Operations Control Analyst

The International Operations Control (IOC) team is part of the International Operations team and performs critical functions for the management of Operational Risk. IOC is responsible for the implementation and adherence to International Operation’s Internal Control Framework which includes the production and oversight of key internal controls. The controls IOC produces and oversees cover all products traded by the Jefferies group on the international markets across the full product life cycle. The team works closely with multiple internal divisions and departments, as well as externally to support audit and compliance requirements. IOC is committed to a program of continually improving our internal control processes to reduce Jefferies’ Operational Risk profile.

Role

The role will be working within the IOC team performing reconciliations, reporting and oversight of the controls for the Operations department. The role will also include supporting the design, development, testing and enhancement of new and existing controls.

Key Responsibilities

The key responsibilities are:

• The production of key controls for the International Operations team. The controls produced are primarily reconciliation based using vendor and internally built tools.
• Oversight of controls produced by the offshore team.
• Ownership of the controls produced to ensure the timely and accurate resolution of outstanding items by working with the relevant teams within Jefferies.
• Identification and escalation of risk items to the appropriate management level.
• Ensure compliance with Internal policies and procedures
• Production of accurate reporting that clearly articulates what the risk item is and the actions being taken to resolve the issue.
Trend analysis of exceptions to identify recurring issues and to put forward solutions for their remediation and producing meaningful and accurate MI to support process improvement.

Key Skills

The following skills and experience are required for this role:

• Ability to demonstrate an understanding of a risk based approach to Internal Control
• Understanding of the three lines of defence approach to Operational Risk Management and the responsibilities of the first line of defence
• Analytical and logical mind-set with a proven ability to proactively challenge exceptions, explanations, processes and procedures
• Takes responsibility and ownership of tasks assigned
• Excellent communication skills (both verbal and written), with the confidence and capability to influence and challenge people across the organisation
• Excellent IT skills, with the ability to quickly learn and understand new systems and flows
• Experience working with and analysing large data sets
• Experience using Microsoft Excel in a fast paced environment is essential
• Experience with Frontier, IntelliMatch or a similar reconciliation platform is desirable
• Ability to build strong working relationships and credibility with all levels of the business
• Strong attention to detail, accuracy, and timeliness
• Experience in a control environment preferable