Head of Regulatory Reporting
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Job Description
Job Description
The Head of Regulatory Reporting, VP at Jefferies International in London will be responsible for overseeing and managing all regulatory reporting functions. This senior role requires a deep understanding of regulatory requirements, strong analytical skills, and the ability to lead a team to ensure compliance with all applicable regulations. The successful candidate will work closely with various departments, including other controllers' functions, operations, risk, and business areas, to ensure timely and accurate reporting and support to the business.
Key Responsibilities & Tasks
- Lead and manage the regulatory reporting team, providing direction, support, and development opportunities.
- Ensure timely and accurate reporting to the relevant competent authorities (mainly the FCA and Bafin/Bundesbank). This includes MIFID PRU/IFR reporting for all European entities.
- Ensure timely and accurate reporting of the key regulatory metrics (capital, liquidity, concentration) both as part of internal monitoring and dashboards.
- Support the ongoing development of systems and processes to meet department needs for both new business and regulatory changes coming externally and internally. Includes support for testing regulatory reporting systems prior to implementation.
- Work closely with the business areas and risk on capital planning exercises, internal assessment of risk and allocation of capital by business.
- Work with the risk team around optimisation of existing regulatory treatment to support the firm's current and new business development.
- Maintain key relationship with FCA and be gatekeeper on all escalations around reporting of breaches including those flagged by the regulatory reporting group.
- Maintain key relationships with relevant industry associations (e.g. AFME) to ensure Jefferies views are considered in any relevant matters.
- Produce Pillar 3 disclosure, working with reporting and risk team to source the various inputs into the document.
- Work closely with risk on the development of the Internal Capital and Risk Assessment Process (ICARA - Pillar 2), including the solvent wind-down plan and business stress scenarios.
Qualifications/ Experience
- Bachelor's degree in Finance, Accounting, Economics, or a related field; advanced degree or professional certification (e.g., CPA, CFA) preferred.
- Extensive experience in regulatory reporting within an investment banking environment.
- In-depth knowledge of UK and EU regulatory requirements, including MIFIDPRU and IFR.
- Proven leadership and team management skills.
- Strong analytical and problem-solving abilities.
- Excellent communication and interpersonal skills.
- Ability to work under pressure and meet tight deadlines.
- Proficiency in regulatory reporting software and tools.
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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.