About Marex
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 2,300 employees across Europe, Asia and the Americas.
For more information visit https://www.marex.com/
Role Summary
Marex is seeking a Head of Market Data to establish a dedicated Market Data Services function to ensure the firm can reliably, efficiently, and commercially manage all real‑time and reference data used across Marex. The Head of Market Data will own the end‑to‑end strategy, operating model, and execution across five core Market Data pillars: Commercial & Governance, Data Engineering, Operations & Support, Data Quality & Standards, and Product & Strategy. This role will lead an existing Market Data Commercial & Governance team, stand up a new Market Data Engineering team, partner with the Data Management and Enterprise Architecture teams, and ultimately build a centralised, modern, compliance‑driven, and cost‑efficient Market Data organisation for Marex.
Responsibilities
- Build, mentor, and scale a multi-disciplinary Market Data function covering Commercial & Governance, Market Data Engineering, Operations & Support, Data Quality & Standards, and Product & Strategy.
- Establish a unified operating model, consolidating currently siloed teams into a centralised capability, identifying capability gaps and defining a roadmap to address them.
- Create a culture of accountability, innovation, cost discipline, and technical excellence.
- Engage stakeholders across business streams and Technology to align priorities and deliver measurable value.
- Drive the adoption of automation and advanced analytics within market data processes to improve efficiency and data-driven decision-making.
- Champion data privacy and security best practices, ensuring all market data activities comply with internal and external standards.
- Foster partnerships with external data providers and industry bodies to keep Marex at the forefront of market data innovation.
- Develop and maintain robust disaster recovery and business continuity plans for market data services.
- Oversee the implementation of key performance indicators (KPIs) to measure and report on the effectiveness of market data operations.
- Promote continuous professional development within the team, encouraging certifications and training in market data and related technologies.
All staff:
- Ensure 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 comply with the FCA’s Code of Conduct.
- 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.
- Report any breaches of policy to Compliance and/ or your supervisor as required.
- Escalate risk events immediately.
- Provide input to risk management processes, as required.
Skills and Experience
Essential:
- Extensive experience (5+ years) across market data management within financial markets—brokerage, trading firm, exchange, or vendor.
- Deep understanding of real-time feeds and reference data across a wide range of asset classes.
- Expertise across exchange policies, licensing models, and vendor ecosystems.
- Proven delivery of cost-optimisation programmes and governance frameworks.
- Strong technical grounding in market data architecture.
- Leadership experience building engineering and operational teams.
- Excellent vendor negotiation skills and strong commercial acumen.
- Strong understanding of regulatory requirements affecting market data (e.g., MiFID II, GDPR).
- Experience in vendor risk management and third-party due diligence.
Desirable:
- Experience with commodities and energy data.
- Background in cloud-native data architectures and market data modernisation.
- Involvement in industry forums (e.g. FISD etc.).
- Prior involvement in digital transformation initiatives within financial services.
- Knowledge of sustainability and ESG data as it relates to market data.
- Proficiency in data visualisation and reporting tools.
Competencies
- A collaborative team player, approachable, self-efficient and influences a positive work environment.
- Demonstrates curiosity.
- 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.
- Exceptional change management skills, able to lead teams through organisational transformation.
- Strong analytical and problem-solving skills, with a proactive approach to identifying and mitigating risks.
- Ability to communicate complex technical concepts to non-technical stakeholders.
- Commitment to fostering an inclusive and diverse workplace culture.
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 being an inclusive employer and providing an inclusive and accessible recruitment process for all. We will provide reasonable adjustments to remove any disadvantage to you being considered for this role. We value the differences that a diverse workforce brings to the company. We welcome applications from candidates returning to the workforce. Also, Marex is committed to avoiding circumstances in which the appearance or possibility of conflicts of interest may exist within the hiring process.
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