Securities Clearing - Market Risk Consultant

Reposted 8 Days Ago
Be an Early Applicant
The Street, Town of Knox, NY, USA
In-Office
55-65 Hourly
Mid level
Financial Services
The Role
Monitor daily market risks, perform assessments, analyze credit and liquidity data, and liaise with departments while preparing regulatory responses and internal reports.
Summary Generated by Built In

CME Group is launching a new Securities Clearing House, which will initially launch clearing services for cash treasuries as well as Bilateral Tri-party Repo. The candidate is responsible for daily monitoring of market risk and manage obligations in the event of a clearing member default.

The candidate performs in-depth research and analysis of market, credit, and trading data to identify risks, develop mitigation processes, and present findings to senior management. The candidate performs daily assessments of market conditions and acts as the first line of defense against systemic, idiosyncratic and counterparty-specific risks.

The role is also responsible for creating reports for internal governance committees, measuring key risks, and escalating issues as appropriate.
 

Key Responsibilities:

  • Liaise with market risk, financial surveillance, and other departments to familiarize others with counterparty credit, liquidity, and collateral risk profiles

  • Perform daily procedures to monitor risk to the clearinghouse, including credit and liquidity stress testing, and escalate findings as necessary

  • Demonstrate a strong understanding of applicable regulations at both domestic and international level as well as have a firm grasp of applicable rules in the clearinghouse’s rule book

  • Use technical skills, including knowledge of programming and financial mathematics, to maintain models

  • Assist in preparing responses to ad hoc regulatory requests

Skills and Software Requirements:

  • Knowledge of Fixed Income, Cash Treasuries, and Repo Markets

  • Experienced in Excel, PowerPoint and Word

  • Bloomberg

  • Familiarity with relational databases (MS SQL, Oracle) and SQL

  • Ability to manipulate large data sets

  • Strong analytical, quantitative, and organizational skills

  • Knowledge of financial analysis at an intermediate level

  • Excellent written and verbal communication skills

  • Capability to work independently as well as in a team setting

CME Group is seeking skilled and experienced Consultants for a fixed term of engagement from 6/01/2026 to 12/31/2026. CME is committed to offering competitive compensation for our consultants that recognizes their contributions to the business. The hourly pay range for this role is expected to be $55-$65 per hour. The actual pay offered will be dependent on a wide array of factors including but not limited to: relevant experience, skills, education and comparison to internal consultants or employees (where relevant). Please note that while this opportunity is for a consultant role dedicated to CME, the consultant will be directly employed by a third party vendor, which would provide pay and benefits. 

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.

Skills Required

  • Knowledge of Fixed Income, Cash Treasuries, and Repo Markets
  • Experience in Excel, PowerPoint, and Word
  • Familiarity with relational databases and SQL
  • Strong analytical skills
  • Excellent written and verbal communication skills

CME Group Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about CME Group and has not been reviewed or approved by CME Group.

  • Retirement Support U.S. offerings include both a 401(k) and a company-funded cash-balance pension, strengthening long-term financial security. This dual-track structure is highlighted as a notable differentiator among private employers.
  • Leave & Time Off Breadth PTO and holiday schedules are described as generous, with ample time off and carryover commonly highlighted. This breadth of leave meaningfully enhances perceived total rewards.
  • Flexible Benefits A flexible, hybrid work model applies to many roles, increasing day-to-day usability of the package. Flexibility is framed as a standard feature rather than an exception.

CME Group Insights

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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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