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Vice President Treasury

Vice President Treasury

JefferiesDelhi, India
22 hours ago
Job description

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.

Designation : VP - Treasury

The Treasury function at Jefferies is responsible for all aspects of capital, funding and liquidity for the Jefferies Group. There are well established Treasury teams in New York and London, Hong Kong and Frankfurt. Due to Jefferies’ continued business expansion in Asia, a need now arises to strengthen the Treasury presence in India. The role of the incoming VP will assist the Head of Asia Treasury in managing the cash and funding for Treasury activities in India.

Responsibilities : Day-to-Day

Responsible for the efficient funding of the Firm’s unsecured funding requirements for all Indian entities and currencies. Support Asia Treasury team for funding needs of other markets.

Monitor the Firm’s daily cash and security settlements activity at the various agent (banks, clearing venues) and ensure the accounts are funded on a timely basis to facilitate securities settlements

Ensure availability of intraday liquidity to enable timely settlement of securities transactions and time sensitive payments e.g. Margin calls

Make, authorise and release payments from various Treasury systems

Cash Management across various cash accounts for funding purposes

Provide bank account administration as business needs arise, including the opening, closing of accounts and periodic review of banking signatories and KYC documentations. Also act as system administrator for various banks portals.

Specific

Work with the Businesses on planned business expansion and new products in order to properly assess and plan appropriate funding structures and clearing / settlement needs

Work with Businesses, Operations and Finance on unsecured financing arrangements (e.g. one-off trading structures)

Work with Global Treasury and Asia Controllers / Operations to continuously improve funding efficiency and reduce funding costs

Analyze corporate funding costs and funding sources to support corporate funding initiatives

Participation in Bank Relations & Network Management projects including new business initiatives, credit marketing and analytical analysis

Assist in the procurement and monitoring of the firm’s various insurance policies, including Global Property, Workers’ Compensation, D&O, Crime / FI Bond, Professional Liability, Cybersecurity and other Commercial Coverages.

Updating and maintenance of India treasury policy

Working with Credit on setting up of new banking counter party in line with Firm policies.

Daily funds movement for liquidity and accounts payable cashflows.

Background :

Previous Treasury experience (7 – 10 years) - Preferably at a financial institution

Cash management and treasury operational experience preferred

Strong understanding of Stock broking regulations for maintenance of current and segregated accounts.

Quick Learner and Good Listener - Ability to consume and process a significant amount of information, assess the impact, then summarize and disseminate that information quickly and effectively to key internal stakeholders

Excellent interpersonal skills as the role requires interaction with all levels of the organization; both internally and externally

Excellent communication skills, both written and oral

Understand the key business drivers, operational risks and efficiency expectations of a broker dealer

Strategic thinker with excellent problem-solving and facilitation skills

Self-motivated with the ability to prioritize tasks and work to tight deadlines

Well organized, attention to detail

Strong audit and control mindset

Ability to effectively use Word, Excel, PowerPoint

Experience with online banking platforms.

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.

We have been made aware of bad actors falsely claiming to be associated with Jefferies Group soliciting individuals to attend virtual job interviews, complete online tests or courses and sending fictitious employment offer letters.

Please note that any email contact with Jefferies personnel will come from an “@jefferies.com” email address. Further, Jefferies will not notify shortlisted candidates through social media platforms (e.g. WhatsApp or Telegram) or ask candidates to make payment to participate in the hiring process.

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