Financial Manager required for CME Group

Financial Manager

• Company

  CME Group

• Location

  New York City, NY

• Compensation

  Market

• Position Type

  Permanent

• Employment type

  Full time

• Updated

  Jun 14, 2013

 We are seeking an individual who will take on the responsibility of the cash flow projection and analysis on a monthly basis.   They will also assume the responsibility of controlling and submitting all monthly bank fees and investment income accruals. In addition, this individual

 We are seeking an individual who will take on the responsibility of the cash flow projection and analysis on a monthly basis.


They will also assume the responsibility of controlling and submitting all monthly bank fees and investment income accruals. In addition, this individual will be involved with negotiating fees and optimizing banking and custody services across all CME Clearing's banking relationships in order to optimize associated expenses.


Individual will be tasked with the enforcement of the Clearing House Investment Policy guidelines within the Banking Group.


Must take the lead to drive improvements with the cash management process also ensuring financial obligations are met in accordance with CME policies and procedures, and aligned with proper segregation of funds treatment(s) according to CFTC regulations.


Responsibilities include the management of both FX and USD cash balances for investment purposes. This individual will also be responsible for developing a comprehensive and detailed listing of bank fee comparisons and also the exploration of bank fee reduction.
Quarterly earnings reports must be created, reviewed and distributed to Sr. Management staff members.


Perform maintenance of various internal C-21 systems. Individual will also be involved with testing efforts on current and new initiatives.


Direct and lead the discussion in scheduled weekly meetings with banking group staff to review the prior week's cash balances and investments. Prepare to change investment procedures if necessary with supporting documentation.


Strong writing and verbal communicative skills is a must. They should also possess excellent inter-personal skills.


Ability to work in a team oriented environment across all business groups within the CME.


Bachelors or Master's degree in Finance and a minimum 5-7 years of work experience with specific experience in cash management preferred.