AVP - Product Controller Securitized Products

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.

Job Description – Assistant Vice President (AVP) – Product Control, Securitized Products

Business Coverage: Global Securitized Products / Fixed Income Businesses

We are seeking a highly motivated Assistant Vice President to join the Product Control team supporting the Global Securitized Products business. The role will be responsible for daily P&L production, balance sheet substantiation, valuation controls, inventory analysis, and financial reporting. The successful candidate will work closely with Front Office, Operations, Balance Sheet control, Valuation Control, Regulatory Reporting, Audit, Technology and other Finance stakeholders across multiple regions.

This is an excellent opportunity for a candidate looking to gain exposure to structured products, securitized assets, financial controls, and strategic automation initiatives within a global investment banking environment.

Key Responsibilities

Daily P&L and Financial Control

• Own and review and explain P&L movements, including flash versus formal P&L differences and lifecycle P&L events for securitized products businesses.
• Analyze and explain daily inventory changes, investigations, funding impacts, mark-to-market movements, and risk sensitivities.
• Deliver clear and concise P&L commentary to senior management and trading desks.
• Prepare and review valuation adjustments, reserves, and inventory-related adjustments.
• Ensure accurate month-end and quarter-end financial reporting and sign-off.

Balance Sheet and Inventory Control

• Perform daily and monthly balance sheet substantiation including other assets and other liabilities.
• Review inventory positions and investigate unexplained movements.
• Analyze inventory adjustments and valuation changes.
• Support Level 3 asset reporting and fair value disclosures.
• Ensure consistency between front-office systems, subledgers, and the general ledger.

Reconciliations and Reporting

• Ensure general Ledger substantiation for P&L and Balane sheet items.
• Ensure completeness and accuracy of financial reporting
• Prepare management dashboards and control reports.
• Support regulatory, audit, and governance reporting requirements.

Process Improvement and Automation

• Identify opportunities to improve efficiency and strengthen controls.
• Partner with Technology teams to enhance reporting infrastructure.
• Participate in UAT testing and implementation of system enhancements.
• Support automation initiatives utilizing reporting and finance platforms.

Stakeholder Management

• Liaise with Trading, Operations, Risk, Treasury, Accounting, FP&A, and Technology teams.
• Escalate control issues on a timely basis.

Required Qualifications

Education

• Bachelor's degree in finance / accounting, or a related discipline.
• CA / CPA / CFA / MBA preferred.

Experience

• 8–10 years of experience in Product Control, Financial Control, Valuation Control, Risk, Treasury, or Capital Markets Finance.
• Experience supporting Fixed Income, Structured Products, Credit Products, ABS, MBS, CLOs, Loans, or Securitized Products is preferred.
• Strong understanding of:
• P&L attribution
• Financial reporting
• Balance sheet controls
• Valuation concepts
• Reconciliations
• Accounting fundamentals

Technical Skills

• Advanced Microsoft Excel skills.
• Strong analytical and data-management capabilities.
• Experience with reporting, reconciliation, or finance platforms.
• Knowledge of SQL, Power BI, Alteryx, Python, or similar tools is an advantage.

Preferred Candidate Profile

• Product Control experience within an Investment Bank.
• Experience supporting Fixed Income or Securitized Products desks.
• Demonstrated experience driving process improvements.
• Comfortable interacting directly with Front Office trading personnel and senior Finance management.

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.