Risk Management Specialist
4 weeks ago
The Risk Management Specialist will be responsible for monitoring, managing, and preventing risks within the clearing house and financial system. This role requires a strong understanding of CME Group's Clearing House risk systems and the ability to communicate effectively with Senior Management and staff to implement and oversee new processes and procedures.
Key Responsibilities
Prepare, coordinate, and engage firms' risk managers on all information that pertains to risk reviews that are applicable to their firms for a given year.
Attend or lead on risk reviews to ensure better results in the overall risk review process.
Produce timely reports based on a variety of requests from Clearing House Sr. Management, either directly or by delegating and training a direct report.
Retrieve, analyze, and present to CH Sr. Management any data requests that the CFTC has before the information is presented to the CFTC.
Review products and determine adequate margin coverage for each product, as well as any margin offsets that we provide the market based on the risk characteristics of the positions.
Serve as experts in monitoring risk at the clearing house through a variety of tools, providing support for less seasoned analysts and training them as they start out with expertise.
Serve as risk team leaders on specific projects within the clearing house related to any major initiative that the clearing house is undertaking.
Train and grow direct reports and all members of the risk management team through professional feedback, hands-on learning, job delegation, and adequate time management.
Requirements
5-10 years of experience in market risk management or a related field pertaining to the derivatives industry.
Deep expertise in commodities markets, with knowledge of energy markets preferred.
BA or BS in a quantitative field, with a graduate degree preferred.
Demonstrated analytical and problem-solving skills.
Ability to work flexibly in a team environment.
Expertise in Microsoft Office or Google Work Space is required, with the ability to work with a variety of complex systems highly desired.
Strong oral and written communication skills.
Derivatives industry knowledge is a plus.
About CME Group
CME Group is the world's leading and most diverse derivatives marketplace. 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.
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