MD Clearing & Post Trade Product Management at CME Group | Chicago, IL | Rezi

MD Clearing & Post Trade Product Management at CME Group

MD Clearing & Post Trade Product Management

CME Group · Chicago, IL

Today

MD Clearing & Post Trade Product Management

CME Group · Chicago, IL

2 hours ago
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About the Role

The Managing Director of Product Management is responsible for the strategy and driving operational excellence for the Clearing portfolio, which includes Futures and Options on Futures, Cleared Swaps and Cleared Cash products. This leadership role will ensure the portfolio aligns with the Enterprise strategy and vision, champion a seamless customer experience, and lead an organization of senior Product Managers and Product Owners.

Responsibilities

  • Defines and maintains portfolio strategy and roadmap based on enterprise and business goals.
  • Defines business priorities and guardrails to guide demand intake and fund allocations.
  • Drives cross-portfolio alignment and seeks guidance from the MT (as necessary).
  • Proactively communicates portfolio strategy effectively to stakeholders across the organization.
  • Reviews budget requests and seeks portfolio budgets from MT (annual / ad-hoc additional budget for a new critical initiative).
  • Reviews and approves fund requests to strategic initiatives, product-specific demand.
  • Defines team structure and allocates resources effectively across the portfolio mitigating risks proactively.
  • Leads an organization of Product Manager/Owners, providing coaching/mentoring and driving team alignment.
  • Reviews outcomes (using OKRs) and value delivered against the fund allocations, and continue to drive towards enterprise and portfolio priorities.
  • Drives continuous improvement of product capabilities and operational excellence including waste reduction (people, process or technology resources).
  • Guides delivery of high-quality products to end users over incremental cycles by working with the product teams and resolving impediments, if any.
  • Embed design thinking principles into the portfolio management process, fostering a culture of client-centricity and continuous innovation.
  • Stay abreast of industry trends and conduct research to understand user needs and market trends.

Requirements

  • 15+ years of financial technology experience with deep knowledge of CME customers and platforms.
  • Experience in Product Management and Change Management.
  • Experience with agile methodologies.
  • Minimum 8+ years of experience managing a team; ideally of similar makeup (product managers, product owners and business analysts).
  • Experience managing a team under a client centric Product Operating Model is preferred.
  • Track record of design thinking and proactive leadership in a highly matrixed, collaborative environment.
  • Strong expertise in clearing house operations preferred.
  • Bachelor’s degree in business administration, finance, computer science or engineering; advanced degree preferred.

Skills

  • Product Management and Change Management preferred
  • Agile methodology
  • Deep understanding of Critical User Journeys for clearing with end to end ecosystem
  • Understanding of and experience with portfolio and budgeting concepts
  • Excellent leadership and communication skills and the desire to work in a client-facing role
  • Strong understanding of agile concepts with certification in SAFe Lean Portfolio Mgmt (LPM) and/or Product Management
  • Working knowledge of Enterprise SAFe, Agile, Lean and/or Iterative Development methodologies

Location

  • Chicago
  • New York/New Jersey

Work Type

  • Full-time

Experience Level

  • 15+ years of financial technology experience
  • 8+ years of experience managing a team

Education Level

  • Bachelor’s degree in business administration, finance, computer science or engineering; advanced degree preferred

Salary/Compensations

  • Chicago: $261,800-$436,300
  • New York/New Jersey: $261,800-$436,300

Benefits

  • Competitive total rewards package
  • Annual target bonus opportunity
  • Opportunity to become an owner through broad-based equity program
  • Comprehensive health coverage
  • Retirement package including 401(k) and active pension plan
  • Highly competitive education reimbursement provisions
  • Paid time off
  • Mental health benefit

About the Company

  • CME Group is the world’s leading derivatives marketplace.
  • 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.

Equal Opportunity

  • 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.