Risk Management Leader

16 hours ago


New York, New York, United States CME Group Full time

The Risk Management Leader at CME Group is responsible for monitoring, managing, and preventing risks within the clearing house and financial system. This involves being a master of CME Group's Clearing House risk systems and teaching direct reports about these systems.

The leader prevents risk through communication between Senior Management and staff by implementing and overseeing new processes and procedures. They 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 get better results in the overall risk review process.
  • Management of the report can either be from the leader or from delegating and training a direct report on producing the information. These reports can be product, asset class, FCM or customer specific.
  • Management of 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. Applications they have mastered include:

  • variation, margin, large trader, Globex account position accumulation, stress testing, OTC trade activity, cross margin, concentration risk, expiration risk, credit limit

The Risk Management Leader will serve as risk team leaders on specific projects within the clearing house related to any major initiative that the clearing house is undertaking. They will assess the risks that the project is either bringing to clearing house or will mitigate at clearing house. Expected to make most decisions for the projects and delegate work to their members of the risk team.

Train and grow their direct reports as well as all members of the risk management team through professional feedback, hands on learning, job delegation, and adequate time management. 5-10 years of experience in market risk management or a related field pertaining to the derivatives industry.

BA or BS in a quantitative field, graduate degree is preferred. Expertise in Microsoft Office or Google Work Space is required, and the ability to work with a variety of complex systems is highly desired.

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.



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