Equity Swaps/Derivatives Middle Office

Description
Jefferies Financial Group Inc. (‘‘Jefferies,’’ ‘‘we,’’ ‘‘us’’ or ‘‘our’’) is a U.S.-headquartered global full service, integrated investment banking and securities firm. Our largest subsidiary, Jefferies LLC, a U.S. broker-dealer, was founded in the U.S. in 1962 and our first international operating subsidiary, Jefferies International Limited, a U.K. broker-dealer, was established in the U.K. in 1986. Our strategy focuses on continuing to build out our investment banking effort, enhancing our capital markets businesses and further developing our Leucadia Asset Management alternative asset management platform. We offer deep sector expertise across a full range of products and services in investment banking, equities, fixed income, asset and wealth management in the Americas, Europe and the Middle East and Asia.

Job Description:

The Equity Derivatives Middle Office manage core transactional and post trade processing controls for the EMEA Equities Business within Jefferies International Limited. The middle office team are the focal point between the equities business (COO, trading, sales) and other teams across operations and wider corporate functions. The middle office performs transactional controls to ensure end to end processing is complete, timely, and accurate. The middle office interacts with clients and other external agents in supporting the lifecycle event processing for Equity Derivative activity. The middle office are also actively engaged in business, regulatory and technology driven projects.

Department: Equity Derivatives Middle Office

Key Responsibilities & Tasks:

• Transactional controls – ownership of transactional controls for all equity derivative products traded by the desk (swaps, options, futures, exchange traded and OTC) and associated hedges.

• Lifecycle event monitoring and processing – including swap resets, corporate actions (processing adjustments to derivative and hedge positions) expiries.

• Transaction Reporting: Investigation & resolution of breaks impacting Regulatory reporting - Mifid II, Dodd-Frank and EMIR Transaction Reporting.

• P&L reporting: Production of daily P&L flash.

• Process improvement: Identifying improvements to be made front to back. Taking ownership of issues and driving changes through to resolution.

• UAT testing: Engaging with product development and IT teams in the build out of new products and system functionality – defining operational processing requirements and planning UAT testing.

• Reporting and metrics: Monitoring KRIs and providing regular commentary on the drivers of any KRIs trending amber or red.
  

Qualifications

Qualifications/ Experience:

The candidate is required to have experience in Equity Derivatives – understanding of products and downstream processing requirements.

Working relationships:

The candidate will face internal and external clients. Good communication skills, effective collaboration, and a can-do attitude are key attributes for success in the role.

At Jefferies, we believe that diversity fosters creativity, innovation and thought leadership through the infusion of new ideas and perspectives. We have made a commitment to building a culture that provides opportunities for all employees regardless of our differences and supports a workforce that is reflective of the communities where we work and live. As a result, we are able to pool our collective insights and intelligence to provide fresh and innovative thinking for our clients.
Jefferies is an equal employment opportunity employer. We practice equal opportunity for all, and all qualified applicants will receive consideration for employment without regard to race, religion, ancestry, color, gender, pregnancy, age, physical or mental disability, national origin, marital, family and social status, sexual orientation, gender identity or expression, genetic information, reproductive health decisions, trade union membership or any other factor protected by law. We are committed to hiring the most qualified applicants and complying with all federal, state, and local equal employment opportunity laws. As part of this commitment, Jefferies will extend reasonable accommodations or adjustments to individuals with qualified disabilities, as appropriate, under applicable law.
All employees must follow Jefferies’ COVID-19 protocol policy, which is subject to change.

Primary Location: GB-GB-London

Work Locations: London Bishopsgate 100 Bishopsgate London EC2N 4JL

Job: Operations

Organization: Corporate

Schedule: Full-time

Job Posting: Apr 11, 2023, 10:31:56 AM