Equity Swaps/Derivatives Middle Office London, England
Job 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.
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/ 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.
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
