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Marex Spectron

Fuel Oil Broker - US

Marex Spectron, Houston, Texas, United States, 77246


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 worlds 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. Purpose of Role: Marex is seeking a Fuel Oil Broker who is an experienced, ambitious, and proactive individual, responsible for a portfolio of fuel oil products. Senior level position with the ability to work autonomously, and also as part of a team and directly engage with clients. Commercial ability to maintain good relationship with clients and find new ones to bring flow. 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. This role covers the Fuel Oil function within the Energy department. Responsibilities: Dealing in commodity products, in particular Fuel Oil products. Directly corresponding with clients, including banks, hedge funds, market makers, fund managers, institutional, trading houses, and refiners. Assisting with the onboarding of new client relationships and maintaining existing ones, supporting colleagues as required, and engaging and updating clients. Working efficiently and supporting the preparation of any new required frameworks. Collaboration with central operations functions which support the trading role including but not limited to Operations and Technology. Strategizing to increase P&L, requiring analysis of markets and products. Liaising with clients in the UK, Europe, Singapore, and the US. Ensuring compliance with the companys regulatory requirements under the FCA and NFA. Adhering to the operational risk framework for your role ensuring compliance with regulatory or company determined parameters. Role model for demonstrating the highest standards of integrity and conduct, reflecting Company Values. Complying with the FCAs Code of Conduct. The Company may require you to carry out other duties from time to time. Competencies, Skills and Experience: Competencies: Excellent verbal and written communication skills. A collaborative team player, approachable, self-efficient, and able to influence a positive work environment. Demonstrates curiosity. Ability to take a high level of responsibility. Excels at building relationships, networking, and influencing others. Resilient in a challenging, fast-paced environment. Strategic collaborator with insight and agility, able to anticipate future challenges, ensuring operational effectiveness. Skills and Experience: Analytical skills. Comprehensive knowledge of the financial service markets and relevant regulatory requirements. Substantial experience working in and knowledge of the Crude product area. Experience of the infrastructural support required to efficiently support the Crude business line. Experience working in a regulated environment and knowledge of the risk and compliance requirements associated with this. Bachelor's degree is preferred. 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. 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 clients various needs, and adaptable and nimble enough to respond quickly to changing conditions or requirements. Marex is fully committed to the elimination of unlawful or unfair discrimination and values the differences that a diverse workforce brings to the company. We are an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status, or any other characteristic protected by the law. J-18808-Ljbffr