"Alerted.org

Chicago, ILFull-TimeInformation Technology

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 2,300 dedicated people enabling access to exchanges and technology-powered services.

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

(http://www.marex.com/)

Purpose of Role:

The Senior Risk Analyst is a specialist role with a quantitative and analytical focus responsible for risk management of client risk exposures across exchange traded futures & options, equity & forex OTC clearing and prime brokerage. Institute, develop and expand Marex's quantitative risk framework to effectively manage the broker dealer risk arising from participation in Repo markets. Lead the development of quantitative tools and methods to improve cross-product risk identification, assessment, monitoring, reporting and control. Help manage clearing/execution client risk exposures, mitigate risk, and protect the firm's risk capital.

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:

+ Monitor in real-time client/firm positions, account balance, and P&L to ensure adherence to pre-defined risk parameters.

+ Proactively manage client/firm accounts in excess of pre-defined risk parameters or experiencing trading losses to bring within parameters and/or protect the firm's capital; this may include prompt communication with clients on risk parameters breached and escalation to senior management within Risk and the business.

+ Complete daily reporting of key risk issues to both Risk and Business Management, escalating when required

+ Perform daily risk analysis on client positions including VaR, Sensitivity Analysis & Stress testing.

+ Provide quantitative support and development for Marex's risk model and validation needs.

+ Develop comprehensive quantitative tools and formulate analytical models as necessary to identity, assess and mitigate risk across the client clearing portfolio.

+ Participate in development of cross-product risk, margining and liquidity optimization initiatives and tools to assist the local business and the group risk management function in better decision making and support the business needs.

+ Produce daily and periodic risk reports and distribute to relevant stakeholders.

+ Conduct margin and collateral adequacy analysis and margin requirement reconciliation between internal systems.

+ Conduct liquidity analysis of client/firm portfolios and of individual underlying positions in relation to market depth.

+ Responsible for daily procedures and aligning internal procedures/policies to Risk best practice; identify process improvements.

+ Analyse and provide approval of Give-Ins, trade transfers and client payments.

+ 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 environmen

+ 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

+ Bachelor's degree in a relevant field or equivalent work experience.

+ Strong quantitative background gained in education and/or in a professional setting with a particular focus on options pricing and hedging, as well as exposure to risk management concepts, particularly VaR, Sensitivities & Stress Testing.

+ Strong risk management background with experience of multiple asset classes and a proven interest in markets (exchanges)

+ Solid understanding of processes, controls and responsibilities associated with a Financial Makers business.

+ Strong Microsoft Office skills, high level VBA skills within Microsoft Excel.

+ Strong programming skillset preferred (i.e. C+, SQL, Python, Matlab).

+ Relevant professional designation preferred (i.e. CFA).

+ 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: $80,000 to $150,000 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.

#LI-PP1