Global Head of Risk Architecture

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 (http://www.marex.com/)

The Risk Department plays a crucial role in identifying, assessing, and managing various risks that could impact the stability and profitability of Marex. The department aims to strike a balance between risk and reward, ensuring the Marex’s operations are within acceptable risk tolerance levels. Regular monitoring, stress testing, and reporting are integral components to maintain a resilient and compliant financial environment.

The Global Head of Risk Technology will be responsible for designing, developing, and implementing the firm’s Risk Management Technology Strategy.

The role includes overseeing the documentation of current technology architecture, planning future architecture, and leading the integration of acquisitions infrastructure. In addition, the role requires assessing and responding to new change projects, tracking developments with risk dependencies across various business units, and managing the pace of development per plan.

The role will also require driving the prioritization of technology resources for the Risk department with Central Technology, ensuring efficient allocation to meet business-critical needs.

The successful candidate will be a part of Risk Leadership and will represent the Department on various Risk technology topics to internal and external stakeholders including Senior Management, Board and its sub-committees, Regulators, Clients and Counterparties as required.

The Global Head of Risk Technology will be responsible for designing, developing, and implementing the firm’s Risk Management Technology Strategy.

The role includes overseeing the documentation of current technology architecture, planning future architecture, and leading the integration of acquisitions infrastructure. In addition, the role requires assessing and responding to new change projects, tracking developments with risk dependencies across various business units, and managing the pace of development per plan.

The role will also require driving the prioritization of technology resources for the Risk department with Central Technology, ensuring efficient allocation to meet business-critical needs.

The successful candidate will be a part of Risk Leadership and will represent the Department on various Risk technology topics to internal and external stakeholders including Senior Management, Board and its sub-committees, Regulators, Clients and Counterparties as required.

Key Responsibilities:

• Develop and execute the risk technology strategy: Align risk technology with the Firm’s broader business goals, incorporating innovative risk management solutions.

• Document current technology architecture: Create and maintain comprehensive documentation of the existing risk technology infrastructure for both internal and external use.

• Plan and design future architecture: Lead the development of scalable and adaptable future architecture, ensuring systems are prepared for evolving business and regulatory demands.

• Build out functional plans: Lead the development of detailed functional plans for risk technology that roll up into an overall strategic roadmap, ensuring all initiatives are aligned and contribute to long-term objectives for the Department.

• Integration of acquisitions infrastructure: Oversee the integration of risk management technology from acquired entities, ensuring smooth onboarding and system harmonization while maintaining adequacy of supervision.

• Track risk technology dependencies across the firm: Monitor and manage development projects with Risk technology dependencies across various business units, ensuring alignment with the Firm’s overall Risk Management strategy.

• Oversee the pace of development: Drive and report on the pace of Risk technology development in alignment with project timelines and business priorities.

• Collaborate with cross-functional teams: Work closely with Risk leadership, Central Technology, Strategy, Change and broader business product leads.

• Drive innovation: Lead the integration of advanced technologies such as AI, machine learning, and data analytics into the firm’s Risk Management framework to enhance risk monitoring and mitigation capabilities.

• Ensure compliance: Work with legal, compliance, and audit teams to ensure that all risk technology solutions comply with regulatory standards (e.g., Basel III, MiFID II), especially during periods of organizational change or acquisition.

• Lead and mentor: Manage and develop a high-performing team of risk technology professionals, fostering a culture of innovation, collaboration, and continuous improvement.

• Future-proof technology solutions: Ensure that risk management technology is robust, scalable, and adaptable to new business environments, acquisitions, and projects with complex risk dependencies.

• Drive prioritization of resourcing: Work closely with Senior leadership to prioritize the allocation of technology resources to the Risk Department, ensuring that key risk initiatives are adequately resourced to meet critical deadlines and business needs.

• Monitor technology advancements: Stay updated on industry trends and advancements in risk technology to ensure the firm’s infrastructure remains competitive and forward-looking.

All staff:

• Ensure compliance with the company’s regulatory requirements under the FCA

• 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 comply with the FCA’s Code of Conduct

• 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

• Report any breaches of policy to Compliance and/ or your supervisor as required

• Escalate risk events immediately

Provide input to risk management processes, as required.

Skills and Experience:

Essential:

• Background in Financial Services Technology preferably within Risk Management

• Exposure to wide range of technology relevant to the financial services risk management (Risk Analytics, Trade and Market Data, Quantitative and Scenario based modelling)

• Internal and External Relationship Management

• Product Development Experience in an Agile environment.

• Excellent communication skills

• Delivery focussed, displaying entrepreneurial and leadership skills

• Resilient in a fast-paced environment – able to steer and progress agenda effectively

Desirable:

• Knowledge of wholesale financial services (clearing, broking, market making and structured products)

• Knowledge of relevant processes (trade lifecycle, operational and risk processes)

• Experience working in a regulated environment and knowledge of the risk and compliance requirements associated with this

Competencies

• A collaborative team player, 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

• Excels at building relationships, networking and influencing others

Strategic collaborator with insight and agility, able to anticipate future challenges, ensuring operational effectiveness.

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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