European Head of Equities Market Risk Management, SVP

Based in London and working as part of a global team, this role will have responsibility for overseeing Structured and Flow Equity Derivatives activities in Europe, as well as Cash and Convertibles. In addition to managing equity‑linked market risks across EMEA and Asia in collaboration with the Asia Head of Risk, the individual will provide oversight of local JIL and JEG entities with respect to equities market risk. Leveraging our Risk Policies and overarching Risk Management Framework—and in alignment with the Board’s Risk Appetite Statements—the team works directly with the business and partners with second‑line functions. The role is directly responsible for sanctioning decisions on material trades, defining and refining risk methodologies, and identifying and assessing emerging risks.

Key Responsibilities

• Oversee and manage risk for relevant equity portfolios in accordance with JIL and Group risk policies and procedures.
• Liaise with key stakeholders, including senior management, audit teams, and regulators.
• Ensure market risks arising from equities portfolios are identified, understood, captured, reported, and escalated as required, and managed within risk appetite.
• Drive market risk projects to enhance frameworks and analytics.
• Monitor, review, and approve large, complex transactions under the pre‑trade approval framework.
• Ensure timely VaR sign‑off, accuracy of key risk metrics, and integrity of reporting dashboards and reports.
• Support the local CRO and Equities CRO as needed.
• Manage JIL’s equities market risk team across EMEA and Asia, providing effective second‑line review and challenge of equities trading activities.
• Serve as a member of the JIL Risk management team, working alongside direct reports of the JIL CRO to ensure holistic risk management of equities.
• Represent market risk in governance committees.
• Support regulatory deep dives and responses as required.

Experience, Skills, And Qualifications

• Degree‑level education in a quantitative or finance‑related discipline with strong analytical skills.
• 15+ years of relevant experience, including at least 5 years as a senior market risk manager within a financial institution.
• Deep understanding of equity products, particularly equity derivatives, equity‑linked derivatives, and swaps.
• Proven track record of working successfully with traders and analysts and communicating effectively with senior management.
• Strong understanding of quantitative and qualitative risks impacting derivatives and financing businesses, including cross‑market and counterparty risk.
• Knowledge of UK and European regulatory environments for large, complex financial institutions.
• Previous trading experience is desirable.
• Working knowledge of SQL, Python, VBA, or Power BI.

About Us

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.

Equal Employment Opportunity

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.

Seniority level: Executive

Employment type: Full-time

Job function: Finance and Sales

Industries: Investment Banking