Sr Dir Clearing Policy & Market Structure

As the Senior Director of Clearing Policy & Market Structure, you will act as a strategic architect of global clearing policy and market structure with an emphasis on the impacts of bank capital requirements. This highly visible role requires you to influence central clearing structures for securities and derivatives both in the United States and globally, ensuring that our clearing services and market participants are optimally positioned amidst evolving bank capital standards and accounting treatments. You will drive enterprise-wide advocacy and serve as a premier thought leader on clearing market structure, representing CME Group's interests to prudential policymakers and market participants.

What You'll Do

• Influence clearing policy and market structures globally and domestically for centrally cleared securities and derivatives.
• Evaluate the potential impact of clearing structure proposals and bank capital standards on CME Group's clearing services, its clearing members, and clients.
• Educate internal and external stakeholders, including prudential policymakers, on the intricacies of centrally cleared market structures for securities and derivatives and related impacts of the developments in bank capital requirements.
• Champion thought leadership in enhancing our clearing services to align with derivatives and securities market structures, considering core clearing, accounting treatment, and bank capital policy challenges.
• Represent CME Group's interests on external panels and roundtables.
• Manage the clearing house's foreign and domestic regulatory reporting obligations, collaborating closely with data owners and compliance to ensure stringent accuracy and quality.
• Advise and mentor clearing house team members on clearing policy and market structure, particularly bank capital requirements, to ensure seamless cross-functional coordination.
• Lead enterprise-wide projects focused on implementing innovative, capital-saving solutions for CME Group's clients.

What You'll Bring

• Possess a Bachelor's degree in Economics, Finance, Public Policy, Legal Studies, or equivalent practical experience.
• Demonstrate 10-12+ years of progressive leadership within a bank / tier-one clearing member, financial market infrastructure, central counterparty, or regulatory body market structure and capital policy teams.
• Apply comprehensive mastery of SEC and CFTC regulations, particularly clearing agency rules under SEC Rule 17ad-22 and clearing organization regulations under CFTC Part 39 Regulations.
• Exhibit executive-level oral and written communication, highly-detailed oriented nature, cross-functional orchestration, and technical reporting presentation skills.
• Leverage deep applied knowledge of bank capital requirements and accounting treatments impacting centrally cleared derivatives and securities markets.

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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: $195,400-$325,600 New York/New Jersey: $195,400-$325,600. 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.