This position will support the Clearing Solutions & Services team with product management for CME Clearing. The role will contribute to the successful development and implementation of CME's post trade risk management and capital efficiency services. As a product owner, you will lead the team taking ideas from inception and design through implementation and customer adoption. This role reports to the Director of Services on Clearing Solutions Team. The Solutions team partners closely with a broad set of stakeholders across CME Group: Clearing, Sales, Marketing, Enterprise Architecture, Technology, Execution and Strategy and Legal to expand and strengthen Clearing Services.
Principal Accountabilities:
• Act in product owner capacity to drive product development from inception to production for all post trade services and capital efficiency services across asset classes, ETD and OTC. e.g. OTC clearing, Compression, Portfolio Margin Optimization.
• Leveraging deep knowledge of OTC and exchange traded derivatives space understand business need and design innovative solution proposals, validate with market place, build prototypes, requirements / specifications, and UAT planning/testing.
• Following prioritization by BLM team, this teams provides the functional / technical documentation and knowledge sharing of new products/services for implementation by Technology team internally and externally
• Interact with affirmation platforms, SEFs, clearing houses, SDRs, and dealers, clients and clearing firms to ensure readiness to support our products/services
• Provide technical expertise to sales team for new product and services launch
Skills and Software Requirements:
• Experience with or aptitude for Product Management, Financial Engineering, Systems Analysis, Risk Management, Financial Modeling, Customer Relationship Management
• Undergraduate studies: Engineering, Computer Science, Finance, or Business
• Knowledge of financial services front, middle and back-office operations, workflows, systems and strong experience partnering with technical teams across variety of SDLC methodologies
• Product experience with OTC and Exchange Traded derivative
• Excellent communication skills and team work
• Some graduate studies preferred
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 salary range for this role is $125,000-$208,400. 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 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.