Junior Trader
: Job Details :

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 2,000 dedicated people enabling access to exchanges and technology-powered services.

For more information visit www.marex.com

Purpose of Role:

Marex is seeking a Junior Trader. A strategic, diligent, ambitious, and proactive individual, capable of managing the risks arising from Marex Solutions clients activity in compliance with the risk framework. Junior level position with the ability to work autonomously, and as part of a team.

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. Marex Solutions, a division of Marex, specialises in the manufacture and distribution of customised derivative products. We have two specialist teams: Hedging Solutions and Financial Products. Marex Hedging Solutions helps corporations reduce their risk due to the volatility of commodity and currency prices. Marex Financial Products offers a customisable investment solutions platform, allowing investors to easily price and create fully tailor-made products.

Responsibilities:

• Work in close partnership with the Sales team and the Derivatives Engine to fulfil requested revenues budget maximising the profitability from the flows originated.
• Manage efficiently the risk arising from the activity, in particular complying with the allocated risk limits.
• Work in cooperation with Quant and IT team to improve the tools and the processes of the trading desk, including Marex proprietary pricing and risk management applications with the focus to adapt those tools to the US based business.
• Collaborate with sales/broking functions to originate hedging solutions and structured transactions, with a cross-product selling mindset
• Collaborate with central operations functions which support the trading role including but not limited to Operations and Technology.
• 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.
• Carrying out regulatory activities under the Marex Financial and MSIL trading books.
• Liaising with clients in US; clients include banks, hedge funds, market makers, fund managers, institutional, trading houses and other trading boutiques.
• 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

Competencies, Skills and Experience:

Competencies

• Excellent verbal written and communication skills.
• A collaborative team player, that is approachable, self-efficient and influences a positive work environment.
• Demonstrates curiosity.
• Ability to make data and research informed decisions.
• Excels at building relationships, networking and influencing others.
• Resilient in a challenging, fast-paced environment.
• Strategic collaborator with insight and agility, able to anticipate future challenges, ensuring operational effectiveness.

Skills and Experience

• Maximum two years of experience in a derivative front office trading role.
• Coding skills strongly preferred (Python).
• Strong mathematical/IT background (advanced knowledge of option theory and cross-asset financial models a plus).
• Proactive mindset in keeping up to date with market research and incorporating into role efficiently.

Salary Range: $70,000 to $85,000 per year base salary plus discretionary bonus

Marex s goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the employer of choice for prospective candidates. We encourage applications from candidates returning to the job market.

It is the policy of Marex to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.

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