Treasury Manager

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 leading 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

The Treasury Manager is responsible for understanding, monitoring and managing Liquidity, Interest Rate and FX Risk in Marex Financial and across the wider Group; for maintaining and advancing the Treasury risk frameworks in an environment of continuous business growth; for developing and managing the Treasury Analytics team. You will be a centre of expertise and point of contact for the businesses, able to provide a holistic view of risks and activities, escalating issues as appropriate.

Marex is seeking an experienced, resilient and detail oriented individual. You will be a critical thinker with excellent communication skills, who is looking for a new challenge in a rapidly evolving and growing organisation.

Responsibilities:

• Enhance and maintain the Group's liquidity risk framework; including daily monitoring, internal and regulatory stress testing and analytics, proactively driving continuous improvements
• Develop and maintain analytics, reports and other materials associated with liquidity & funding
• Coordinate across Control and Support functions; Operations, Finance, Risk and Technology and with the businesses to understand, monitor and manage all key liquidity, interest rate and FX risks in Marex Financial and across the wider Group
o At a business and client level, including setting and implementing appropriate limits, and incentives via internal cost allocations
o At a Legal entity level, including inter-entity funding relationships and liquidity risks
o Monitor liquidity to meet margin calls requirements
o Anticipate and integrate the impacts of new products and/ or businesses
o Maximise returns on invested funds, consistent with liquidity
o Monitor and manage (to a minimum) currency positions at a Group and local level
o Maintain a process to hedge forward foreign (i.e. Non-US dollar) currency requirements
o Liaise with the Finance Regulatory team to monitor capital utilisation in foreign subs and ensure adequate capital is provided to all subs (both UK and foreign)
• Act as point of contact with Front Office to monitor, understand, and authorise funding requirements
• Assist the wider Finance and Risk teams in the preparation of FCA key documents and ad hoc requests as required (e.g. ICARA), taking ownership of key sub-sections
• Support the Treasurer in managing funding requirements/transactions with external counterparties (RCF, sale of forward profits, etc.)
• Monitor, improve and help keep updated Treasury policies and procedures
• Collaborate with other functions to advance firm-wide projects (e.g. M&A activity)
• Develop/ enhance reports and presentations to senior management and external stakeholders (e.g. rating agencies)
• Develop and manage the broader Treasury Analytics team

Skills & Experience:

• Degree in Finance or Economics or Engineering
• 7 years or more Treasury or Risk experience in the financial services industry, with specific focus on broker dealer/ derivatives knowledge and experience
• Deep understanding of financial markets and products
• In-depth knowledge of liquidity management and an understanding of liquidity regulations and impact to firms
• Strategic thinker able to anticipate and respond to changing firm priorities
• Ability to create meaningful reports, metrics and analyses
• Ability to work independently with minimal oversight as well as be an effective team member
• Excellent communication and interpersonal skills required with ability to present complex issues succinctly
• Ability to manage multiple tasks concurrently effectively and efficiently
• Enthusiastic, self-motivated and effective under pressure
• Attention to detail, highly numerate and analytical

If you’re forging a career in this area and are looking for your next step, get in touch!

Marex is fully committed to being an inclusive employer and providing an inclusive and accessible recruitment process for all. We will provide reasonable adjustments to remove any disadvantage to you being considered for this role. We value the differences that a diverse workforce brings to the company. We welcome applications from candidates returning to the workforce. Also, Marex is committed to avoiding circumstances in which the appearance or possibility of conflicts of interest may exist within the hiring process.

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