SVP, Fixed Income Compliance Advisory - Credit

Job Title:  Fixed Income Compliance Officer

Level:  Senior Vice President

Reporting to:  US Head of Fixed Income Compliance 

Job Description: 

The Fixed Income Compliance Officer serves as key function/business/product compliance advisor within the Fixed Income Compliance Advisory Group with primary coverage of Credit products and US Rates.

Responsibilities:

This position is based in New York City in the Fixed Income Compliance Advisory Group and will be primarily responsible for the following:

• Offer regulatory and compliance guidance to business partners on intricate sales and trading matters, particularly those related to credit products such as Investment Grade, High Yield, and Emerging Markets.
• Serve as a subject matter expert on products, regulatory reporting, and broker-dealer operations by maintaining proficient knowledge of applicable functions, securities laws, and regulatory rules.
• Working with business partners (i.e., Surveillance, IT, Operations etc.) to develop and enhance systems, tools, reports, and processes to monitor business activities, identify regulatory risk.
• Recognizes and addresses regulatory risks by evaluating current procedures, conducting gap analyses, and ensuring compliance with up-to-date regulatory requirements.
• Monitoring the business’ activities and timely escalating any issues that put the firm at risk.
• Design and present training material regarding new rules, rule changes, regulatory initiatives, and firm policies.
• Developing and revising policies and procedures to stay aligned with evolving regulations, rule amendments and firm policies.
• Actively participate on internal governance committees and industry committees and working groups.
• Responding to examination requests, regulatory inquiries, and audit requests in addition to developing remediation plans for any identified exceptions.
• Lead and participate on special projects.

 

Required Background/ Desired Experience & Skills:

• Bachelor’s degree
• 7-10 years of compliance experience in a trading advisory capacity 
• Extensive knowledge of the fixed income products and markets. 
• Experience engaging with regulatory authorities
• In depth understanding of cross-border issues
• Working knowledge of Bloomberg
• Knowledge of FINRA, SEC, and other regulatory rules and regulations
• Fluent in Excel, Word, and PowerPoint

 

Primary Location Full Time Salary Range of $175,000 - $250,000

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 committed to creating and sustaining a diverse workforce and encourages applicants from all backgrounds to apply. This in