Securities Clearing Operations Consultant
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Responsibilities
- 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
Requirements
- 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: Where Futures are Made
- 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.
Additional Information
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.
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