Credit Risk Specialist
4 weeks ago
The Credit Risk Specialist will be responsible for identifying, evaluating, and monitoring key credit risks related to CME's counterparties and exposures for securities clearing. The primary responsibilities of the Specialist are to assess credit risks related to counterparties and exposures and develop key risk methodologies and processes related to credit risk management. The Specialist will cover CME Securities Clearing's higher-risk and most complex counterparties to ensure proper risk controls are in place. Ideally, the candidate will have experience analyzing hedge funds, leveraged funds, and/or proprietary trading firms. In addition, the Specialist will play an active role in cross-department projects, aid in preparing documentation for regulatory requests, and provide guidance and development support for the risk team.
Key Responsibilities:
Leverage financial analysis knowledge and CME's credit model to evaluate the credit risk of CME's counterparties and exposures with minimal oversight or guidance
Aid in the yearly review and calibration of risk models and methodologies, including involvement in the validation process
Lead the build-out and implementation of risk management procedures, processes, and methodologies
Play an active role during due diligence reviews with external parties, including CME Securities Clearing's Members
Engage other teams to perform cross-functional projects within CME Group
Aid in the compliance of CME Securities Clearing's regulatory requirements through engagements with regulators and providing assistance in regulatory and third-party requests
Compose comprehensive credit, industry, and general market reviews and commentary with minimal oversight
Present analysis and other projects to risk committees with minimal oversight
Provide guidance and developmental support to Analysts on the risk team
Requirements:
-5+ years in a credit risk management or financial analysis role
-Strong quantitative and analytical skills
-Demonstrated track record of proficiency in Google Sheets and/or MS Excel and use of the program to build risk tools
-Strong knowledge of Google and/or Microsoft Suite; Bloomberg
-Excellent written and verbal communication skills
-Ability to shift fluidly between multiple projects as priorities change
-Bachelor's degree in finance, accounting, or other business-related field. Master's degree or working towards a Master's degree a plus
CME Group is the world's leading and most diverse 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.
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