Trade Practice Investigator

CME Group; Chicago (IL); On-site; USD 64,000 - 106,000; Full time

Job summary

The CME Group seeks a detail-oriented Trade Practice Investigator to perform timely program reviews for potential rule violations and to conduct comprehensive investigations. You will assess complaints, research evidence, and take statements from subjects and witnesses, communicating outcomes to management.

Qualifications include a bachelor’s degree, 1–3 years in exchanges or regulatory settings, and strong analytical and communication skills. Proficiency in MS Word/Excel; Python or R is a plus.

Qualifications

• Bachelor’s degree from a four-year, accredited institution.
• 1–3 years direct work experience at an exchange, regulatory organization, or Futures Commission Merchant preferred; open to recent graduates with relevant skills.
• Experience working with large data sets.
• Strong to exceptional analytical, quantitative, and critical thinking skills.
• Strong oral and written communication skills.
• Strong organizational, time management, and problem-solving skills.
• Ability to work independently in a fast-paced environment.
• Intermediate to Advanced MS Word and MS Excel; Python, R, and/or Data Visualization a plus.

Responsibilities

• Perform timely program reviews to detect potential trade practice rule violations.
• Evaluate complaints from market participants and conduct independent research.
• Conduct comprehensive investigations into potential violations identified through reviews.
• Take recorded statements from subjects and witnesses.
• Communicate results and recommend disposition to Investigations management.
• Produce concise, well-grounded reports for Investigations management and counsel.

Skills

Analytical thinking

Strong communication

Experience with large data sets

Independent work

Python

R

Data Visualization

Education

Bachelor’s degree

Advanced degree preferred

Tools

MS Word

MS Excel

Python

R

Tableau / Data Visualization

Job description

What You Get:

• Exposure to a superior array of products and a best-in-class regulatory department.
• A corporate culture that promotes professional development and career advancement.
• The ability to impact the markets directly by keeping them open, fair, and transparent.
• The opportunity to collaborate within functional areas and across departments.
• Competitive salary and comprehensive benefits package.

What You Do:

• Perform timely program reviews to detect potential trade practice rule violations, such as spoofing and other types of disruptive trading activity, washing and other types of prohibited prearranged trading activity, acting on non-public order information and/or violating the priority of customer orders, and failing to comply with reporting and/or recordkeeping requirements.
• Evaluate complaints from market participants and conduct independent research, both ad hoc and structured, for evidence of potential rule violations.
• Conduct comprehensive investigations (i.e., cases) into the potential trade practice rule violations identified through program, complaint, and research reviews.
• Take recorded statements from the subjects of and witnesses for the investigations.
• Communicate the results of analyses and recommend the appropriate disposition to Investigations management.
• Produce concise, but thoroughly grounded, argumentative reports for a select audience, including Investigations management and Enforcement counsel as appropriate.

What You Need:

• A bachelor’s degree from a four-year, accredited institution; advanced or professional degrees a plus.
• One - three years direct work experience at an exchange, regulatory organization, or Futures Commission Merchant preferred; open to recent, high-performing college graduates with relevant or transferrable skills and experiences.
• Experience working with large data sets.
• Strong to exceptional analytical, quantitative, and critical thinking skills.
• Strong oral and written communication skills.
• Strong organizational, time management, and problem‑solving skills.
• Ability to work independently in a fast‑paced work environment.
• Intermediate to Advanced MS Word and MS Excel; Python, R, and/or Data Visualization a plus.

The Market Regulation Department takes enormous pride in fostering robust, reliable markets that are free from abusive activity. Being part of our team provides every Trade Practice Investigator an opportunity to do meaningful, fulfilling, and collaborative work preserving the integrity of CME Group markets.

#LI-DD1 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 $63,500-$105,800. 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.

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.

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