Director, Financial Research and New Product Development

CME Group • New York, NY

3d • $160,300 - $267,100

About The Position

The Financial Research and New Product Development (Fin RPD) team at CME Group serves as the technical engine for interest rate offerings, focusing on market structure, macroeconomic shifts, and product engineering. This role involves leading research efforts during a significant period of change in fixed-income markets. The position will focus on scaling global benchmarks like Treasury and SOFR futures and options, ensuring they remain efficient tools for market participants. It also involves building infrastructure for the future of the marketplace with CME Securities Clearing and expanding into credit markets with new credit futures. The Director will act as an expert in interest rate and credit ecosystems, driving strategy and leading the growth of credit futures. A key aspect of the role is transforming complex market activity and options volatility into high-impact publications, visualizations, and video content, bridging product innovation with real-world market activity.

Requirements

• Knowledge of CME listed interest rate products, ecosystem, and product workings.
• Deep understanding of cash treasury, money markets, repo and credit market.
• Proven ability to publish research content.
• Demonstrated ability to project management across multiple timelines, deliveries, and project teams with a high level of collaboration.
• Interest and ability to work across asset classes especially Equity Indexes and Crypto markets.
• Undergraduate degrees include mathematics, finance, economics, computer science with higher level education preferred.
• Greater than 5 years of relevant work experience.

Responsibilities

• Research, design and develop risk management products for listed interest rates products business management (BLM). This includes understanding and validating client needs, defining product offerings and specification and product modifications to meet regulatory requirements.
• Identify, coordinating connectivity to the listed rates, OTC derivatives and OTC cash businesses.
• Develop research themes and author content to support CME Group businesses including analysis, data acquisition and visualization, submission of written internal and external research educational material. Where necessary coordinate with marketing, legal, sales and corporate communications to ensure consistent theme and client reach.
• Support and extend client-facing analytical tools, reports and data offerings.
• Ensure product offerings, services and modifications meet regulatory requirements and client needs.

Benefits

• Comprehensive health coverage
• Retirement package that includes both a 401(k) and an active pension plan
• Highly competitive education reimbursement provisions
• Paid time off
• Mental health benefit
• Annual target bonus opportunity
• Opportunity to become an owner in the company through our broad-based equity program

What This Job Offers

• Job Type: Full-time
• Career Level: Director