Risk Policy Associate

CME Group • Wacker, IL

14h • $103,500 - $172,500 • Onsite

About The Position

As an Associate on the Clearing Policy & Market Structure team, you will provide critical insight and qualitative analysis of the latest trends in market structure changes across derivatives and securities markets. You will support the team in efforts of external engagement on cross margining of financial instruments, capital analysis of access models for clearing services, and in material preparation (roundtables, external meetings, onboarding) and regulatory engagement support. Capital & Regulatory Analysis: Familiarity with regulatory capital requirements across multiple regulatory regimes (CFTC, SEC, U.S. Banking Agencies, and Basel III) is preferred. Markets are changing as new innovative solutions leveraging emerging technologies are now ingrained within existing financial market infrastructures. You will help analyze the best ways to incorporate these solutions in the most capital efficient way for CME’s global Clearing base, and communicate these solutions internally and externally. Author External Documentation: Resources for external education and feedback are necessary to ensure consistent messaging of CME’s newly emerging clearing offerings, you will help develop qualitative materials and tailor them to specific use cases and audiences which can include customers, clearing members, and clearinghouse regulators. Collaboration: You will act as a primary point of contact within CME’s clearing services to discuss market structure questions and to help educate externally the key aspects of CME’s global offerings.

Requirements

• Bachelor’s degree is required and those with a financial focus are preferred (Accounting, Finance, Mathematics, Economics, or Statistics).
• 3-5 years of experience in financial markets within a financial institution or management consultancy.
• Strong technical writing skills with the ability to prepare materials covering complicated financial markets and risk management topics for external engagements.
• Solid understanding of financial markets and familiarity with a diverse set of financial instruments, including U.S. Treasury Markets, derivatives, securities markets and emerging asset classes.
• Ability to read and understand complicated financial literature and the ability to effectively communicate with others.
• Proficiency in spreadsheet and database tools (BigQuery, Sheets, Excel, AI Tools).
• Proven problem-solving and troubleshooting skills within a highly collaborative, team-oriented environment.
• This role is based in our Chicago office and requires a 5-day on-site presence.

Nice To Haves

• Professional certifications, CFA, CPA, are preferred.
• Familiarity with regulatory capital requirements across multiple regulatory regimes (CFTC, SEC, U.S. Banking Agencies, and Basel III) is preferred.

Responsibilities

• Provide critical insight and qualitative analysis of the latest trends in market structure changes across derivatives and securities markets.
• Support the team in efforts of external engagement on cross margining of financial instruments, capital analysis of access models for clearing services, and in material preparation (roundtables, external meetings, onboarding) and regulatory engagement support.
• Analyze the best ways to incorporate new innovative solutions leveraging emerging technologies in the most capital efficient way for CME’s global Clearing base, and communicate these solutions internally and externally.
• Develop qualitative materials and tailor them to specific use cases and audiences which can include customers, clearing members, and clearinghouse regulators.
• Act as a primary point of contact within CME’s clearing services to discuss market structure questions and to help educate externally the key aspects of CME’s global offerings.

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
• 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.
• 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.
• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 501-1,000 employees