Description CME Group is currently looking for a Default Management intern.
The Default Management team is a specialized domain within the risk management department of the CME Group. The team performs various risk management tasks and other activities that pertain to managing a default. Default management activities are time critical, varied and sensitive in nature and we develop software solutions to automate these activities.
As an intern on this team, you will be involved in understanding all the aspects of default management, learn how to maintain and support the existing default management tools, and help develop new ones. You will work closely with business leaders to create and deliver solutions that optimize performance and efficiency. You will have the opportunity to apply and hone your finance and risk management skills in a structured program that allows you to work side-by-side with, and learn from, those who are thriving in this exciting and growing field.
Principal Accountabilities
Understand the business (default risk management) and its requirements.
Design, develop, and test various risk management tools.
Streamline and automate the workflow by introducing new and improved procedures.
Support default management drills.
Skills / Software Requirements
Basic knowledge of derivative products (swaps, futures, options) across multiple asset classes (energy, metals, fixed income, etc.) is essential.
Proficiency in Excel is required.
Working knowledge of Python, VBA, and SQL is preferable.
Excellent problem-solving skills.
Excellent written and verbal communication skills.
Education
Pursuing a degree in Finance or a related field.
Other Requirements:
Local to NYC.
Hybrid Schedule - able to come into the CME Group New York office (located at 300 Vesey St, New York, NY 10282).
Able to work at least 20 hours per week.
Location: New York or Chicago
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 salary range for this role is $26/hr - $38/hr. 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).
CME Group: Where Futures Are Made
CME Group (www.cmegroup.com) 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 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' diverse experiences, cultures and skills, and work to ensure that everyone's perspectives are acknowledged and valued. As an equal opportunity employer, we recognize the importance of a diverse and inclusive workplace and consider all potential employees without regard to any protected characteristic. The Candidate Privacy Policy can be found here.
