Transaction Reporting Consultant in London

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.

Department Overview:

The Operations Transaction Reporting Team is responsible for overseeing the daily Transaction Reporting processes, which include transaction reporting to the FCA (Mifid II), SFTR, EMIR and HKMA. The team works closely with the New Business team, Regulatory Technology, Regulatory Affairs and Compliance to ensure that any improvements to existing controls, or changes related to new regulatory reporting obligations are successfully implemented.

Job Description:

The role will require someone with both strong Transaction Reporting experience in an oversight BAU environment and someone who is comfortable with working directly with stakeholders across the firm, planning, undertaking analysis, documenting business requirements, coordinating and participating in testing. In the first instance, the candidate’s focus will be to assist with testing and analysis of the EMIR Refit implementation.

From a BAU perspective, the candidate will be expected to demonstrate experience of oversight and control of the daily reporting obligations, to identify control gaps and weaknesses in the current process by reviewing current reporting logic and data integrity testing. Additionally, to execute the test plans for system enhancements for MIFID II, SFTR, HKMA & EMIR.

The candidate will report into the Head of Transaction Reporting.

Key Responsibilities & Tasks:

• EMIR Refit
• Definition and execution of EMIR Refit UAT Testing
• Post go-live EMIR Refit issue resolution
• Assist with definition and set up of EMIR Refit reconciliations and control framework
• Definition and documentation of EMIR Operational processes

BAU:

• Oversight and control of the BAU Transaction Reporting obligations including Mifid II, SFTR, HKMA and EMIR
• Manage work-stream deliverables and support project leads
• Monitor progress against program plans and milestones, identify actual and potential delays, report status and work with key stakeholders to address and resolve risks/issues
• Ensure issues/concerns from regions are represented in global forums and adequate support is provided.
• Escalate all issues to the Head of Transaction Reporting and other stakeholders as appropriate.
• Build and maintain good relationships with the Front Office, Legal, Compliance, Regulatory Affairs and Operations stakeholders across the firm.
• Monitoring of regular Management Information to identify trends.
• Identify and deliver control and efficiency improvements.

Qualifications/ Experience:

• Minimum 5 years Transaction Reporting experience within Operations.
• An understanding of upcoming EMIR Refit Regulatory framework.
• Experience in UAT planning and delivery, sharing results and circulating regular status updates.
• Thorough Knowledge of Transaction Reporting requirements including MiFID II, EMIR, SFTR and HKMA
• Working knowledge of trade and lifecycle processing for in scope products, and associated controls. Experience of enhancing Transaction Reporting processes including reconciliation optimization
• Experience of UnaVista, DTCC, CMRS/Report Hub and Pirum/IHS Markit are advantages.
• A team player who is comfortable interacting with staff at all levels, including presenting to senior management up to MD level
• A self-starter, who can work both independently and as part of a team
• Excellent oral, written, interpersonal and presentation skills
• Able to prioritise work and meet deadlines
• Solid analytical and problem-solving skills and confident to challenge and propose new ideas
• Control minded and ability to escalate, where appropriate.

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 an equal employment opportunity employer. We practice equal opportunity for all, and 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 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 qualified disabilities, as appropriate, under applicable law.

All employees must follow Jefferies’ COVID-19 protocol policy, which is subject to change.