at CME Group
OtherPosted 2 months ago
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Join CME Group as a Risk Management Analyst within Clearing to identify, monitor, and mitigate risk across products and counterparties. Use data-driven insights and tools to protect the financial integrity of the clearing house, monitor market stability, and support the ongoing evolution of clearing services. You will oversee daily market stability metrics, evaluate risk profiles of new products, deliver strategic analyses for senior management, conduct risk reviews of counterparty firms, and provide expert margin support (including PC-SPAN), with a Bachelor's degree and 1–3 years of relevant experience preferred.
- Compensation
- $78,900 – $131,500 USD
- City
- Chicago
- Country
- United States
Currency: $ (USD)
Full Job Description
As a Risk Management Analyst within the Clearing department, you will play a vital role in safeguarding the financial integrity of the CME Group clearing house. You will be responsible for identifying, monitoring, and mitigating risk across a diverse range of products and counterparties. By leveraging data-driven insights and technical tools, you will ensure that robust protections are in place to maintain market stability and support the continuous evolution of our global clearing services.
What Youll 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 Youll Do
Monitor Market Stability: Execute daily oversight of variation, margins, and large trader positions to protect the integrity of the clearing house and financial system.
Integrate New Products: Evaluate the risk profiles of proposed products and establish their parameters within risk systems to ensure proper margin coverage upon launch.
Deliver Strategic Analysis: Produce detailed reports on asset classes, clearing members (FCMs), and customer activity to support decision-making for senior management.
Conduct Risk Reviews: Facilitate and document annual risk assessments for counterparty firms, maintaining active communication with both FCM and Clearing House leadership.
Provide Expert Support: Act as a primary resource for customers regarding margin inquiries and the use of the PC-SPAN tool, ensuring timely and accurate technical assistance.
What Youll Bring
Education: Bachelors degree in Finance, Economics, Accounting, Mathematics, or a related quantitative field.
Experience: 13 years of professional experience in risk management, financial analysis, or a related analytical role.
Technical Proficiency: Professional experience with Bloomberg and Excel; basic to intermediate Python programming skills for data analysis and process automation.
Industry Tools: Practical knowledge of PC-SPAN or similar margining software to determine coverage and risk characteristics.
Analytical Rigor: Proven ability to manage risk through margin analysis, tolerance testing, and concentration risk monitoring.
Clear Communication: Ability to translate complex risk data into concise updates for senior leadership and external stakeholders.
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CME Group: Where Futures are Made
CME Group is the worlds 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 were looking for more.
At CME Group, we embrace our employees' unique experiences and skills to ensure that everyones perspectives are acknowledged and valued. As an equal-opportunity employer, we consider all potential employees without regard to any protected characteristic.
Important Notice: Recruitment fraud is on the rise, with scammers using misleading promises of job offers and interviews to solicit money and personal information from job seekers. CME Group adheres to established procedures designed to maintain trust, confidence and security throughout our recruitment process. Learn more here.
Location: Chicago - 20 S. Wacker
Time Type: Full time
