London, GB20h ago
Marex
About Marex
Marex Group plc (NASDAQ: MRX) is a diversified global financial services platform providing essential liquidity, market access and infrastructure services to clients across energy, commodities and financial markets. The group provides comprehensive breadth and depth of coverage across four core services: clearing, agency and execution, market making, and hedging and investment solutions. It has a leading franchise in many major metals, energy and agricultural products, with access to 60 exchanges. 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 40 offices worldwide, the group has over 2,300 employees across Europe, Asia and the Americas.
For more information visit https://www.marex.com/
The Risk Department at Marex is responsible for assessing, managing and monitoring various financial and non-financial risks that the company may face. The department employs analytical tools to monitor and mitigate potential threats. By implementing robust risk management practices, the department contributes towards maintaining Marex’s overall financial stability.
The Enterprise Risk Integration Manager serves as the central coordinator for Risk Department activity relating to acquisition integrations, strategic transformation initiatives, regulatory change and new business activities. The role holder will act as the Risk Department's delivery lead, translating strategic initiatives into clear business, regulatory, operational, technology, governance and risk requirements across all financial and non-financial risk disciplines. Working closely with senior stakeholders across the firm, they coordinate the design and implementation of target operating models, oversee departmental delivery commitments, and ensure the Risk function remains appropriately positioned to support the firm's strategic growth objectives.
The role combines enterprise risk expertise, transformation leadership and Risk COO type responsibilities, overseeing the delivery of target operating models and integration programmes across both financial and non-financial risk disciplines. The individual will work closely with senior stakeholders to ensure risks are proactively identified, assessed and managed, whilst maintaining alignment with the firm's governance frameworks, risk appetite and regulatory obligations.
A key requirement of the role is the ability to understand complex business models, financial products and trading activities, and to translate their associated risks into effective risk management frameworks, controls, monitoring capabilities and operating model solutions. The successful candidate will possess strong enterprise risk and Governance, Risk & Compliance (GRC) expertise, enabling them to challenge business initiatives, influence strategic decision-making and drive successful execution of acquisition integrations and transformational change.
Whilst focused primarily on strategic delivery, integration and operational effectiveness, the role also provides targeted assurance over material change activities through controls testing, helping to ensure that change is delivered in a controlled and sustainable manner.
Responsibilities:
• Plan and lead control testing (design and operating effectiveness) across key controls that are implemented, changed or constrained during the course of change execution. This includes controls implemented pre-go-live and post-go-live.
• Develop risk-based testing plans, scoping methodologies, and testing schedules in collaboration with stakeholders.
• Execute end-to-end controls testing activities, including walkthroughs, sample selection, evidence review, and documentation of results.
• Assess control deficiencies, determine root causes, rate issues by severity, and recommend practical and sustainable remediation actions.
• Work with Operational Risk to track remediation plans, validate closure of findings, and provide independent challenge where progress is insufficient.
• Work with Operational Risk to update Risk and Control registers to accurately reflect the suite of controls being performed by Business Divisions and Control and Support functions following new change implementation, where it is identified during controls testing that the control documentation needs to be updated.
• Prepare clear and concise reports and dashboards where requested to feed into management reporting and relevant forums / committees.
• Ensure controls testing methodologies, working papers, and evidence meet audit and regulatory standards and are consistently applied.
• Act as a subject matter expert on controls assurance, advising the business on control design improvements and risk mitigation strategies.
• Contribute to the design, implementation and embedding of Marex’s Change and Transformation Risk framework and methodologies.
• Perform controls testing deep dives on processes as requested by Management.
• Provide ad-hoc support and coverage for the team in relation to go-live assurance and closure reviews (when needed).
• Work with other assurance departments to ensure alignment of control documentation and testing plans where relevant.
Skills & Experience:
• Partner with business sponsors, programme teams and Risk leadership to translate strategic initiatives into clear financial and non-financial risk requirements, ensuring impacts across governance, frameworks, policies, processes, controls, technology, data, reporting and operating models are identified, assessed and delivered.
• Lead the design, implementation and execution of target operating models for the Risk Department, ensuring new businesses, acquisitions and material change initiatives are effectively integrated into the firm's enterprise risk management framework and control environment.
• Provide enterprise-wide coordination of Risk Department deliverables, working across Credit Risk, Market Risk, Operational Risk, Technology Risk, Data Privacy, Risk Governance and other specialist teams to ensure requirements are clearly defined, prioritised and executed.
• Act as the central point of oversight for departmental change initiatives, maintaining visibility of delivery progress, resource demand, interdependencies, implementation risks and key decisions, whilst ensuring the Risk function remains aligned to strategic priorities and regulatory obligations.
• Apply strong enterprise risk and GRC expertise to assess the impact of strategic initiatives on the firm's risk profile, governance framework, risk appetite, regulatory obligations and control environment, ensuring risks are appropriately identified, managed and mitigated throughout delivery.
• Work closely with Risk Technology, business stakeholders and programme teams to define and deliver system, data, reporting and monitoring requirements, ensuring technology solutions support the future-state risk operating model and provide appropriate risk management capabilities.
• Establish and lead governance forums, working groups and departmental steering committees to facilitate decision-making, prioritisation, issue resolution and executive oversight of acquisition and transformation activity.
• Produce high-quality management information, executive reporting and committee materials, providing senior management with clear visibility of integration progress, delivery risks, operating model decisions and strategic dependencies.
• Challenge programme assumptions, delivery plans and proposed solutions, ensuring they remain aligned to enterprise risk principles, regulatory expectations and the firm's governance standards.
• Support operational readiness, go-live decision making and implementation assurance activities by assessing whether agreed Risk Department requirements, controls, governance arrangements and monitoring capabilities have been satisfactorily delivered prior to implementation.
• Perform targeted controls testing for acquisitions and material change initiatives to assess the design and operating effectiveness of key controls, identify improvement opportunities and confirm successful embedding into BAU operations.
• Ensuring compliance with the company’s regulatory requirements under the [FCA, NFA, AMF, AFM, MAS]
• 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 [UK only] /Marex’s Code of Conduct [non uk]
• 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
Competencies and skills:
• Strategic thinking and commercial awareness.
• Enterprise risk and risk governance expertise.
• Strong stakeholder management and influencing skills.
• Ability to challenge constructively and provide effective second-line oversight.
• Excellent programme coordination and execution capability.
• Strong analytical and problem-solving skills.
• Ability to operate effectively in complex and fast-paced environments.
• Excellent verbal, written and executive communication skills.
• Strong governance, prioritisation and decision-making capability.
• Collaborative leadership with the ability to influence without direct authority.
• High degree of ownership, accountability and delivery focus.
Experience:
• Siignificant Enterprise Risk Management experinece within financial services or regulated industries.
• Strong technical understanding of financial products, trading activities and market infrastructure, including the associated market, credit, liquidity, operational, conduct and regulatory risks, and the controls required to manage those risks effectively.
• Proven track record in a leadership role with the ability to influence senior stakeholders.
• Experience designing and implementing future-state operating models and organisational change.
• Deep understanding of Governance, Risk & Compliance (GRC) frameworks, risk governance and control environments.
• Exposure to regulatory bodies and audit engagement is highly desirable.
• Preparation of Board Level reporting.
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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