Internal Audit Manager - Vice President

Job Description

The Jefferies GmbH Internal Auditor role is based in Frankfurt, reporting locally to the Chief Financial Officer (‘CFO’) of Jefferies GmbH and functionally to a senior manager in the London Internal Audit team. The candidate will be registered with BaFin as the Internal Audit Officer for Jefferies GmbH.

The candidate will be required to be fluent in both German and English, speaking and writing.

The candidate will manage one Internal Audit employee in Germany, will work closely with Internal Audit colleagues in the UK and US, and will be supported by specialist audit consultants from an external firm, who will provide specialist subject matter expertise (‘SME’) co-sourcing knowledge and resources.

The role involves performing an annual (in addition to ongoing) risk assessment of the Jefferies GmbH entity and its functions, which results in a multi-year Audit Plan.

The role will involve performing and working with global colleagues and external consultants to perform, the planning, walkthrough (design and implementation), fieldwork, and reporting of all audits per the approved Audit Plan for Jefferies GmbH. All findings resulting from each audit will need to be risk categorized, discussed, and agreed with relevant management. Management’s corrective action plans will be reviewed and validated prior to closure.

Audit areas covered will include Front Office business areas (Fixed Income, Equities, and Investment Banking), Corporate support areas (i.e., Finance, Operations), Information Technology, Governance, Risk Management, Compliance, Regulatory Reporting.

Quarterly and annual Internal Audit reports, in accordance with MaRisk requirements, will be required to be prepared for presentation to the Jefferies GmbH Management and Supervisory Boards, summarizing audit activity, status of audit plan, status of corrective actions, and significant findings.

Prior experience of data analytics would be useful as we look to expand our use of data analytics across each audit.

A demonstrable understanding of risks and controls is essential. Experience working within Internal Audit in Financial Services is required.

Responsibilities include:

• Perform risk-based assessment for Jefferies GmbH auditable entities, which feeds into an annual Audit Plan for approval by the Management Board
• Define scope of audits based on risk-based assessment
• Perform and manage all stages of audits for Jefferies GmbH, with assistance of 1 direct report and co-sourcing specialists
• Understand key risks and controls in area being audited via discussions with management, walkthroughs, etc.
• Define, execute, and document test plan
• Work with stakeholders to agree findings, corrective actions, and due dates
• Write draft audit reports
• Perform continuous monitoring by holding regular meetings with local management
• Represent Internal Audit on local committees and governance forums
• Prepare quarterly and annual reports for Jefferies GmbH Management and Supervisory Boards.
  
  

Qualifications

Required Background & Skills:

• 5 or more years of Investment Banking relevant Internal Audit experience
• Self-motivated audit professional that effectively analyzes risk and proactively identifies issues
• Advanced degree and/or certification preferred
• Proven ability to build strong relationships with key stakeholders, desire to learn quickly, be flexible, and think strategically
• Enthusiastic, effective under pressure and accountable
• Strong analytical skills, particularly in regard to assessing the probability and impact of an internal control weakness
• Ability to work independently and in teams
• Excellent time management, problem solving, written and oral communication skills
• Understanding of Agile audit approach and use of data analytics in audits preferable
  
  

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.

All employees must follow Jefferies’ COVID-19 protocol policy , which is subject to change.