Risk Management Analyst

Chicago Mercantile Exchange • Chicago, IL

1d • Onsite

About The Position

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 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 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 You’ll Bring Education: Bachelor’s degree in Finance, Economics, Accounting, Mathematics, or a related quantitative field. Experience: 1–3 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. #LI-Onsite 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 $78,900-$131,500. 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. 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 .

Requirements

• Education: Bachelor’s degree in Finance, Economics, Accounting, Mathematics, or a related quantitative field.
• Experience: 1–3 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.

Responsibilities

• 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.

Benefits

• 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.
• opportunity to become an owner in the company through our broad-based equity program.
• comprehensive health coverage
• a retirement package that includes both a 401(k) and an active pension plan
• highly competitive education reimbursement provisions
• paid time off
• a mental health benefit

What This Job Offers

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