Marex Overview

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 www.marex.com.

Department Description

Marex Solutions is one of Marex’s four segments. At Marex Solutions, we are not your typical derivatives people. Our team is home to talented people drawn from a wide range of banking and trading backgrounds. But they share a common vision and a drive to deliver outstanding, innovative solutions to our clients; solutions that push beyond expectations and exceed the goals and ambitions that our clients have set us.

We welcome creative and innovative thinkers, people with independent minds, wisdom and experience. People who see what can be, not just what is.

But we look for more than just smart ideas. Our work is challenging and our goal is revolutionary. We need people with a can-do attitude. People who will be hands on and get things done. People with the confidence to challenge the way the investment banks think about the principles, processes, and opportunities of the derivatives sector, and then do things differently.

And we also foster empathy. Our people intuitively understand the needs and goals of our clients and colleagues and work tirelessly to surpass them. Our people work every day to build a different, better world for everyone.

If you share our drive, our principled determination to make a difference, our creativity and our focus then you’ll fit right in at Marex Solutions.

Role Summary

We are seeking a highly motivated final-year engineering or quantitative finance student to join the Cross-Asset Structuring team in London or Paris for a 6-month internship, with a strong focus on Quantitative Investment Strategies (QIS). The intern will work alongside structurers, quants and traders on the design, analysis, and implementation of systematic investment strategies, with particular focus on Commodities, Digital Assets and X-Asset Volatility. The internship can also be flexible and cover a wider range of products such as structured derivatives across equities, rates, credit, commodities, FX, and crypto.

What We Offer

• Immersion in a front-office structuring environment
• Exposure to real-time product design and strategy implementation
•  Mentorship from senior structurers and traders
• Access to live market data and structured product pipelines
• Potential full-time opportunities for strong performers

Overall Responsibilities

• Assist in the design and documentation of QIS indices and systematic strategies
• Support structurers in translating trading ideas into robust, indexable frameworks
• Perform quantitative analysis, backtesting, and scenario analysis of strategies
• Analyse volatility, correlation, and cross-asset dynamics relevant to structured products
• Contribute to payoff engineering for structured notes and OTC derivatives
• Prepare internal memos, presentations, and client-facing materials
• Interact closely with trading desks to ensure hedgeability and the right modelling & risk assessment
•  Support governance, index rules drafting, and lifecycle monitoring of strategies
• Ensuring compliance with the company’s regulatory requirements under the FCA and any other appropriate regulatory body
• 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/Marex 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

Skills and Experience

• Final-year student (3A) in a engineering school or Master’s programme
• Quantitative Finance Masters: M2 Probabilités et Finance (El Karoui), M2 Laure Elie, or equivalent
• Strong academic record in mathematics, statistics, and computer science
• Excellent written and verbal communication skills in English

Competencies

• Mathematics: Stochastic calculus, PDEs, probability theory, numerical methods, optimization
• Machine Learning: Deep learning fundamentals (CNNs, RNNs, Transformers), PyTorch or TensorFlow, reinforcement learning basics
• Programming: Python (advanced), experience with NumPy, Pandas, SciPy; C++ is a plus
• Finance: Derivatives pricing theory, Black-Scholes framework, volatility modeling; exposure to exotic products is a plus
• Ability to communicate complex ideas clearly
• Strong analytical and problem-solving abilities
• Curiosity and ability to innovate
• Enthusiasm for Crypto as an asset class is a plus
• Ability to work independently while collaborating effectively with sales, traders and quants

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 standard of market conduct
• Act to deliver good outcomes for retail customers

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. 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 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.

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

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