Junior Oil Broker

About Marex

Marex Group plc is a diversified global financial services platform, providing essential liquidity, market access and infrastructure services to clients in the energy, commodities and financial markets. It listed on Nasdaq Global Select Market in April 2024. With more than 35 offices in Europe, US and APAC, it 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. Eagle Commodities are a market leading, FCA regulated commodity brokerage serving over 140 global commodity clients ranging from oil majors, trading houses, to banks and hedge funds. They have been part of Marex since 31 July 2023.

Role Summary

To assist the Crude Oil brokers with all aspects of the trade entry process, ensuring timely and accurate trade entry inline with market regulations. Point of contact for clients, broker and internal departments to resolve any queries relating to the trades.

Overall Responsibilities

• Ensuring all top day trades are allocated, cleared & accepted in a timely & efficient manner.
• Supporting the desk with all research reports produced daily.
• Deal Entry into external exchange systems.
• Providing Back Office Administration support as required.
• To ensure written procedures are in place and up to date at all times.
• Report & escalate issues to your line manager.
• Assisting the Brokerage Department with Queries.
• Efficient email management, both of personal and group inboxes.
• 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.
• 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.

Skills and Experience

• 1-2 years prior experience in a desk support or trade execution role.
• Problem solving skills.
• MS Office skills.
• A meticulous eye for detail.
• The ability to work effectively under pressure in a busy environment.
• Experience working in a regulated environment and knowledge of the risk and compliance requirements associated with this would be an advantage, but is not essential.

Competencies

• Excellent verbal and written communication skills.
• A collaborative team player, approachable, self-efficient and influences a positive work environment.
• Demonstrates curiosity.
• 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.

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.
• Act to deliver good outcomes for retail customers.

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. 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.