Job title: Executive Director of Equity Products
Company: CME Group
Job description: The Executive Director will have direct P&L responsibilities for the Delta One products within the Equity Product line as well as other index-related products in the Financials Product portfolio (i.e., Commodity Indices, Cryptocurrency, Credit-based, Multi-Asset Class, and other Alternative Investment based indices) and will be responsible for the management and successful execution of the product line strategy based on an expert level of knowledge of the products or functionality.
This role will create and implement strategies for product innovation, pricing, marketing across the product line or functionality. This role will also be responsible for the introduction of new products and services that meet the ever-evolving risk management needs of clients.
Applies extensive practitioner-level knowledge of Equity Delta One product, as well as the other index-related products listed above, in terms of functionality and product line when representing CME Group to external audiences (e.g. clients).
Additional knowledge of physical crypto and digital asset products ecosystem desirable.
Develops the strategy and business plans for a product line or for an identifiable functionality across product lines.
Effectively coordinates team efforts to execute on the group’s strategy.
Ensures the strategy aligns with BLM and Financial Products strategy.
Identifies product specific or functionality specific partnerships, alliances and opportunities.
Responsible for product lines or functionalities within the business line and is accountable for their profit and loss.
Works with other business units and functions (e.g. Technology, Clearing, etc.), to implement new products.
Investment or trading experience in relevant products for a minimum of 10 years, with P&L revenue responsibilities.
Extensive knowledge on the Delta One Product offering, with transactional risk management experience in futures, options, ETFs, OTC Swaps, and cash trading.
Demonstrable experience of interacting with decision makers at client firms.
Ability to bring industry contacts and network to CME to advance business objectives.
Experience managing a product or business line within previous organization.
Demonstrable experience of working across teams to produce high value outcomes.
Additional experience of crypto, multi-asset, and credit products desirable.
Bachelor’s degree in business administration, finance, computer science or engineering. Advanced degree preferred.
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 $198,200-$330,400. 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 (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.