Mgr Pricing

CME Chicago Mercantile Exchange Inc.; Chicago (IL); On-site; USD 109,000 - 181,000; Full time

Job summary

CME Group in Chicago seeks a skilled Manager Pricing to lead quantitative analyses, support pricing actions, and drive growth initiatives across derivatives markets. You will mentor junior staff, collaborate with Product Management, Technology, Clearing, Legal, Market Regulation, and Finance, and develop tools to monitor revenue and market health.

The role emphasizes precise pricing models, data-driven decisions, and cross-functional coordination to advance CME Group’s revenue growth and market

Qualifications

• BA/BS or higher in a quantitative field such as economics, math, finance or statistics.
• High attention to detail when analyzing complex datasets and pricing models.
• Proven ability to build and interpret pricing models and conduct rigorous quantitative analyses.
• Experience with large datasets and database querying.
• Strong written and verbal communication for internal stakeholders.

Responsibilities

• Partner with business leaders to support pricing, development, and performance tracking of growth incentives.
• Design and execute analysis of market and client activity to diagnose issues and evaluate liquidity.
• Lead rollout of incentive and market-making programs aligned with market shifts and product strategies.
• Measure metrics to assess program performance and impact on market health.
• Mentor junior team members and drive pricing process improvements.
• Coordinate setup, approval, and reporting for multiple derivatives markets with stakeholders across functions.
• Develop analytical tools to evaluate revenue and market health and present actionable recommendations.
• Analyze market trends and regulatory and technology changes affecting CME Group markets.

Skills

Advanced quantitative and analytical

Python

R

SQL

Strong written and verbalcommunication

Attention to detail

Cross-functional collaboration

Mentoring/leadership

Education

Bachelor's degree or higher in Economics/Mathematics/Finance/Statistics or related field

Tools

Python

R

SQL

Job description

The Manager Pricing will support the development and execution of CME Group’s pricing strategy, with a focus on promoting derivatives market structure health and advancing key growth initiatives. In addition to guiding the development of junior team members, the Manager Pricing will be responsible for conducting quantitative analysis, identifying market structure trends, evaluating client behavior, and assessing potential pricing actions, incentives, and market‑making programs that drive CME Group’s revenue growth.

Principal Accountabilities

Partner with business leaders across derivatives markets and services to support the pricing, development, design, performance tracking, and management of growth incentives and market‑making programs. Design and execute detailed analysis of market and client activity to diagnose specific market issues, evaluate liquidity, and identify potential incentive programs to address business opportunities. Lead the rollout and administration of incentive and market‑making programs reflecting broad industry shifts, product strategies, and evolving customer needs. Measure and track key metrics to assess program performance, motivate participant behavior, and evaluate resulting impacts on overall market health. Execute with extreme attention to detail to ensure high accuracy across complex pricing models, operational program setups, and performance tracking dashboards. Mentor junior team members through proactively driving pricing process improvements, and prospective growth opportunities without waiting for explicit direction. Coordinate the operational approval, setup, and performance management reporting for multiple derivatives markets, collaborating with stakeholders across Product Management, Technology, Clearing, Legal, Market Regulation, and Finance. Build and maintain analytical tools to evaluate enterprise revenue and market health, synthesizing results into actionable recommendations for business leaders. Execute complex analysis on large datasets using statistical and mathematical techniques to monitor market trends, pricing strategies, and program efficiency. Track and summarize competitive industry developments, regulatory changes, technology shifts, and emerging execution models affecting CME Group markets.

Skills and Qualifications

• B.A., B.S., or higher, preferably in Economics, Mathematics, Finance, Statistics, or a related quantitative field.
• 6-8 years of work experience in pricing, financial analysis, derivatives, trading, or competitive market analysis.
• Proven track record of high attention to detail when analyzing complex datasets and building pricing models, combined with a strong history of initiative‑taking in problem‑solving.
• Advanced quantitative and analytical skills.
• Experience manipulating large datasets using statistical tools (e.g., Python, R) and database queries (SQL) is highly desirable.
• Strong written and verbal communication skills, with the ability to summarize complex pricing and market analysis clearly for internal stakeholders.
• Excellent interpersonal skills to manage and lead cross‑functional relationships across finance, technology, clearing, and legal teams.

CME Group is committed to offering a competitive total rewards package for our employees that recognizes their contributions to the business and reflects our long‑term investment in their future. The pay range for this role is $108,700-$181,100. Actual salary offered will be dependent on a wide array of factors including but not limited to: relevant experience, skills, education and comparison to internal employees (where relevant). Our compensation program also includes an annual target bonus opportunity for all employees, as well as the opportunity to become an owner in the company through our broad‑based equity program. Through our benefits program, we strive to offer flexibility, value and choice. From comprehensive health coverage, to a retirement package that includes both a 401(k) and an active pension plan, to highly competitive education reimbursement provisions, paid time off and a mental health benefit, CME Group offers a holistic benefits package for our team and their dependents.

CME Group: Where Futures are Made CME Group is the world’s leading derivatives marketplace. But who we are goes deeper than that. Here, you can impact markets worldwide. Transform industries. And build a career by shaping tomorrow. We invest in your success and you own it – all while working alongside a team of leading experts who inspire you in ways big and small. Problem solvers, difference makers, trailblazers. Those are our people. And we’re looking for more.

At CME Group, we embrace our employees' unique experiences and skills to ensure that everyone’s perspectives are acknowledged and valued. As an equal‑opportunity employer, we consider all potential employees without regard to any protected characteristic.

As the world’s leading derivatives marketplace, CME Group is where the world comes to manage risk. We enable clients to trade futures, options, cash and OTC markets, optimize portfolios, and analyze data – empowering market participants worldwide to efficiently manage risk and capture opportunities.

CME Group exchanges offer the widest range of global benchmark products across all major asset classes based on interest rates, equity indexes foreign exchange energy agricultural products and metals. We meet uncertainty and volatility with confidence and clarity, across the trading lifecycle and around the world.

Hear more about our employee experience Get a look inside CME Group and see what makes us tick A rewarding career is only the beginning

For U.S. employment, CME Group is legally required to validate a new hire’s employment eligibility by having them complete an Employment Eligibility Verification (Form I‑9) companied with legally acceptable proof of identity and work authorization (as listed on the Form I‑9). CME Group uses E‑Verify, which is an online system operated by the U.S. Department of Homeland Security in partnership with the Social Security Administration to verify employment eligibility and validate social security numbers. Through participation in the E‑Verify program, information entered on Form I‑9 will be provided and compared to information available at both of these agencies. See posters below for more details. E‑Verify Notice E‑Verify Notice Español U.S. Right to Work Notice U.S. Right to Work Notice Español