Job Information
Marex Business Analyst - Risk (Financial Services) in New York, New York
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 2300 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 Business Analyst (IT) within Marex collaborates with multiple stakeholders to design and implement the vision of world class platforms using innovative technology.
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.
The Technology Department delivers differentiation, scalability, and security for the business. Reporting to the COO, Technology provides digital tools, software services, and infrastructure globally to all business groups. Software development and support teams work in agile ‘streams' aligned to specific business areas. Other teams work enterprise-wide to provide critical services including the global service desk, network and system infrastructure, IT operations, security, enterprise architecture, and design.
The Business Technology function ensures delivery of Technology services to each Marex business and optimizes technology stacks, prioritizes strategic technology roadmaps, and drive software delivery lifecycle. Change initiatives are defined and agreed with each business area and delivery is coordinated against specific acceptance criteria. Each Business Technology team is aligned to one of Marex's business divisions and works with a corresponding Development team and Application Support team. A global team of implementation resources coordinate and support the technology business streams with delivery.
Responsibilities:
Perform functional and technical analysis for integration projects and issues.
Provide business analysis for projects and issues related applications and reporting systems/processes
Proactively identify process improvements and gather high level specifications.
Assist in building controls and define business processes to ensure quality of data is maintained.
Assist with team workload including ad-hoc business user requests, user acceptance testing, and training
Provide strategic technological direction for the business
Innovate new solutions, ensuring the business is always one step ahead of the competition.
Contribute to the technical direction of the department by researching new concepts and technologies, evaluating third party products and tools that are (or may be) used by the team.
Create epics that capture business deliverables with an agreed set of Acceptance Criteria (the contract) and report on the priority/progress/effort/cost of these epics/projects
Oversee projects to ensure they are run efficiently and delivered on time and on budget
Prioritise and drive the business requirements providing regular status updates
Ensure delivered infrastructure and systems are of production quality and adequately documented for handover to the business and/or support functions.
Ensure delivered systems are secure, reliable, and scale to meet the demands of a rapidly growing business
Help define best software development practices and processes and ensure they are adhered to.
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 require
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
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 or equivalent required
Minimum of five (5) years of experience in similar role or industry.
Detailed understanding of the Business Analyst role and its deliverables in an Agile environment.
Knowledge of Financial Services and the different business and support functions
Experience analyzing complex systems/processes
Experience with project planning and coordination
Agile and scrum development methodologies.
Knowledge of Broker business – and several asset classes
Experience with accounting practices within a large organization.
Product development experience.
Accounting qualification.
Experience with enterprise reporting (PowerBI 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: $100,000 to $150,000 per year plus 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'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.
#LI-PP1