AVP, Algo & E-Trading Risk Management (Data)

Jefferies; New York (NY); On-site; USD 150,000 - 175,000; Full time

Job summary

Jefferies is seeking an Assistant Vice President to oversee electronic and algorithmic trading risk in New York. The role involves providing second-line oversight, analyzing trading activities, and ensuring compliance with regulatory frameworks.

The ideal candidate will have more than 3 years of experience in electronic trading, strong analytical skills, and be proficient in SQL and Python. The position offers a salary range of $150,000 to $175,000.

Qualifications

• 3+ years of experience in electronic trading, algorithmic trading, or related fields.
• Strong understanding of the order lifecycle and trading technology.
• Familiarity with FIX protocol and U.S. trading regulations.

Responsibilities

• Provide oversight of electronic trading activities across asset classes.
• Conduct assessments of algorithm behavior and identify potential risks.
• Support governance framework for trading risk.

Skills

Electronic trading experience

Algorithmic trading knowledge

SQL proficiency

Python proficiency

Analytical skills

Job description

We are seeking an Assistant Vice President (AVP) to support the Global Head of Algorithmic & Electronic Trading Risk Management. This role sits in the second line of defense and provides oversight of algorithmic and electronic trading activities across Equities, Fixed Income, and FX. The ideal candidate has 3+ years of experience in electronic/algorithmic trading, market microstructure, or trading‑technology controls, and is comfortable working with trading data, logs, and technical stakeholders.

Key Responsibilities

Electronic Trading Risk Oversight

• Provide daily second‑line oversight of algorithmic and electronic trading activity across asset classes.
• Perform initial analysis of limit breaches, control rejections, exceptions, and connectivity events.
• Conduct assessments of algorithm behavior and order flow to identify potential risks, anomalies, or control gaps.

Governance & Controls

• Assist in maintaining and enhancing the global governance framework for electronic and algorithmic trading risk.
• Prepare content and materials for governance and oversight committees.
• Support periodic reviews of controls against applicable regulatory frameworks, including SEC Rule 15c3‑5 and Reg SCI.

Testing & Change Management

• Participate in testing for algorithm releases and control changes, partnering with technology and trading stakeholders as needed.
• Review change logs, test plans, and testing documentation to ensure completeness and control alignment.
• Support risk and control self‑assessments (RCSA), scenario analysis, and event quality assurance (QA).
• Track and support remediation efforts for audit, regulatory, or internal risk findings, including documentation and evidence collection.

Qualifications & Requirements

• Minimum 3 years of relevant experience in electronic trading, algorithmic trading, trading technology, or eTrading risk/controls.
• Working knowledge of the order lifecycle (from order creation through routing/execution), routing logic, algorithm components, and market microstructure.
• Familiarity with FIX protocol concepts, trading logs, and connectivity behavior/events.
• Foundational understanding of U.S. electronic trading regulation (including SEC Rule 15c3‑5 and Reg SCI).
• Strong analytical skills; detail‑oriented, proactive, and able to operate effectively in a fast‑paced environment.
• Strong working knowledge of SQL and Python.

Preferred (Optional)

• Experience supporting oversight across multiple asset classes (Equities, Fixed Income, FX).
• Prior exposure to governance committee processes and regulatory/audit remediation tracking.

Primary Location Full Time Salary Range of $150,000 - $175,000.