Jefferies Looking for VP, Operations at Toronto, Ontario, Canada Full Time

Jefferies is growing its presence in Canada with an expansion of our Canadian broker dealer, as such, we we are seeking an individual with expertise in Canadian Operations. In this position, you will focus on the resolution of complex F2B issues as we build out new business capabilities, in addition to handling and/or supervision of complex day-to-day securities settlements transactions. Initially, the candidate will help build out operational flows, working closely with business, technology, legal/compliance, and operations stake holders. Responsibilities will then shift toward management and supervision of day to day operations including syndicate support, pre-matching, and fails management.

Responsibilities

• Establish relationships with our agent bank network, trading desk, and internal corporate partners as we expand our business
• Assist in developing trade flows to support on and off exchange activity, securities financing, banking transactions, and building out broader market support for local Canadian clients
• Develop reconciliations between Jefferies systems and CDS via our local clearing broker for street side activity
• You will handle complex internal and external client inquiries, and resolution of transactional issues pre and post trade in partnership with Middle and Front Office peers
• Responsible for settlement functions within the Canadian Market
• Escalate client issues and business risk on operational matters to management
• Ensure timely settlement and reporting of all trades, timely resolution of breaks, and escalation of issues as needed
• Work with Securities Finance team to facilitate borrow and financing needs
• Enhance KRI/KPI framework to ensure growth is monitored closely
• Analyze trade flows to detect operational and cost efficiency opportunities
• Join Canadian industry forums to bring awareness of changes to rules, regulations, etc
• Implement operational guidelines and policies to support staff and document new processes and procedures for training purposes
• Perform other responsibilities as needed across International Operations
• Available to work US holidays if Canada is open

Requirements/Skills/Expertise

• 5+ years of experience in settlements/operations required
• Experience with processing, matching, and settling trades in the Canadian market (CDS) required, CDS self clearing and DTC self clearing experience a plus
• Experience supporting dual listed securities across US/Canada required, supporting other international depositories a plus
• Experience working across middle and back office supporting international securities preferred
• Experience with Broadridge products preferred (GLOSS and BPS)
• Experience with local regulator (CIRO) and understanding of local rules/regulations a plus
• Experience supporting institutional client and firm trading trade flows a plus

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 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.

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