Marex is a global financial services platform providing liquidity, market access, and infrastructure services across energy, commodities, and financial markets. The Product Control Intern will support daily P&L production, risk-based analysis, fair value adjustments, FOBO processes, control activities, audit requirements, and finance transformation initiatives across multiple asset classes.
Responsibilities
Perform Daily P&L Production for various asset classes. Prepare results, including Risk based analysis, communicate to traders and be able to challenge on any significant disputes. Prepare P&L proforma information
In depth analysis of Funding, Sales credits and Risk based P&L (incl Greeks). Calculate Fair value adjustments (CVA, DVA, Bid/Offer)
Build out and run the daily FOBO process ensuring front office trades and cash flows are correctly represented in the firms books and records (ledgers)
Work on helping build the P&L process for the Solutions business. This will require working with various stakeholders to assess risk, document risk gaps and build automated solutions to address any gaps
Understand the end to end control environment working with Operations and Trading to identify Control weaknesses and work collaboratively to solve. This could be across the balance sheet, P&L, Sales credits or reporting disclosures
Work on various product initiatives within the team, Marex is an evolving firm and requires ability to integrate new products, business lines, systems into the reporting environment
The position comes with a strong project focus and the candidate will be a key contributor to identifying opportunities and delivering process and transformation improvements
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
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
Assist the firm in adhering to SOX compliance guidelines, designing and implementing best practice controls
Working with external audit to ensure Marex is successfully audited both at year-end and across the year through ad-hoc requests and reviews before earnings releases
To escalate risk events immediately
The Company may require you to carry out other duties from time to time
Qualification
Required
A collaborative team player, approachable, self-efficient and influences a positive work environment
Demonstrates curiosity and attention to detail
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
Good understanding of Capital markets and Structured products such as Notes, will be helpful and broad appreciation for how Solutions products benefit our clients
Excellent communication skills
Ability to collaborate with Management, Front Office, Legal, Operations and Risk
Ability to pinpoint root cause issues
Ability to work with tight deadlines
Proven analytics and investigation skills
Ideally proficient in MS office (Excel) and comparing and analysing data sets
Excellent verbal and written communication skills
Preferred
Process optimisation or change experience (preferred, but not essential)
Experience in Python / SQL or Alteryx (preferred, but not essential)
Benefits
Career development and support, including stretch opportunities
Marex is a financial services platform providing essential liquidity, market access, and infrastructure for the marine sector.
