Job Information
Marex Risk Analyst in Chicago, Illinois
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 (http://www.marex.com/)
Purpose of Role:
The Risk Analyst supports the Risk Manager and the Risk team in conducting quantitative analysis of the business and its risks.
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:
Use Power BI, Power Pivot to develop data analysis prototype, and use Power View and Power Map to visualize reports
Explore data in a variety of ways and across multiple visualizations using Power BI
Monitor market risk (customer and house portfolios), conduct ad-hoc risk analysis.
Continuous interaction with global front office staff including exercising delegated authorities for trades/positions outside the limits.
Produce daily risk reports.
Conduct ongoing review and enhancement of the risk management framework; collaborate with internal developers and external vendors on risk systems/applications development.
Manage several projects including improving existing processes, risk models and methodologies
Ensuring compliance with the company's regulatory requirements under the SEC, FINRA, NFA, CFTC and other applicable exchanges
Liaise with compliance, operations, and IT to enforce and implement new risk management related regulation/rules.
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 perform other duties from time to time.
Competencies, Skills, and Experience:
Competencies
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.
Skills and Experience
At least two (2) years of related experience.
Bachelor's degree and preferably in a quantitative field.
Experience programming (Python) strongly preferred.
Excellent verbal and written communication skills.
Experience working in a regulated environment and knowledge of the risk and compliance requirements associated with this.
Salary Range: $75,000 to $120,000 per year and eligible for discretionary bonus.
Marex Benefits for 2025 (https://www.marex.com/usa-benefits-at-a-glance/)
Company Values
Acting as a role model for the values of the Company:
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.
We are an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status, or any other characteristic protected by the law.
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