Risk Management Associate

Reposted 3 Days Ago
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The Street, Town of Knox, NY
In-Office
111K-185K Annually
Mid level
Financial Services
The Role
The Risk Management Associate will monitor risks, generate reports, and mentor junior staff while assessing impacts on major Clearing House initiatives.
Summary Generated by Built In

As a Risk Management Associate, you will be on the front lines, proactively managing complex counterparty and market risks to maintain the resilience and stability of the global derivatives markets. This role is for a highly analytical and results-driven professional prepared to use deep market insights to protect the integrity of the clearing process.
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.

What You’ll Do

  • Monitor assigned asset classes (Energy, Agriculture, Metals, FX, or Interest Rates) and implement decisive actions to manage associated counterparty and market risks.

  • Generate recurring management reports and deliver critical ad hoc data analysis to inform Clearing House Senior Management decisions.

  • Serve as a subject matter expert, providing crucial internal support on CME systems and advising external clearing members on specialty-specific information.

  • Lead the preparation, coordination, and contribution during cyclical risk reviews of clearing member firms.

  • Assess risk impact for major Clearing House initiatives and partner with project teams to integrate effective mitigation strategies.

  • Communicate complex changes to margining procedures and structures, ensuring clarity and transparency across stakeholders.

  • Mentor and train junior team members, ensuring continuous growth and robust succession planning within the team.

What You’ll Bring

  • Experience: 3–5 years in a dynamic risk management, middle-office, or finance role, with direct exposure to futures across Energy, Agriculture, Metals, FX, or Interest Rates.

  • Analytical Prowess: Possess demonstrated quantitative, analytical, and sophisticated problem-solving skills to navigate complex financial data.

  • Technical Acuity: Leverage advanced proficiency in Microsoft Excel and Google Sheets to drive data manipulation and reporting efficiency.

  • Collaboration: Thrive in a team-centric environment with proven ability to train, mentor, and elevate junior staff.

  • Communication: Articulate complex risk concepts clearly and persuasively in both oral and written form to senior management and external contacts.

#LI-DD1

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 $110,700-$184,500. 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.

Top Skills

Google Sheets
Excel
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The Company
HQ: Chicago, IL
3,291 Employees

What We Do

As the world's leading derivatives marketplace, CME Group (www.cmegroup.com) is where the world comes to manage risk. CME Group exchanges offer the widest range of global benchmark products across all major asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, weather and real estate. CME Group brings buyers and sellers together through its CME Globex® electronic trading platform and its trading facilities in New York and Chicago. CME Group also operates CME Clearing, one of the world’s leading central counterparty clearing provider in the world, which offers clearing and settlement services for exchange-traded contracts, as well as for over-the-counter derivatives transactions through CME ClearPort®. These products and services ensure that businesses everywhere can substantially mitigate counterparty credit risk in both listed and over-the-counter derivatives markets.

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