Sr Dir 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

## Sr Dir Clearing Policy & Market StructureApply: Chicago - 20 S. Wacker: New York - 300 Vesey Street: Full time: Posted Today: 34938As the Senior Director of Clearing Policy & Market Structure, you will act as a strategic architect of global clearing policy and market structure with an emphasis on the impacts of bank capital requirements. This highly visible role requires you to influence central clearing structures for securities and derivatives both in the United States and globally, ensuring that our clearing services and market participants are optimally positioned amidst evolving bank capital standards and accounting treatments. You will drive enterprise-wide advocacy and serve as a premier thought leader on clearing market structure, representing CME Group’s interests to prudential policymakers and market participants.**What You’ll Get*** A supportive environment fostering career progression, continuous learning, and an inclusive culture.* Broad exposure to CME's diverse products, asset classes, and cross-functional teams.* A competitive salary and comprehensive benefits package. Explore our full range of benefits**What You’ll Do*** **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, its clearing members, and clients.* **Educate** internal and external stakeholders, including prudential policymakers, on the intricacies of centrally cleared market structures for securities and derivatives and related impacts of the developments in bank capital requirements.* **Champion** thought leadership in enhancing our clearing services to align with derivatives and securities market structures, considering core clearing, accounting treatment, and bank capital policy challenges.* **Represent** CME Group’s interests on external panels and roundtables.* **Manage** the clearing house’s foreign and domestic regulatory reporting obligations, collaborating closely with data owners and compliance to ensure stringent accuracy and quality.* **Advise** and mentor clearing house team members on clearing policy and market structure, particularly bank capital requirements, to ensure seamless cross-functional coordination.* **Lead** enterprise-wide projects focused on implementing innovative, capital-saving solutions for CME Group’s clients.**What You’ll Bring*** **Possess** a Bachelor’s degree in Economics, Finance, Public Policy, Legal Studies, or equivalent practical experience.* **Demonstrate** 10–12+ years of progressive leadership within a bank / tier-one clearing member, financial market infrastructure, central counterparty, or regulatory body market structure and capital policy teams.* **Apply** comprehensive mastery of SEC and CFTC regulations, particularly clearing agency rules under SEC Rule 17ad-22 and clearing organization regulations under CFTC Part 39 Regulations.* **Exhibit** executive-level oral and written communication, highly-detailed oriented nature, cross-functional orchestration, and technical reporting presentation skills.* **Leverage** deep applied knowledge of bank capital requirements and accounting treatments impacting centrally cleared derivatives and securities markets.#LI-JK1CME 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 ranges for this role based on location are: Chicago: $195,400-$325,600 New York/New Jersey: $195,400-$325,600. 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.