Senior Director, Global Clearing Policy & Market Structure

CME Group Inc.; Chicago, New York (IL, NY); On-site; USD 195,000 - 326,000; Full time

Benefits offered by this job

Health coverage

401(k) and pension plan

Education reimbursement

Paid time off

Mental health benefit

Job summary

CME Group Inc. in Chicago and New York seeks a Senior Director of Clearing Policy & Market Structure to shape global clearing policy and market structure with an emphasis on bank capital requirements and accounting treatments.

You will influence central clearing for securities and derivatives, educate prudential policymakers and market participants, and lead initiatives to implement capital-saving solutions while ensuring regulatory reporting quality.

Qualifications

• 10–12+ years of progressive leadership within a bank / tier-one clearing member, financial market infrastructure, central counterparty, or regulatory body.
• Mastery of SEC and CFTC regulations, particularly clearing agency rules under SEC Rule 17ad-22 and CFTC Part 39 Regulations.
• Executive-level oral and written communication, highly-detailed oriented nature, cross-functional orchestration, and technical reporting skills.
• Deep applied knowledge of bank capital requirements and accounting treatments impacting centrally cleared derivatives and securities markets.

Responsibilities

• Influence clearing policy and market structures globally and domestically for centrally cleared securities and derivatives.
• Evaluate the potential impact of clearing structure proposals and bank capital standards on CME Group’s clearing services, members, and clients.
• Educate internal and external stakeholders, including prudential policymakers, on clearing market structures and related capital developments.
• Champion thought leadership to align clearing services with derivatives and securities market structures and capital policy challenges.
• Represent CME Group’s interests on external panels and roundtables.
• Manage the clearing house’s regulatory reporting obligations with data owners and compliance for accuracy and quality.
• Advise and mentor clearing team members on clearing policy and bank capital requirements to ensure cross-functional coordination.
• Lead enterprise-wide projects focused on implementing capital-saving solutions for CME Group’s clients.

Skills

Executive communication

Cross-functional collaboration

Technical reporting

Attention to detail

Strategic leadership

Education

Bachelor’s degree in Economics, Finance, Public Policy, Legal Studies, or equivalent

Job description

CME Group Inc. in Chicago and New York seeks a Senior Director of Clearing Policy & Market Structure to shape global clearing policy and market structure with an emphasis on bank capital requirements and accounting treatments.

You will influence central clearing for securities and derivatives, educate prudential policymakers and market participants, and lead initiatives to implement capital-saving solutions while ensuring regulatory reporting quality.