Graduate Trainee, Quantitative Analyst

A Graduate Quantitative Researcher role at Marex focused on developing and testing data-driven investment strategies using quantitative modelling and programming in financial markets.

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.

Role Summary
Marex Solutions is a division of Marex providing investment banking solutions with a fintech mindset. We aim to become the world’s leading manufacturer of cross-asset, customized derivatives.

We are looking for a Graduate Quantitative Researcher to join the Quantitative team in London. This role focuses on the research, development, and enhancement of systematic investment strategies and quantitative indices across asset classes. The successful candidate will contribute to the full strategy lifecycle, from idea generation and data analysis through backtesting, risk assessment, and implementation support.

This is a strong opportunity for a numerically minded graduate to apply quantitative techniques, statistical modelling, and programming skills to real market problems. The role offers close exposure to quants, traders, structurers, and technologists, with the chance to help build scalable analytics and research tooling that support the design and delivery of QIS solutions for clients.

Overall Responsibilities

As a Graduate, you will start by learning the fundamentals on the job and build your experience over time so that you can take on the following responsibilities:

• Support the research and development of QIS strategies and quantitative indices under the guidance of senior quants, with a focus on robust methodology, scalability, and commercial relevance

• Analyse market and alternative data to identify potential signals, test hypotheses, and evaluate the performance and stability of systematic strategy ideas across different market regimes

• Build and maintain research prototypes, backtesting tools, and analytics to assess strategy behaviour, transaction costs, hedging considerations, and risk exposures

• Document methodology, assumptions, results, and limitations clearly so that research outputs can be reviewed, challenged, and developed further by the wider team

• Collaborate with Trading, Structuring, and Technology to help translate quantitative research into practical, implementable QIS solutions aligned with market constraints, client needs, and control standards

• Maintain high coding and testing standards in research and prototype code, and contribute to the improvement of the team’s quantitative research infrastructure over time

Standard Responsibilities for all Roles

• Ensuring compliance with the company’s regulatory requirements under the FCA and other appropriate regulatory bodies.

• 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

• Carrying out regulatory activities under the [Marex Financial and MSIL] trading books

• Liaising with clients

• 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

Essential Skills and Experience

• 2:1 or above expected or achieved in Mathematics / Computer Science / Engineering degree or similar

• MSc, MSc Equivalent or above

• Experience / project applying math to finance (strategy or options)

• Strong Python programming

• IT literate with a good knowledge of Microsoft Excel

• Strong analytical skills

• Problem solving skills

• Able to work as part of a team but also be self-motivated

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

• Knowledge of the underlying products at Marex within Solutions

Desirable Skills and Experience

• Machine Learning (coursework / work experience)

• Knowledge of Derivatives / Options

• Internship(s) or Placement(s) in Finance / Quant-related roles

• Experience in production code and data pipelines

• CI/CD

• API development / AWS ECS

• SQL / C++ / Rust

Competencies

• Excellent verbal and written communication skills

• A collaborative team player, approachable, self-efficient and influences a positive work environment

• Demonstrates curiosity

• Resilient in a challenging, fast-paced 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

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 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 standard of market conduct

• Act to deliver good outcomes for retail customers

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