Supplier Management Analyst

Marex Spectron
Graduate Trainee, Supplier Management Analyst

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 2,400 employees across Europe, Asia-Pacific and the Americas. For more information visit .

Marex Graduate Programme

Embark on a transformative journey with Marex’s Full-Time Graduate Programme – an experience tailored to empower and support Analysts. Dive into the ‘Backpack to Briefcase’ bootcamp, unveiling the intricacies of financial services, Marex’s purpose, and strategic priorities. Join your team post-bootcamp, fostering connections through continuous training.

Learn, grow, and expand your network through a diverse array of sessions fast-tracking your understanding of Marex and the industry. Engage in workshops covering behavioural, cognitive skills, technical understanding, and business awareness, nurturing your professional development.

Throughout the programme, seize the opportunity to attend informal insight events and a lunch and learn series hosted by senior Marex Leaders. Gain exposure, ask questions, and gain real insights into the business from influential figures.

From day one, connect with a network of fellow graduates. Attend training and events together, creating bonds with those sharing your journey. Join Marex, where your passions align with purpose, and your strengths converge with our values.

Role Summary

Marex is developing a supplier management capability that aligns with best practice and regulatory expectations. Following the appointment of a Head of Supplier Management, a comprehensive Third Party Management Policy (Policy) and roadmap have been established. We are now seeking two Supplier Management Analysts to support the Head of Supplier Management and the Chief Administration Officer (CAO) in implementing and operating this framework.

Supplier Management Analysis involves evaluating an organisation’s purchasing activities to ensure efficiency, cost effectiveness and compliance. It plays a crucial role in optimizing process and improving supplier relationships.

Overall Responsibilities

Policy Implementation:

• Assist in the roll out of the Policy across the organisation.
• Ensure alignment with regulatory expectations and industry best practice.
• Collaborate with various departments to integrate the Policy into existing processes.
• Conduct and/or trigger risk assessments to identify potential risk and vulnerabilities.
• Implement risk mitigation strategies in collaboration with the Head of Supplier Management.
• Monitor and report on supplier risk profiles regularly.

Data Analysis and Reporting:

• Collect and analyse data collected across all processes operating within the Supplier Lifecycle.
• In collaboration with the Head of Supplier Management, create and prepare detailed reports and dashboards.
• Provide data-driven insights to support decision-making processes.

Supplier Inventories and Contract Management:

• Maintain a central Contact Management System (CMS) and ensure it has accurate records for supplier services, legal contracts, amendments, and related documentation.
• From CMS, manage upcoming contract renewals to ensure the business has advance awareness of contract expiries or auto renewals.

Compliance and Audit Support:

• Ensure compliance with internal policies and external regulations across the Supplier Lifecycle.
• Assist internal and external audits relating to Supplier Management.
• Implement and track corrective actions resulting from Audit findings.

Process Improvements:

• Identify opportunities to enhance Supplier Management processes.
• Support the development and implementation of process improvements.
• Stay current with industry trends and best practice to drive continuous improvements.

Standard Responsibilities:

• Ensuring 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 complying with the FCA’s Code of Conduct and Marex’s Code of Conduct.
• 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.
• To provide input to risk management processes, as required.

The Company may require you to carry out other duties from time to time.

Skills and Experience

• Bachelor’s degree in business administration, supply chain management, finance or a related field.
• Strong analytical and quantitative skills with proficiency in data analysis tools (e.g., Excel and Power BI).
• Excellent organisation and time-management skills.
• Strong communication and interpersonal skills to effectively collaborate with stakeholders.
• Ability to manage multiple projects and meet deadlines.
• (Desirable) knowledge of supplier management principles, practices, and regulations.
• A collaborative team player, approachable, self-efficient and influences a positive work environment.
• 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.

Company Values

• 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. Working well with others is necessary for us to succeed at what we do.
• Developing our People: Our people are the basis of our competitive advantage. We look to “grow our own” and make Marex Spectron 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 client’s various needs, and adaptable and nimble enough to respond quickly to changing conditions or requirements. A non-bureaucratic, but well controlled environment fosters initiative as well as employee satisfaction.

Conduct Rules

You must:

• Act with integrity.
• Act with due skill, care and diligence.
• Be open and cooperative with the FCA, the PRA and other regulators.
• Pay due regard to the interests of customers and treat them fairly.
• Observe proper standards of market conduct.

Marex is fully committed to the elimination of unlawful or unfair discrimination and values the differences that a diverse workforce brings to the company.