What are the responsibilities and job description for the Energy Tax Credits - Business Development Manager position at Marex?
Diversified. Resilient. Dynamic.
Marex is a global financial services platform, providing essential liquidity, market access and infrastructure services to clients in the energy, commodities and financial markets.
The Group provides comprehensive breadth and depth of coverage across four core services : Market Making, Clearing, Hedging and Investment Solutions and Agency and Execution. It has a major franchise in many major metals, energy and agricultural products, executing around 50 million trades and clearing 205 million contracts in 2022. 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 35 offices around the globe, and over 2,300 dedicated people enabling access to exchanges and technology-powered services.
For more information visit www.marex.com
Purpose of Role :
The Business Development Manager of the US Tax Credit group will lead the origination and business development effort for Marex's renewable energy tax credit transfer platform. This is a sales role dealing in products across renewable energy transferable tax credit business.
Marex 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.
Marex is launching a new renewable energy transferable tax credit platform with the goals of increasing the volume and efficiency of tax credit investments and bringing new buyers into the transferable tax credit market. Marex intends to leverage its position as a dominant player in REC and power sectors to become a leader in this growing market.
Responsibilities :
- Meet and communicate with clients, of all types and variety, to support growth of the business.
- Develop market intelligence to successfully advise clients on pricing guidance and industry trends.
- Assist with the onboarding of any new client relationships and maintain existing client relationships, assist with support processes as required by colleagues, and engage and update clients.
- Facilitate negotiations with clients and Marex stakeholders.
- Responsible for assisting with the onboarding of any new client relationships and maintaining of existing client relationships, assisting with support processes as required by colleagues, and engaging and updating clients.
- Collaboration with central operations functions which support the trading role including but not limited to Operations and Technology.
- Strategize to increase P&L, requiring analysis of markets and products.
- Ensuring compliance with the company's regulatory requirements under the SEC, FINRA, NFA, CFTC and other applicable exchanges.
- 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 Marex's Code of Conduct
Carrying out regulatory activities under the Marex Financial and MSIL trading books.
The Company may require you to carry out other duties from time to time.
Competencies, Skills and Experience :
Competencies :
Ability to take a high level of responsibility in a fast pace and high-volume environment.
Resilient in a challenging, fast-paced environment.
Skills and Experience :
Salary Range : $200,000 to $250,000 per year and eligible for discretionary bonus.
Marex Benefits for 2025
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
Collaborative
Developing our People
Adaptable and Nimble
Marex is fully committed to the elimination of unlawful or unfair discrimination and values the differences that a diverse workforce brings to the company.
We are an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status, or any other characteristic protected by the law.
LI-PP1
Salary : $200,000 - $250,000
