CME Group is the world’s leading and most diverse derivatives marketplace across six major asset classes. The Financial Research and New Product Development (Fin RPD) team serves as the technical engine for our interest rate offerings, focusing on the intersection of market structure, macroeconomic shifts, and product engineering. This is a historic period for the fixed-income markets, and we are seeking a Director to lead our research efforts during an era of unprecedented change. We continue to scale the world’s primary benchmarks through the massive liquidity of Treasury and SOFR futures as well as their expansive options complexes. Your work will ensure they remain the most efficient tools for participants navigating a volatile policy environment. By mastering both the futures and the sophisticated volatility strategies inherent in the options markets, you will help our clients understand the deep relationship between these core benchmarks and the broader interest rate complex. Simultaneously, we are currently building the infrastructure for the future of the marketplace as the SEC’s central clearing mandate for the U.S. Treasuries and Repos take effect through the launch of CME Securities Clearing. We are also expanding into credit markets by introducing maturity-bucketed credit futures that allow participants to target granular segments of the corporate bond market. This focus on pioneering new clearing and credit services positions our team at the center of a generational shift in how global markets function and manage risk. As a Director within Fin RPD, you will act as an expert of the interest rate and credit ecosystems, driving strategy across Treasury and SOFR futures and options while leading the growth of our credit futures suite. Beyond the technical construction of products, you will serve as a premier data storyteller, transforming complex market activity and options volatility into high-impact publications, visualizations, and video content. By bridging the gap between product innovation and real-world market activity, you will help steer the largest asset class at CME Group through a period of record-breaking growth and high-stakes policy action. Business Need: As our global product footprint expands, there is a critical need for a strategic leader to align our sophisticated research output with the rapidly evolving demands of the marketplace. You will act as a key advisor to leadership, navigating the intersection of accelerating business requirements and the complex needs of our diverse client base. In this role, you will be responsible for optimizing our intellectual capital to ensure the seamless execution of high-impact research and product initiatives across the interest rate and credit spectrum. By synthesizing efforts across multiple interest rate asset classes, including Treasury and SOFR complexes as well as our expanding credit suite, you will identify and leverage cross-promotional opportunities that amplify the reach of our benchmarks and clearing services. Your ability to integrate best practices across the organization will be essential in scaling our operations and ensuring that every output reflects the gold standard of CME Group expertise while meeting the rigorous delivery timelines of a world-class marketplace. Responsibilities: Research, design and develop risk management products for listed interest rates products business line management (BLM). This includes understanding and validating client needs, defining product offerings and specification and product modifications to meet regulatory requirements. Identify, coordinating connectivity to the listed rates, OTC derivatives and OTC cash businesses. Develop research themes and author content to support CME Group businesses including analysis, data acquisition and visualization, submission of written internal and external research educational material. Where necessary coordinate with marketing, legal, sales and corporate communications to ensure consistent theme and client reach. Support and extend client-facing analytical tools, reports and data offerings. Ensure product offerings, services and modifications meet regulatory requirements and client needs. Qualification: Knowledge of CME listed interest rate products, ecosystem, and product workings. Deep understanding of cash treasury, money markets, repo and credit market. Proven ability to publish research content. Demonstrated ability to project management across multiple timelines, deliveries, and project teams with a high level of collaboration. Interest and ability to work across asset classes especially Equity Indexes and Crypto markets. Undergraduate degrees include mathematics, finance, economics, computer science with higher level education preferred. Greater than 5 years of relevant work experience. #LI-DD1 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 range for this role is $160,300-$267,100. 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. As the world’s leading derivatives marketplace, CME Group is where the world comes to manage risk. We enable clients to trade futures, options, cash and OTC markets, optimize portfolios, and analyze data – empowering market participants worldwide to efficiently manage risk and capture opportunities. CME Group exchanges offer the widest range of global benchmark products across all major asset classes based on interest rates, equity indexes foreign exchange energy agricultural products and metals. We meet uncertainty and volatility with confidence and clarity, across the trading lifecycle and around the world. Hear more about our employee experience Get a look inside CME Group and see what makes us tick A rewarding career is only the beginning Best Place to Work 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. Additionally, CME Group does not communicate with job applicants over Telegram. Learn more here. For U.S. employment, CME Group is legally required to validate a new hire’s employment eligibility by having them complete an Employment Eligibility Verification (Form I-9) companied with legally acceptable proof of identity and work authorization (as listed on the Form I-9). CME Group uses E-Verify, which is an online system operated by the U.S. Department of Homeland Security in partnership with the Social Security Administration to verify employment eligibility and validate social security numbers. Through participation in the E-Verify program, information entered on Form I-9 will be provided and compared to information available at both of these agencies. See posters below for more details. E-Verify Notice E-Verify Notice Español U.S. Right to Work Notice U.S. Right to Work Notice Español

Director, Financial Research and New Product Development.

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