Associate, Repo Middle Office

Job Title

JOB DESCRIPTION

Associate, Repo Middle Office

Position Description

The Analyst in Repo Middle Office would be primarily responsible for:

• Assisting Repo traders by liaising with Back Office teams to ensure proper trade flow, risk mitigation, settlement, and data management

Additional Responsibilities Include

• Researching and reconciling breaks between Anvil, the Repo Front Office system, and Impact, the Fixed Income Back Office system.
• Communicating with clients to resolve issues stemming from trade execution, trade bookings, FICC netting, settlements, or corporate actions
• Architecting and managing trade flows from Anvil to respective systems/depots for settlement via Impact
• Assisting in the realignment of securities between depots as necessary
• Working with various FED/DTC/Euroclear teams and the Repo desk to ensure the successful settlement of Repo transactions
• Working with Repo/Securities Finance teams to ensure settlement
• Creating and repairing processes to lower operational risk to the firm

Desirable Qualifications

• Strong knowledge of all Fixed Income clearance/settlement concepts and experience with settling trades and managing NFE/DOD at the Fed
• 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
• Proven track record of managing Front Office to Back Office trade flow projects
• Strong knowledge of Broadridge GPS products (BPS, CAGE/Global Framework, and Impact)
• Strong knowledge of ION products (Anvil)
• Strong knowledge of FIS Products (SmartLoan, Loanet, Global 1)
• Strong attention to detail
• Strong written and verbal communication skills
• Strong Excel skills (Pivot Tables, VLOOKUP, etc)
• Proven self-starter with ability to think quickly under pressure

Primary Location: Jersey City, NJ Full Time Salary Range of $80,000-$100,000.

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.