Executive Director Network Engineering recruitment

Executive Director, Networking

Our networking department is a major capital spending driver for
the exchange as a whole with capital averaging $8M - $10M / year
plus telecom and maintenance expenses $30M / year, in addition
to over 65 technology professionals. This individual will be
responsible for developing and elucidating our strategy in network
technologies, with a focus on emerging network technologies. This
person will be expected to collaborate with all IT Technology teams
in addition to working with selected critical business areas to
develop requirements and determine feasibility of emerging
technology applications. These areas will include Co-location,
Global Information Security, Human Resources, all development
areas, Technology Strategy and Services and Enterprise Application
Support groups. Networking and telecom combined are our largest
expense other than the capital investment in physical facilities
and it is critical to CME Group's long term financial goals that
this spending be conducted in a clear, transparent and optimal
manner.
Key Accountabilities -
• Develop an integrated strategy for networking supporting
monitoring, metrics, expansion of capacity, and implementation
linked to the plans of Co-Location business unit. This will include
the delivery of services that are specific to the colocation
customers, such as data warehousing and high-speed microwave
communications. This business is projected to grow from $50M to
$100M in annual revenues in five years and close integration with
networking is critical to its success.
• Develop a comprehensive strategy for networking that provides and
meets the need of our low latency and high bandwidth customers and
applications, while allowing for general purpose networking
interoperability. Collaborate closely with DCE in this redesign and
long-term consolidation of data centers which will be necessary
prior to the build and implementation of our permanent out of
region facility, likely in the NYC tri-state area, to be started
likely in 2013, at a all-in cost of facility and gear of over
$125M
• Utilizing the newest available industry information and best
practices, lead the design of a world class security solution for
our networking infrastructure that takes an integrated approach
across all teams including Information Security and development
groups to find the optimal mix of deterrence and spend in order to
meet CME Groups' security requirements related to networking. High
security is a paramount business need and the Technology division
has spent $20M in 2011 and 2012 related to security measures
and networking is a critical component of this spend.
• Research cloud computing for opportunities to enhance the
services offered both internally and externally for customers.
Develop a strategy through collaboration with internal IT teams and
business sponsors.
• Research and develop a long tem strategy for web hosting of
CMEGroup. com that takes into account long term needs of the
business including global marketing (today over 50% of our web
site's customers are overseas) and use of applications and third
party providers that could be hosted or linked through this
cloud.
• Research and develop a long term strategy for enhancing and
increasing our ability to expand our international footprint for
customer connectivity through third party services and potential
service provider partnerships. This would include the research of
connectivity options and solution and partnership creations in
Asia, London, continental Europe, Central and South America. These
network assets would be used for customer connectivity and partner
connectivity, and are linked to our co-location strategy.
Collaborate with GAM, other CME Group departments (DCE), PS,
and other networking and EA experts to develop a multi-year plan
that best leverages our existing assets and infrastructure in order
to meet CME Group's overseas growth strategy.

Requirements -
• Extensive, industry leading networking experience and is a
recognized expert on optimal design, performance, and
implementation of high performance networking architecture
• Thorough understanding of the trading industry and ecosystem and
the drivers that move customers to consider co-location and other
proximity solutions, so that CME Group may best serve them
• High performance trading and market data systems
• 10-15 years of networking expertise in related trading and high
frequency fields
• Domain knowledge related to futures, options, and OTC