Job Description
The Risk Manager is responsible for the day-to-day oversight of the business, ensuring the strategic objectives of the Wealth Management Department are being met, risks are adequately mitigated, and the general supervisory needs are being efficiently monitored. This includes providing direction to the advisors and support staff with the goal of mitigating regulatory, market, legal, and reputational risk, while at the same time aligning with the strategic profit and growth plan of the business. The risk manager closely collaborates with compliance and legal partners to effectuate sound decisions. This role requires detail orientation, advanced interpersonal skills (especially lateral leadership) in addition to sound decision making. While organization and planning are critical, this role inevitably requires high flexibility to handle unforeseen obstacles and opportunities.
DUTIES and RESPONSIBILITIES:
- Review and action exception reports and daily trade blotter.
- Review and approval of new accounts.
- Review and approval of money/security movements.
- General Suitability and Regulation Best Interest oversight.
- Supervision of Fixed Income Trading.
- Review and action Actimize Daily, Monthly, Quarterly alerts.
- Conduct active account reviews, may require client contacts.
- Participation in ad hoc projects.
- Supervision of managed accounts including APM discretionary program.
- Working with Advisor teams to solve problems as they arise.
- Provide regulatory guidance to the field as needed.
- Supervision of Complex Products/Structured Notes, Alternative Investments etc.
- Engage in Regulatory Inquires and Audits.
- Market Access Controls
- Internal/Public Communication supervision (including supervision of approved Social Media platforms).
- Marketing Review and Investment proposal review.
Qualifications
- 5+ years of work experience in financial services (wealth or investment management is a plus) focused on risk mitigation and supervisory support.
- BA/BS, preferably in Finance, Economics or Business
- Active Series 7, 8 or 9/10 or 24, 63/65 or 66 and willingness to obtain additional licenses as required.
- Sophisticated analytical, and lateral influence skills
- Ability to prioritize projects and assignments individually and with others, and adjust quickly based on opportunities.
- Ability to effectively communicate with advisors and support staff.
- Bilingual in Spanish and/or Portuguese a plus
Primary Location Full Time Salary Range of $150,000 - $175,000.
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.
