1st Line Risk Analyst

London, ENG, GB, United Kingdom

Job Description

Marex is a diversified 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 leading 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.


Marex was established in 2005 but through its subsidiaries can trace its roots in the commodity markets back almost 100 years. Headquartered in London with 36 offices worldwide, the Group has over 1,800 employees across Europe, Asia and America.


For more information visit www.marex.com (http://www.marex.com/)



Responsibilities:




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 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. Administration of trading platforms to perform changes of pre-trade limits, and effect order cancellations if required. 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


Skills and Experience:




Experience in a risk management or trading role. Knowledge of exchange traded derivatives trade life cycle. Confident discussing risk scenarios and products with clients. A strong numerical background gained in education and/or in a professional setting. Good understanding of processes, controls and responsibilities associated with a Financial Markets business. Strong Microsoft Office skills, high level VBA skills within Excel.

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. Also, Marex is committed to avoiding circumstances in which the appearance or possibility of conflicts of interest may exist within the hiring process.


If you would like to receive any information in a different way or would like us to do anything differently to help you, please include it in your application.





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Job Detail

  • Job Id
    JD4183012
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Full Time
  • Job Location
    London, ENG, GB, United Kingdom
  • Education
    Not mentioned