Securities Clearing - Credit Risk Consultant

CME Group; United States; Remote; USD 58,000 - 62,000; Full time

Job summary

CME Group is seeking a consultant for a fixed-term engagement to support risk evaluation and regulatory reporting from our Chicago office. The role emphasizes analytic rigor, familiarity with market risk concepts, and strong data skills across fixed income and repo markets.

The position requires daily presence in the Chicago office, with an hourly pay range discussed with a third-party vendor. The contract runs from 10/26/2026 to 4/30/2027 and aligns with CME Group’s risk management objectives.

Qualifications

• Experience in counterparty credit risk evaluation.
• Knowledge of Fixed Income, Cash Treasuries, and Repo Markets.
• Strong analytical, quantitative, and organizational skills.
• Excellent written and verbal communication skills.
• Ability to work independently as well as in a team setting.

Responsibilities

• Liaise with market risk, financial surveillance, and other departments to familiarize others with counterparty credit, liquidity, and collateral risk profiles
• Perform daily procedures to monitor risk to the clearinghouse, including credit and liquidity stress testing, and elevate findings as necessary
• Demonstrate a strong understanding of applicable regulations at both domestic and international level as well as have a firm grasp of applicable rules in the clearinghouse’s rule book
• Use technical skills, including knowledge of programming and financial mathematics, to maintain models
• Assist in preparing responses to ad hoc regulatory requests

Skills

Counterparty credit risk evaluation

Fixed Income knowledge

Cash Treasuries knowledge

Repo markets knowledge

Analytical skills

Financial analysis

Written and verbal communication

Teamwork capability

Tools

Bloomberg

MS SQL

Oracle

SQL

Excel

PowerPoint

Word

Job description

Key Responsibilities

• Liaise with market risk, financial surveillance, and other departments to familiarize others with counterparty credit, liquidity, and collateral risk profiles
• Perform daily procedures to monitor risk to the clearinghouse, including credit and liquidity stress testing, and elevate findings as necessary
• Demonstrate a strong understanding of applicable regulations at both domestic and international level as well as have a firm grasp of applicable rules in the clearinghouse’s rule book
• Use technical skills, including knowledge of programming and financial mathematics, to maintain models
• Assist in preparing responses to ad hoc regulatory requests

Skills and Software Requirements

• Direct experience in counterparty credit risk evaluation
• Knowledge of Fixed Income, Cash Treasuries, and Repo Markets
• Experienced in Excel, PowerPoint and Word
• Bloomberg
• Familiarity with relational databases (MS SQL, Oracle) and SQL
• Ability to manipulate large data sets
• Strong analytical, quantitative, and organizational skills
• Knowledge of financial analysis at an intermediate level
• Excellent written and verbal communication skills
• Capability to work independently as well as in a team setting

Work Schedule

This position requires a daily presence in our Chicago office, 5 days a week CME Group is seeking skilled and experienced Consultants for a fixed term of engagement from 10/26/2026 to 4/30/2027.

CME Group is committed to offering competitive compensation for our consultants that recognizes their contributions to the business. The hourly pay range for this role is expected to be $42-$45 per hour. The actual pay offered will be dependent on a wide array of factors including but not limited to: relevant experience, skills, education and comparison to internal consultants or employees (where relevant). Please note that while this opportunity is for a consultant role dedicated to CME, the consultant will be directly employed by a third party vendor, which would provide pay and benefits.

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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.

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