Job Description

Company

Jefferies Group LLC, the largest independent, global, full-service investment banking firm headquartered in the U.S. focused on serving clients for 60 years, is a leader in providing insight, expertise and execution to investors, companies and governments. 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. Jefferies Group LLC is a wholly-owned subsidiary of Jefferies Financial Group Inc. (NYSE: JEF), a diversified financial services company. Jefferies GmbH is located in Frankfurt am Main (Germany) which is the hub for the EU-27 countries and holds branches in eight European countries.

About the job

A senior role at the heart of Jefferies GmbH’s second line of defence. As deputy MLRO, you will oversee the AML, CTF, and financial crime framework, advise senior leadership, and supervise one direct FTE as part of the Financial Crime Compliance team. You will directly report into the Head of Compliance and MLRO of Jefferies GmbH.

Key responsibilities

• Lead the 2nd line Financial Crime team, setting strategy and priorities across AML, CTF, sanctions, and financial crime risk across Jefferies GmbH locations (Frankfurt head office and eight branches).
• Shape and maintain a robust AML/CTF framework aligned to Jefferies GmbH’s risk appetite and regulatory expectations.
• Provide expert advice and challenge to client onboarding, the business and senior management on emerging financial crime risks and control effectiveness.
• Oversee AML/CTF policies, procedures, transaction monitoring, and risk reporting (including annual MLRO report) to Committees and Management Board.
• Coordinate the annual AML/CTF risk assessment with external service provider.
• Reviewing high-risk client relationships, CDD waivers, and SARs.
• Assist the MLRO in liaising with BaFin, Bundesbank, and other regulators in AML/CTF matters.
• Coordinating reviews, audits (internal and external), and inspections.
• Drive AML/CTF training, foster a strong compliance culture, and act as primary internal contact for financial crime matters.
• Be the dedicated service receiver for outsourced activities within the Financial Crime Compliance team, track KPIs and liaise with other group entities.
• Execute AML/CTF controls and initiatives under the Jefferies GmbH Compliance Plan.

What do we expect from you?

• Extensive financial crime compliance experience, with at least 7 years in a senior AML/CTF role in German investment banking.
• Deep practical knowledge of German and EU regulatory framework.
• Strong experience managing AML/CTF frameworks, transaction monitoring, SAR governance, and regulatory engagement.
• Can-do attitude with excellent judgement and confidence to make and defend risk-based decisions.
• Highly analytical, able to assess complex financial crime structures, situations and typologies effectively.
• Strong communication and influencing skills with regulators and senior management.
• High personal integrity, resilience, and commitment to regulatory standards and ethical conduct.

#LI-JD1

Jefferies is a leading global, full-service investment banking and capital markets firm that provides advisory, sales and trading, research, and wealth and asset management services. With more than 40 offices around the world, we offer insights and expertise to investors, companies, and governments.

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.