Job Description
Assistant Vice President, Post-Trade Expense Efficiency Analyst
Overview:
Jefferies is seeking to recruit a Post-Trade (Transaction Cost) Expense Analyst to support initiatives to optimize Jefferies Post-Trade expenses
Position Holder will be familiar with Trade Life Cycle for capital markets products (Equity, Fixed Income), as well as Market Infrastructure participants across regions (Brokers, Clearing houses, exchanges, Settlement agents and Central Securities Depositories amongst others)
Successful candidates will provide actionable expense insights to drive business decision making for cost reductions. Furthermore, successful candidate will liaise with a spectrum of stakeholders across Business Unit owners, Operations and Controller divisions
Responsibilities:
- Engage cross-divisional relationship managers across Treasury, Operations and Front-Office (Client Connectivity) to identify opportunities for cost savings book of work.
- Develop Unit Cost expense insights for post-trade ancillary expenses
- This includes cost drivers for Trade reporting fees, Client connectivity, Capital markets settlement fees with CSDs, Agent banks,
- Highlight exceptions and outliers vs standard cost drivers
- Service Comparison across Post-Trade vendors
- Standardize services procured across vendors (invoice label grouping)
- Continuously highlight duplicate services procured (by business, desk)
Qualifications:
- Bachelor’s degree or equivalent in a numerate or business-related discipline
- Strong working experience (5 years+) involving data analysis, reconciliation of large datasets and interpreting data
- Strong knowledge of Microsoft products (Excel, Word, PowerPoint, Access).
- Knowledge of Trade-Life-Cycle for financial products, as well as, key market infrastructure participants across regions
- Familiarity with Capital Markets instruments across Equities and Fixed Income (Stock, Options, Bonds, Futures, Swaps)
- Issue Management – Articulation of issues and discrepancies in detailed manner, capturing target fix dates and resolution comments from internal and external parties.
- Ability to drive the project Initiatives on your own. Plan and execute activities based on project milestones and independently manage communications
Primary Location Full Time Salary Range of $110,000 - $140,000
The salary offered will take into consideration an individual’s experience level and qualifications. In addition to salary, Jefferies offers, for eligible employees, 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 (vacation), unplanned time off (sick leave), and paid holidays and paid parental leave.
About Us
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.
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 committed to creating and sustaining a diverse workforce and encourages applicants from all backgrounds to apply. This includes applicants from historically underrepresented groups, including women, racial and ethnic minorities, members of the LGBTQ+ community, military veterans, and individuals with disabilities or who are neurodiverse.
Jefferies is an equal employment opportunity employer, and takes affirmative action to ensure that all qualified applicants will receive consideration for employment without regard to race, creed, color, national origin, ancestry, religion, gender, pregnancy, age, physical or mental disability, marital status, sexual orientation, 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 accommodations to individuals with disabilities, as required by applicable law.
