The Senior Director & Associate General Counsel – Securities Clearing will provide specialized in-house legal support to CME Securities Clearing's (CMESC) staff and management team with respect to existing regulatory requirements and new regulatory developments applicable to CMESC and its participants. The attorney will report directly to the head of CMESC's Head of Legal and provide legal and regulatory leadership to the business. The attorney should have experience supporting SEC-regulated clearing houses or intermediaries with respect to clearing regulatory issues. The attorney must have the ability to work both independently and with cross-functional teams.
The attorney will provide legal and regulatory support for CMESC operations, risk management and internal governance. The attorney will provide regulatory support and guidance for new CMESC initiatives, assist in new product design and implementation and implement clearing services and banking arrangements in coordination with internal legal teams and external counsel.
The attorney will engage with regulatory bodies on behalf of CMESC. The attorney will work with CMESC staff, management and other personnel to ensure that its rules, policies and procedures align to internal CMESC requirements, regulatory requirements and best practices. The attorney will be responsible for drafting rules and related rule submissions, facilitating internal corporate review and approval, submitting of rules to external regulators and interacting with regulators during the review process, all in close coordination with the CMESC staff, management and other personnel.
The attorney will monitor new regulatory developments, both domestic and international, that directly or indirectly impact clearing CMESC and work with CMESC staff, management and other personnel to evaluate impacts and develop CMESC’s strategy and responses, including drafting comment letters, where appropriate, and working with appropriate industry groups and regulators to promote effective regulatory policies and CMESC’s business initiatives.
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: $177,100-$295,100 New York/New Jersey: $177,100-$295,100. 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 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 by 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' 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.
Important Notice: Recruitment fraud is on the rise, with scammers using misleading promises of job offers and interviews to solicit money and personal information from job seekers. CME Group adheres to established procedures designed to maintain trust, confidence and security throughout our recruitment process. Learn more here.