It has a leading franchise in many major metals, energy and agricultural products, with access to 60 exchanges. 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 2,300 employees across Europe, Asia and the Americas.
We are seeking an outstanding candidate to work within the Valuation control team across several asset classes, Equities, Commodities, Crypto, FX and Fund Derivatives. This role will also play a key role in driving Finance transformation and change, in line with the overall Marex transformation agenda. 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 Finance department is a key function with responsibility for reporting the financial results and maintaining a robust controls environment over financial reporting which covers multiple stakeholders from internal management, auditors and regulators. The Valuations team will be based in London with responsibilities across the Group.
Responsibilities- Perform IPV monthly across various asset classes.
- Prepare results, communicate to traders and be able to challenge traders on any significant impacts.
- Prepare IPV packs for management discussion on IPV results.
- Calculate Fair value adjustments (CVA, DVA, Bid/Offer).
- Refresh Bid offer spreads on all risk factors.
- Work on helping build the Valuation infrastructure across the group.
- Work on various projects within the team, Marex is an evolving firm and requires ability to integrate new business.
- 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.
- To report any breaches of policy to Compliance and/or your supervisor as required.
- To escalate risk events immediately.
- Be responsible for maintaining the internal control assigned to you in compliance with Sarbanes Oxley.
- Day‑to‑day implementation, monitoring, and verification of internal controls designed to mitigate financial reporting risks and ensure SOX compliance.
- Implement and maintain controls: This involves ensuring that internal controls are designed, documented, and implemented effectively to address identified financial reporting risks.
- Monitor and test controls: Regularly assess the effectiveness of controls through testing and monitoring to ensure they are operating as designed and remain effective over time.
- Assist with internal quarterly reporting as applicable.
- Good understanding of Structured Derivatives essential, preferably Structured Equities.
- Good understanding of Commodity underlyings.
- Ability to collaborate with Management, Front Office, Legal, Operations and Risk.
- Ability to pinpoint root cause issues and work with tight deadlines.
- Proven analytics and investigation skills.
- Proficient in MS office (Excel) and FO/BO systems (e.g. ICE/Sophis preferred, but not essential).
- Process optimisation or change experience (preferred, but not essential).
- Experience in Python / SQL or Alteryx (preferred, but not essential).
- Experience working in a regulated environment and knowledge of the risk and compliance requirements associated with this.
- Excellent communication skills.
- 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.
- Attention to detail.
If you’re forging a career in this area and are looking for your next step, get in touch! Marex is fully committed to being an inclusive employer and providing an inclusive and accessible recruitment process for all. We will provide reasonable adjustments to remove any disadvantage to you being considered for this role. We value the differences that a diverse workforce brings to the company. We welcome applications from candidates returning to the workforce.
Valuation Controller employer: Marex Group
Contact Detail:
Marex Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Valuation Controller
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those at Marex. A friendly chat can open doors that applications alone can't.
✨Tip Number 2
Prepare for interviews by knowing your stuff. Brush up on valuation techniques and be ready to discuss how you can contribute to Marex's transformation agenda.
✨Tip Number 3
Show off your analytical skills! Be prepared to tackle real-world scenarios during interviews, demonstrating how you can pinpoint issues and suggest improvements.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you're genuinely interested in joining the Marex team.
We think you need these skills to ace Valuation Controller
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Valuation Controller role. Highlight relevant experience in structured derivatives, commodities, and any project work you've done. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role at Marex and how you can contribute to our finance transformation agenda. Keep it concise but impactful!
Showcase Your Analytical Skills: Since this role involves a lot of analytics, make sure to highlight any relevant experience or projects where you've demonstrated strong analytical skills. We love candidates who can pinpoint root causes and deliver insights!
Apply Through Our Website: Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re serious about joining the Marex team!
How to prepare for a job interview at Marex Group
✨Know Your Valuation Basics
Make sure you brush up on your understanding of valuation principles, especially around IPV and fair value adjustments. Be ready to discuss how these concepts apply across different asset classes like Equities, Commodities, and FX.
✨Showcase Your Analytical Skills
Prepare to demonstrate your analytical prowess during the interview. Bring examples of past experiences where you've pinpointed root causes of issues or optimised processes. This will show that you can handle the fast-paced environment at Marex.
✨Familiarise Yourself with Regulatory Requirements
Since compliance is key in this role, make sure you understand the FCA’s Code of Conduct and Sarbanes Oxley requirements. Being able to discuss how you’ve adhered to these in previous roles will set you apart.
✨Be a Team Player
Marex values collaboration, so be prepared to talk about how you've worked with various stakeholders in the past. Highlight your ability to build relationships and influence others positively, as this will resonate well with the team-oriented culture.