CME Group · 6 hours ago
Quant Risk QA Consultant-CMESC
Chicago, IL
Full-time
Onsite
Mid LevelCME Group is the world’s leading derivatives marketplace, and they are seeking a Quant Risk QA Consultant to assist the Clearing Department with day-to-day activities in support of quant risk and IT teams. The role involves developing, analyzing, and testing various Margin models across multiple asset classes for clearing initiatives.
FinanceFinancial ServicesMarketplaceStock Exchanges
Responsibilities
Daily responsibilities include code release testing for all CMESC code releases, historical data validation, margin and stress testing model validation, and portfolio back-testing
The candidate must have the ability to efficiently, effectively, and independently conduct research, analyze problems, formulate and implement solutions, and produce high quality results on time
Qualification
Required
Strong quantitative and analytical background
Excellent programming, communication, and documentation skills
Knowledge of financial markets
Experience with programming languages such as C++/C#, R, VBA, and SQL
Master's in Computer Science, Financial Engineering, Financial Mathematics, Mathematics, Physics, or a related discipline
Preferred
Knowledge in advanced quantitative risk modeling and knowledge of statistical models in risk management
Knowledge in advanced derivatives modeling and knowledge of volatility models
Preference will be given to candidates who can demonstrate the best practices in developing risk models like Historical VaR, Monte Carlo VaR, Multi-Factor Risk Models, Stressed VaR, Liquidity Risk models
Company
CME Group
CME Group is a diverse derivatives marketplace that manages risk and capture opportunities.
Founded in 1848
1001-5000 employees
H1B Sponsorship
CME Group has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (2)
2024 (1)
2023 (1)
2022 (3)
2021 (2)
2020 (9)
Funding
Current Stage
Public CompanyTotal Funding
$1BKey Investors
Google
2021-11-04Post Ipo Equity· $1B
2002-12-06IPO
Leadership Team
Lynne Fitzpatrick
President and CFO
Julie Holzrichter
Chief Operating Officer
Recent News
2026-01-11
2026-01-11
Company data provided by crunchbase