You need strong knowledge of Fixed Income clearance/settlement, operational risk management, Broadridge GPS products, and industry initiatives. Must be detail-oriented, excel proficient, and a self-starter.

You will research and reconcile breaks, manage trade flows, realign securities, and work closely with various teams to ensure timely settlement while creating processes to lower operational risk.

Banking & Finance

United States

Jersey City

Wellness Programs

Health Care and Insurance Plans

Employee Discounts

Large

Jefferies is a leading global, full-service investment banking and capital markets firm that provides advisory, sales and trading, research and wealth and asset management services. With more than 40 offices around the world, we offer insights and expertise to investors, companies and governments.

Finance

Jefferies

Investment Banking

Jefferies, the global investment banking firm serving clients for 60 years.

Position Description:The AVP in Fixed Income Ops would be primarily responsible for:<ul><li>Ensuring clearance and settlement of Fed cash and repo securities at Jefferies LLC.</li><li>Managing an outsourced teams that are responsible for the clearance and settlement of repos and Fed securities (Government Ops), respectively</li></ul>Additional responsibilities include:<ul><li>Researching and reconciling breaks, fails, open items, etc</li><li>Architecting and managing trade flows to respective systems/depots for settlement</li><li>Re-aligning securities between depots as necessary</li><li>Working with MBS Allocations, MBS Settlements, Gestation Repo, and TMPG Operations teams to ensure settlement</li><li>Working with Repo/Securities Finance teams to ensure settlement</li><li>Creating and repairing processes to lower operational risk to the firm</li></ul>Desirable Qualifications:<ul><li>Strong knowledge of all Fixed Income clearance/settlement concepts and experience with settling trades and managing NFE/DOD at the Fed</li><li>Strong knowledge of Fixed Income security lifecycle events (fails, maturities, coupons, factors, rate changes, reorgs, etc) and its effect on stock record/trial balances</li><li>Proven track record of managing operational risk</li><li>Strong knowledge of Broadridge GPS products (BPS, CAGE/Global Framework, and Impact)</li><li>Proven track record of successfully working with industry peers on Fixed Income initiatives (Same Day Settlement, Fed Repo Tracking, Consolidated Margin, Single Security, etc)</li><li>Strong attention to detail</li><li>Strong written and verbal communication skills</li><li>Strong Excel skills (Pivot Tables, VLOOKUP, etc)</li><li>Proven self-starter with ability to think quickly under pressure</li></ul>

Position Description:The AVP in Fixed Income Ops would be primarily responsible for:Ensuring clearance and settlement of Fed cash and repo securities at Jefferies LLC.Managing an outsourced teams that are responsible for the clearance and settlement of repos and Fed securities (Government Ops), respectivelyAdditional responsibilities include:Researching and reconciling breaks, fails, open items, etcArchitecting and managing trade flows to respective systems/depots for settlementRe-aligning securities between depots as necessaryWorking with MBS Allocations, MBS Settlements, Gestation Repo, and TMPG Operations teams to ensure settlementWorking with Repo/Securities Finance teams to ensure settlementCreating and repairing processes to lower operational risk to the firmDesirable Qualifications:Strong knowledge of all Fixed Income clearance/settlement concepts and experience with settling trades and managing NFE/DOD at the FedStrong knowledge of Fixed Income security lifecycle events (fails, maturities, coupons, factors, rate changes, reorgs, etc) and its effect on stock record/trial balancesProven track record of managing operational riskStrong knowledge of Broadridge GPS products (BPS, CAGE/Global Framework, and Impact)Proven track record of successfully working with industry peers on Fixed Income initiatives (Same Day Settlement, Fed Repo Tracking, Consolidated Margin, Single Security, etc)Strong attention to detailStrong written and verbal communication skillsStrong Excel skills (Pivot Tables, VLOOKUP, etc)Proven self-starter with ability to think quickly under pressure

AVP, Settlements - Fed Clearance

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Jefferies

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