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 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.

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

Purpose of the Role:

The Credit Analyst will be a member of the Risk department and will be primarily responsible for performing financial statement analysis of the firm's counterparties and prospective new accounts. Will assist with database integrity, report writing using Power B1 and Perseus, administering and updating Credit Policies and Procedures.

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.

Responsibilities:

• Perform written counterparty credit analysis through analyzing audited and interim financial statements to assess their credit quality and recommending appropriate credit limits. Assign a rating via our internal methodology and adherence to our delegation of authority.

• Conduct counterparty due diligence to achieve a better understanding of complex new accounts and the risk profile for anticipated levels of transactions.
• Develop and maintain a deep understanding of our client base’s risk profile commensurate with the Firm’s risk appetite
• Manage the collection of up-to-date financial information for existing accounts.
• Review and analyze credit utilization reports and investigate limit breaches and over-limit conditions.
• Assist with improving existing credit risk reporting and exposure evaluation.
• Evaluation and understanding of risk associated with individual transactions, products, portfolio risk, of borrowers and counterparties.
• Ability to soundly manage and justify rationale for potential one-off limit increases to exercise credit authority within delegated authority.
• Validating approved limits within delegation of authority and registration in risk monitoring systems.
• 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
  • 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

• 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

Skills and Experience

• Bachelor’s degree in finance, economics, or related field.
• At least 2 years of experience in capital markets credit risk management.
• Detailed understanding of futures markets, OTC market, repo market, and securities lending.
• Strong written and verbal communication skills, with the ability to engage with varying levels of authority.
• Extensive knowledge of MS Office (e.g., Word, Excel, Outlook, PowerPoint, etc.).
• Excellent verbal and written communication skills
• Experience working in a regulated environment and knowledge of the risk and compliance requirements associated with this.

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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