Associate, Fixed Income Ops
Jefferies, Jersey City, NJ, United States
Job Description
Job Title:
Associate, US Fixed Income Ops
Position Description:
The Associate, US Fixed Income Ops would be primarily responsible for: Assisting to manage all projects and testing in the US Fixed Income Ops space for systems, industry, and regulatory changes Assisting to manage the day-to-day Fixed Income Ops workflow, primarily covering clearance and funding of Fixed Income securities in both DTC/Fed depositories Day-to-day responsibilities include:
Developing, implementing, and testing enhancements to ensure straight-through processing of outright and report transactions Researching and reconciling breaks, fails, open items, unencumbered securities, etc Liaising with desk, Middle Office, and other Operations teams to satisfy settlement and funding obligations Architecting and managing trade and security flows to respective systems/depots for settlement Re-aligning securities between depots Creating and repairing processes to lower operational risk to the firm Experience in the following is a plus:
Fed Clearance DTC Clearance Broadridge Systems (Impact, BPS, Gloss) Desirable Qualifications:
Strong knowledge of all Fixed Income clearance/settlement concepts and experience in DTC, Fed, and Euroclear Strong knowledge of Fixed Income security lifecycle events (fails, maturities, coupons, factors, rate changes, reorgs, etc) and its effect on stock record/trial balances Proven track record of managing operational risk, processes, projects, and staff Strong knowledge of Broadridge GPS products (BPS, CAGE, Impact, Gloss) Proven track record of successfully managing the allocation of collateral into triparty shells and running a funding operation 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 detail
Strong written and verbal communication skills Strong Excel skills (Pivot Tables, VLOOKUP, analysis of large data sets) Proven self-starter with ability to think quickly under pressure
Primary Location: Jersey City Full Time Salary Range of $70,000-$90,000
#LI-MB1
About Us
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.
At Jefferies, we are committed 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 committed to creating and sustaining a workforce that welcomes individuals from all backgrounds to apply. Our employment decisions are made without regard to race, creed, color, national origin, ancestry, religion, pregnancy, age, medical condition, physical or mental disability, marital status, domestic partner status, sex, sexual orientation, gender, gender identity or expression, veteran or military status, genetic information, reproductive health decisions, or any other factor protected by applicable 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 accommodation to individuals with disabilities, as required by applicable law.
The salary offered will take into consideration an individual's experience level and qualifications. In addition to salary, Jefferies Financial Group is proud to offer a comprehensive benefits package to eligible, full-time employees or part-time employees, who are scheduled to work at least 30 hours or more per week, including an annual discretionary incentive and retention bonus, competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Jefferies also offers paid time off packages that include planned time off (e.g., vacation), unplanned time off (e.g., sick leave), and paid holidays, and for full-time employees, paid parental leave.
Job Title:
Associate, US Fixed Income Ops
Position Description:
The Associate, US Fixed Income Ops would be primarily responsible for: Assisting to manage all projects and testing in the US Fixed Income Ops space for systems, industry, and regulatory changes Assisting to manage the day-to-day Fixed Income Ops workflow, primarily covering clearance and funding of Fixed Income securities in both DTC/Fed depositories Day-to-day responsibilities include:
Developing, implementing, and testing enhancements to ensure straight-through processing of outright and report transactions Researching and reconciling breaks, fails, open items, unencumbered securities, etc Liaising with desk, Middle Office, and other Operations teams to satisfy settlement and funding obligations Architecting and managing trade and security flows to respective systems/depots for settlement Re-aligning securities between depots Creating and repairing processes to lower operational risk to the firm Experience in the following is a plus:
Fed Clearance DTC Clearance Broadridge Systems (Impact, BPS, Gloss) Desirable Qualifications:
Strong knowledge of all Fixed Income clearance/settlement concepts and experience in DTC, Fed, and Euroclear Strong knowledge of Fixed Income security lifecycle events (fails, maturities, coupons, factors, rate changes, reorgs, etc) and its effect on stock record/trial balances Proven track record of managing operational risk, processes, projects, and staff Strong knowledge of Broadridge GPS products (BPS, CAGE, Impact, Gloss) Proven track record of successfully managing the allocation of collateral into triparty shells and running a funding operation 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 detail
Strong written and verbal communication skills Strong Excel skills (Pivot Tables, VLOOKUP, analysis of large data sets) Proven self-starter with ability to think quickly under pressure
Primary Location: Jersey City Full Time Salary Range of $70,000-$90,000
#LI-MB1
About Us
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.
At Jefferies, we are committed 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 committed to creating and sustaining a workforce that welcomes individuals from all backgrounds to apply. Our employment decisions are made without regard to race, creed, color, national origin, ancestry, religion, pregnancy, age, medical condition, physical or mental disability, marital status, domestic partner status, sex, sexual orientation, gender, gender identity or expression, veteran or military status, genetic information, reproductive health decisions, or any other factor protected by applicable 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 accommodation to individuals with disabilities, as required by applicable law.
The salary offered will take into consideration an individual's experience level and qualifications. In addition to salary, Jefferies Financial Group is proud to offer a comprehensive benefits package to eligible, full-time employees or part-time employees, who are scheduled to work at least 30 hours or more per week, including an annual discretionary incentive and retention bonus, competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Jefferies also offers paid time off packages that include planned time off (e.g., vacation), unplanned time off (e.g., sick leave), and paid holidays, and for full-time employees, paid parental leave.