FAQs
What are the primary responsibilities of the AVP, Settlements - Fed Clearance role at Jefferies LLC?
The primary responsibilities of the AVP in Fixed Income Ops at Jefferies LLC include ensuring clearance and settlement of Fed cash and repo securities, managing outsourced teams responsible for clearance and settlement, researching and reconciling breaks and open items, managing trade flows to respective systems for settlement, re-aligning securities between depots as necessary, and working with various teams to ensure successful settlement.
What qualifications are desirable for the AVP, Settlements - Fed Clearance role at Jefferies LLC?
Desirable qualifications for the AVP role in Fixed Income Ops at Jefferies LLC include strong knowledge of Fixed Income clearance/settlement concepts, experience with settling trades and managing NFE/DOD at the Fed, understanding of Fixed Income security lifecycle events, proven track record of managing operational risk, familiarity with Broadridge GPS products, experience working with industry peers on Fixed Income initiatives, attention to detail, strong communication skills, proficient in Excel, and ability to think quickly under pressure.