Career Opportunities

Middle distillates broker

Rotterdam, NL Full-Time Energy

About Marex  

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  

Role Summary 

An experienced, strategic, diligent, ambitious, and proactive individual, responsible for managing risk for [middle distillates barges and components) product set within group risk appetite and defined risk limits. [Senior/Intermediate] level position with the ability to work autonomously, and also as part of a team. Has a thoughtful approach to their role and the impact it can make, keeping the candidate in mind in all they do.

Skills and Experience 

  • Master’s degree in financial markets / economics. Supply chain and shipping might work
  • 2-3 years experience working in brokerage / sales trading with a direct customer relationship
  • Proactive mindset in keeping up to date with market research and incorporating into role efficiently
  • Analytical skills, identifying opportunities and risks in a quick and decisive manner
  • Comprehensive knowledge of the financial service markets and relevant regulatory requirement
  • Experience working in a regulated environment and knowledge of the risk and compliance requirements associated with this
  • Experience in operating on electronic market making infrastructure

Competencies 

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

Overall Responsibilities

  • Contribute to middle distillates] product trading capability to support liquidity for clients
  • Manage Starsupply/Marex Spectron market risk for middle distillates product set within group risk appetite and defined risk limits whilst generating positive returns
  • Working efficiently and supporting with making efficiencies, including but not limited to collaborating with data, research and analytics colleagues to identify opportunities for hedging strategies and clients
  • Collaborate with sales/broking functions to originate hedging solutions and structured transactions, with a cross product selling mind set
  • Collaboration with central operations functions which support the trading role including but not limited to Operations and Technology
  • Strategising to increase P&L, requiring ongoing analysis of markets and products in the market
  • Ensuring compliance with the company’s regulatory requirements under the appropriate regulatory body.
  • 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 the FCA’s Code of Conduct
  • Carrying out regulatory activities under the [Marex Financial and MSIL] trading books
  • Liaising with clients in US, UK, France, Singapore
  • 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

Conduct Rules 

You must: 

  • Act with integrity 
  • Act with due skill, care and diligence 
  • Be open and cooperative with the FCA, the PRA and other regulators 
  • Pay due regard to the interests of customers and treat them fairly 
  • Observe proper standard of market conduct 
  • Act to deliver good outcomes for retail customers 

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. 

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