Securities Clearing Operations Consultant

Reposted 3 Days Ago
Be an Early Applicant
Wacker, IL, USA
In-Office
45-55 Hourly
Mid level
Financial Services
The Role
The Clearing Operations Consultant will provide operational support for a new US Treasury and Repo clearing service, engage with clearing member firms, enhance risk management processes, and assist in onboarding new market participants.
Summary Generated by Built In

The Clearing Post-Trade Services and Risk team operates within CME Group’s Clearing House and oversees daily trade processing for futures/options and over-the-counter (OTC) derivatives, ensuring the timely clearing of customer transactions and performing key risk management functions. The Clearing House guarantees its member firms meet their financial obligations for all open positions, as well as offering various clearing services to drive efficiencies for CME Group’s customers.

 

The Clearing Operations Consultant will be working on an initiative to launch a new US Treasury and Repo clearing service.The core responsibilities of this role involve providing operational support for the clearing service, facilitating customer testing, and successfully onboarding new market participants. This requires active engagement with both internal stakeholders and external market participants.

What you'll do:

  • Provide support to clearing member firms, customers and business partners on CME Group’s product offering and clearing systems

  • Mitigate customer impactful events through escalation to management and troubleshoot with technology teams to deliver fixes in a timely manner within SLAs

  • Drive improvements in risk management practices and contribute to the Clearing House’s operational risk framework

  • Develop an understanding of the Banking & Collateral Team’s responsibilities and assist with operational tasks such as the payment and collection of margin, margin reconciliation, collateral substitutions, and daily cash investments

  • Work globally with teammates on new initiatives and projects

What you'll need:

  • MS/BS in Finance, Economics, or related field

  • Prior work experience with listed derivatives, Treasury Securities, Repo markets, or OTC products at a clearing house, FCM, or trading firm

  • Strong experience in Excel (or Google Sheets) including pivot tables, vlookups, and macros

  • Excellent written and verbal communication skills

CME Group is seeking skilled and experienced Consultants for a fixed term of engagement from 5/05/2026 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 $45-$55 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

  • MS/BS in Finance, Economics, or related field
  • Prior work experience with listed derivatives, Treasury Securities, Repo markets, or OTC products at a clearing house, FCM, or trading firm
  • Strong experience in Excel (or Google Sheets) including pivot tables, vlookups, and macros
  • Excellent written and verbal communication skills
Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

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.

Similar Jobs

Applied Systems Logo Applied Systems

Salesforce Administrator

Cloud • Insurance • Payments • Software • Business Intelligence • App development • Big Data Analytics
Remote or Hybrid
United States
3040 Employees
60K-120K Annually

Grainger Logo Grainger

AI Enablement Lead

eCommerce • Information Technology • Retail • Industrial
Hybrid
Chicago, IL, USA
26000 Employees
164K-295K Annually

Enverus Logo Enverus

Contract Energy Examiner - 26190

Big Data • Information Technology • Software • Analytics • Energy
In-Office or Remote
2 Locations
1800 Employees
109K-109K Annually

PwC Logo PwC

R&I Cybersecurity & AI Risk Senior Manager

Artificial Intelligence • Professional Services • Business Intelligence • Consulting • Cybersecurity • Generative AI
Hybrid
60 Locations
370000 Employees
91K-322K Annually

Similar Companies Hiring

Rain Thumbnail
Blockchain • Fintech • Payments • Financial Services • Cryptocurrency • Web3 • Infrastructure as a Service (IaaS)
New York, NY
100 Employees
Granted Thumbnail
Mobile • Insurance • Healthtech • Financial Services • Artificial Intelligence
New York, New York
23 Employees
Onshore Thumbnail
Artificial Intelligence • Fintech • Software • Financial Services
New York, New York
60 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account