Supplier Management Analyst

Marex Spectron; London; On-site; GBP 100,000 - 125,000

Job description

About Marex

Marex Group plc is a diversified global financial services platform, providing essential liquidity, market access and infrastructure services to clients in the energy, commodities and financial markets. It listed on Nasdaq Global Select Market in April 2024. With more than 35 offices in Europe, US and APAC, it 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.

For more information visit www.marex.com

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 processes and improving supplier relationships.

Responsibilities

Policy Implementation:

1. Assist in the rollout of the Policy across the organisation.
2. Ensure alignment with regulatory expectations and industry best practice.
3. Collaborate with various departments to integrate the Policy into existing processes.

Risk Management:

1. Conduct and/or trigger risk assessments to identify potential risks and vulnerabilities.
2. Implement risk mitigation strategies in collaboration with the Head of Supplier Management.
3. Monitor and report on supplier risk profiles regularly.

Data Analysis and Reporting:

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

Supplier Inventories and Contract Management:

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

Compliance and Audit Support:

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

Process Improvements:

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

Standard Responsibilities for All Roles:

1. Ensuring compliance with the company’s regulatory requirements under the [FCA, NFA, AMF, AFM, MAS - DELETE OR ADD AS APPROPRIATE].
2. Adhere to the operational risk framework for your role ensuring that all regulatory or company determined parameters are complied with.
3. Role model for demonstrating the highest level standards of integrity and conduct and reflecting Company Values.
4. At all times complying with the FCA’s Code of Conduct and Marex’s Code of Conduct.
5. 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.
6. To report any breaches of policy to Compliance and/or your supervisor as required.
7. To escalate risk events immediately.
8. To provide input to risk management processes, as required.

Skills and Experience

1. Bachelor’s degree in business administration, supply chain management, finance or a related field.
2. Strong analytical and quantitative skills with proficiency in data analysis tools (e.g., Excel and Power BI).
3. Excellent organisation and time-management skills.
4. Strong communication and interpersonal skills to effectively collaborate with stakeholders.
5. Ability to manage multiple projects and meet deadlines.
6. Knowledge of supplier management principles, practices, and regulations.
7. Experience working in a regulated environment and knowledge of the risk and compliance requirements associated with this.

Conduct Rules

You must:

1. Act with integrity.
2. Act with due skill, care and diligence.
3. Be open and cooperative with the FCA, the PRA and other regulators.
4. Pay due regard to the interests of customers and treat them fairly.
5. Observe proper standards of market conduct.
6. 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.

#LI-DG1