Cash Equity Settlements Associate

Jefferies, the global investment banking firm, has served companies and investors for over 50 years. Headquartered in New York with its European head office in London and staff in over 30 global cities, the firm provides clients with capital markets and financial advisory services, institutional brokerage and securities research, and wealth and asset management.

Job Description:

• UK and International Equity settlement coverage
• Unmatched processing/Pre-matching prior to settlement date
• Same Day and Post Settlement date fails management
• Working with Middle Office to resolve booking issues and amendments
• Cash and Stock reconciliation investigation and reporting to Control and Regulatory Reporting departments
• Understanding and experience of Client Money rules and regulation
• Experience of the Security Finance business in relation to collateral types and processes
• Working closely with internal departments to improve our efficiency within operations
• Knowledge of International and Asian buy-in rules and deadlines including market penalties
• Good understanding of the T2S and the Platform
• Settlement Exceptions processing via internal settlement system
• Close working with NY Settlements and Middle Office Teams on inter entity Settlement business
• Process pair off and partial pair off opportunities daily
• MIS Collation, looking at cancellation volumes and root causes

Requirements:

• Excellent understanding of Cash Equity Settlement across all international markets
• Working knowledge of Swift, Citidirect, CREST, EasyWay, Gloss, ALERT, Global One system would be preferential
• Good knowledge of the trade and transaction lifecycle and all associated risk and controls
• Excellent communicator with strong interpersonal skills and able to develop good networks across regional and global stakeholders
• Able to demonstrate a good working knowledge of ICSD settlement mechanics
• Ability to manage high volumes with multiple settlement and payment deadlines
• Excellent communication skills both written and oral

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 supporting a workforce that is reflective of the communities where we work and live.

Jefferies is an equal employment opportunity workplace. We practice equal opportunity for all, regardless of race, religion, ancestry, colour, gender, pregnancy, age, physical or mental disability, national origin, marital, family and social status, sexual orientation, gender identity or expression, genetic information, reproductive health decisions, trade union membership 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 or adjustments to individuals with qualified disabilities, as appropriate, under applicable law.

It is currently Jefferies’ policy that in order to enter any Jefferies office or participate in any Jefferies or client event in person, all employees be fully vaccinated and with a booster against COVID-19, or if they are not fully vaccinated with a booster, then on the morning of each day, all employees must test negative for COVID-19. Your acceptance of an offer means that you will comply with this policy and any amendments. You will be advised by your manager of your anticipated schedule to be in the office.