Risk Policy Associate

Posted:
4/3/2026, 3:18:07 PM

Location(s):
Illinois, United States ⋅ New York, United States ⋅ Chicago, Illinois, United States ⋅ New York, New York, United States

Experience Level(s):
Mid Level ⋅ Senior

Field(s):
Legal & Compliance

Workplace Type:
On-site

What you’ll Do

As an Associate on the Clearing Policy & Market Structure team, you will provide critical insight and qualitative analysis of the latest trends in market structure changes across derivatives and securities markets.  You will support the team in efforts of external engagement on cross margining of financial instruments, capital analysis of access models for clearing services, and in material preparation (roundtables, external meetings, onboarding) and regulatory engagement support.

  • Capital & Regulatory Analysis:  Familiarity with regulatory capital requirements across multiple regulatory regimes (CFTC, SEC, U.S. Banking Agencies, and Basel III) is preferred. Markets are changing as new innovative solutions leveraging emerging technologies are now ingrained within existing financial market infrastructures.  You will help analyze the best ways to incorporate these solutions in the most capital efficient way for CME’s global Clearing base, and communicate these solutions internally and externally.
     

  • Author External Documentation:  Resources for external education and feedback are necessary to ensure consistent messaging of CME’s newly emerging clearing offerings, you will help develop qualitative materials and tailor them to specific use cases and audiences which can include customers, clearing members, and clearinghouse regulators.
     

  • Collaboration:  You will act as a primary point of contact within CME’s clearing services to discuss market structure questions and to help educate externally the key aspects of CME’s global offerings.
     

What You’ll Bring
 

  • Education: Bachelor’s degree is required and those with a financial focus are preferred (Accounting, Finance, Mathematics, Economics, or Statistics).  Professional certifications, CFA, CPA, are preferred.
     

  • Experience: 3-5 years of experience in financial markets within a financial institution or management consultancy.
     

  • Communication: Strong technical writing skills with the ability to prepare materials covering complicated financial markets and risk management topics for external engagements.
     

  • Qualitative & Quantitative Skills: Solid understanding of financial markets and familiarity with a diverse set of financial instruments, including U.S. Treasury Markets, derivatives, securities markets and emerging asset classes.
     

  • Technical Proficiency: Ability to read and understand complicated financial literature and the ability to effectively communicate with others.  Proficiency in spreadsheet and database tools (BigQuery, Sheets, Excel, AI Tools).
     

  • Analytical Mindset: Proven problem-solving and troubleshooting skills within a highly collaborative, team-oriented environment.
     

  • On-Site Commitment: This role is based in our Chicago office and requires a 5-day on-site presence.

What You’ll Get

  • A supportive environment fostering career progression, continuous learning, and an inclusive culture.

  • Broad exposure to CME's diverse products, asset classes, and cross-functional teams

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 pay ranges for this role based on location are: Chicago: $103,500-$172,500 New York/New Jersey: $113,800-$189,600. 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 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.