Senior OTC Risk Manager recruitment
Overview:
CME Group is the leading exchange and clearing house for listed products. In its unique position as the most diverse clearing house, it is in the forefront of the clearing of OTC products, which is mandated by the financial reform.
Position Description:
CME group has an immediate opening for a senior Risk Manager for cleared OTC products. This is an Associate Director level position or Risk Manager depending on experience. CME offers a very competitive compensation and a benefits package.
The immediate focus of this role will be on the development of Risk Management Policies and Procedures for OTC Derivatives, illustrating to Clearing Members and Customers CME risk management methodology and safeguard package. Furthermore, the responsibilities will extend to assessing the risk management soundness of existing and prospective Clearing Members as well as been actively involved in interacting with different Departments within CME organization.
An essential skill in this position is ability to explain and defend the developed methodology to the clients such as major sell-and buy-side institutions and regulatory bodies. One will have to engage these constituents in the development, refining, and deployment phases of policies, procedures and tools used in mitigating CME’s exposure to market and counterparty risk.
Required Experience:
• Expertise in the IR derivatives
• Experience in Risk Management – possibly matured in the Capital Markets Dept. of a bank;
• Alternatively an experience as a Junior Trader on an OTC IRD or Credit Derivatives Desk
• Strong communication and consensus-building skills
Qualifications:
• Advanced degree in a quantitative field
• 3-5 years of experience as a risk management analyst
• Some Managerial experience is desirable
• Expertise in financial mathematics and understanding of pricing models.
• Strong communication skills
As the world’s leading and most diverse derivatives marketplace, CME Group (www.cmegroup.com) is where the world comes to manage risk. Based in Chicago, with offices in New York, London, Singapore, Calgary, Houston, São Paulo, Singapore, Tokyo and Washington D.C., our team of more than 2,500 employees has an impact on the global economy every day. We offer:
• The widest range of global benchmark futures and options available across all major asset classes;
• The most advanced trading technology;
• Industry-leading clearing and risk management capabilities;
• A relentless customer focus, serving leading investment and commercial banks, hedge funds, proprietary trading firms, pension funds, sovereign wealth funds, asset managers, corporations and individual traders; and,
• A great place to work.
With this strong foundation in place, we are looking to continue growing our business in both listed and over-the-counter markets. To support this growth, we are seeking highly motivated individuals to help foster our corporate culture and uphold our core values of leading with conviction and integrity, advancing the global economy, building lasting relationships and acting with ingenuity every day.