Regulatory & Operations Control - Contractor

Company

Jefferies Group LLC is the largest independent, global, full‑service investment banking firm headquartered in the U.S. Focused on serving clients for nearly 60 years, Jefferies is a leader in providing insight, expertise and execution to investors, companies and governments. Our firm provides a full range of investment banking, advisory, sales and trading, research and Wealth Management services across all products in the Americas, Europe and Asia. Jefferies Group LLC is a wholly owned subsidiary of Jefferies Financial Group Inc. (NYSE: JEF), a diversified financial services company.

Team

The JEG Operations and Regulatory Control function forms a crucial part of the Jefferies control infrastructure and is responsible for overseeing Operations regulatory functions, which includes Transaction Reporting to BaFin and ESMA, local German reporting obligations including AWV and MCC, Outsourcing of Operations functions to Jefferies International Limited via agreed SLAs/KPIs, as well as overseeing External and Internal Audits on behalf of Operations.

Role

The individual will report to the Head of Regulatory and Operations Control in Frankfurt, and will work closely with London Operations, Internal Audit, Compliance, Technology, and other teams to ensure compliance with rules and that any improvements to existing controls, or changes related to regulatory functions are successfully implemented.

Key Responsibilities

1. The key responsibilities are to assist and oversee for the below BAU activities:

• Accountable to the Head of JEG Regulatory and Operations Control
• Provide assistance where required to the Head of JEG Regulatory and Operations Control for Transaction Reporting, Foreign Trade Reporting (AWV) to the Bundesbank, as well as oversight for the Market Conformity Check (MCC), which is required under MaRisk.
• Assist with Outsourcing Governance arrangements to ensure all services are formally monitored and performance / KPIs documented appropriately. Coordinating monthly / quarterly attestations and review meetings and documenting evidence of meetings with all JIL and LLC functions. This will ensure documentation and evidence is available to BaFIN upon request.
• Assist with analysis of Transaction Reporting issues, including database queries to assist the oversight team to be able to deal with any anomalies quickly. Daily Transaction Reporting includes MiFID II, EMIR, HKMA, SFTR, SIX and venue reporting where Jefferies International Limited executes on European venues (3rd Country).
• Liaise directly with internal and external stakeholders and coordinate responses and documentation for auditors and regulators on all audits, reviews and information requests.
• New Business: Assist with collating evidence and database querying for all UAT performed by Operations.
• Administration / Coordination of mail / confirmations, invoices and ensure these are routed to the correct team.
• Monitor progress of ongoing projects, identify actual and potential delays, report status and work with key stakeholders to address and resolve risks/issues.
• Point of escalation for all issues under responsibility. Further escalation of issues to the Head of Regulatory and Operations Control.
• Monitoring regular Management Information to identify trends.
• Identify and deliver control and efficiency improvements where possible.

Person Specification

The following skills and experience are required for this role:

• Regulatory Reporting specialist with proven track‑record in establishing a strong regulatory control and governance framework.
• Control‑minded and ability to escalate, where appropriate.
• Strong attention to detail & product knowledge.
• Previous experience of liaising with internal/external auditors and regulators
• Experience defining & documenting test results.
• Knowledge of Axiom, UnaVista & DTCC are advantages but not essential.
• Solid analytical and problem‑solving skills and confident to challenge and propose new ideas
• Strong Excel, Visio, Word and PowerPoint skills
• Degree educated.