Post Trade Services & Risk Analyst

CME Chicago Mercantile Exchange Inc.; Chicago (IL); On-site; USD 70,000 - 117,000; Full time

Benefits offered by this job

Competitive salary

Comprehensive benefits

Career progression

Exposure to CME products

Job summary

CME Group's Clearing House is seeking a Post-Trade Services and Risk Analyst to support two new initiatives, monitor risk and systems for Event Contracts, and assist in launching US Treasury and Repo clearing services.

Responsibilities include strategic clearing system design, operational risk governance, stakeholder engagement, and ongoing risk mitigation across CME’s product offerings. Schedule: Wed-Sun, CST; salary range $70,000-$116,600 with comprehensive benefits.

Qualifications

• 1-2 years prior work experience with listed derivatives, Treasury Securities, Repo markets, or OTC products at a clearing house, FCM, or trading firm.
• Securities clearing and Operational Risk management experience preferred.
• Strong experience in Excel (or Google Sheets) including pivot tables, vlookups, and macros.
• Excellent written and verbal communication skills.

Responsibilities

• Provide support to clearing member firms, customers and business partners on CME Group’s product offering and clearing systems.
• Mitigate customer impactful events through escalation to management and troubleshoot with technology teams to deliver fixes in a timely manner within SLAs.
• Drive improvements in risk management practices and contribute to the Clearing House’s operational risk framework.
• Work globally with teammates on new initiatives and projects.

Skills

Finance/Economics degree

Analytical thinking

Communication skills

Excel

Education

MS/BS in Finance, Economics, or related field

Tools

Excel

Job description

The Clearing Post-Trade Services and Risk team operates within CME Group’s Clearing House and oversees daily trade processing for futures/options and over-the-counter (OTC) derivatives, ensuring the timely clearing of customer transactions and performing key risk management functions. The Clearing House guarantees its member firms meet their financial obligations for all open positions, as well as offering various clearing services to drive efficiencies for CME Group’s customers. The Post-Trade Services and Risk Analyst will be working on two new initiatives with CME Group. The analyst will be monitoring risk and systems for our new Event Contracts suite over the weekend and assisting in the launch of our new US Treasury and Repo clearing service during the week.

Responsibilities will include strategic planning and design of clearing systems, operational and risk management, development of operational risk governance documents, and engaging internal stakeholders and external market participants.

What you’ll get:

• A supportive environment that promotes career progression, learning and development and inclusion.
• Exposure to CME's vast number of products and asset classes.
• The opportunity to work with several functional groups across departments.
• Competitive salary & comprehensive benefits package.

What you’ll do:

• Provide support to clearing member firms, customers and business partners on CME Group’s product offering and clearing systems.
• Mitigate customer impactful events through escalation to management and troubleshoot with technology teams to deliver fixes in a timely manner within SLAs.
• Drive improvements in risk management practices and contribute to the Clearing House’s operational risk framework.
• Work globally with teammates on new initiatives and projects.

What you’ll need:

• MS/BS in Finance, Economics, or related field.
• 1-2 years prior work experience with listed derivatives, Treasury Securities, Repo markets, or OTC products at a clearing house, FCM, or trading firm.
• Securities clearing and Operational Risk management experience preferred.
• Strong experience in Excel (or Google Sheets) including pivot tables, vlookups, and macros.
• Excellent written and verbal communication skills.

Work Schedule: Wednesday - Sunday, 10am - 6pm CST.

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 $70,000-$116,600. 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.

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) accompanied 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.