What are the responsibilities and job description for the Default Management Intern - Year Round position at CME Group?
CME Group is currently looking for a Default Management intern.
The Default Management team is a specialized domain within the risk management department of the CME Group. The team performs various risk management tasks and other activities that pertain to managing a default. Default management activities are time critical, varied and sensitive in nature and we develop software solutions to automate these activities.
As an intern on this team, you will be involved in understanding all the aspects of default management, learn how to maintain and support the existing default management tools, and help develop new ones. You will work closely with business leaders to create and deliver solutions that optimize performance and efficiency. You will have the opportunity to apply and hone your finance and risk management skills in a structured program that allows you to work side-by-side with, and learn from, those who are thriving in this exciting and growing field. This role will be part time during the school year and full time during the summer.
Principal Accountabilities
- Understand the business (default risk management) and its requirements.
- Design, develop, and test various risk management tools.
- Streamline and automate the workflow by introducing new and improved procedures.
- Support default management drills.
Skills / Software Requirements
Education
CME Group is committed to offering a competitive pay package for our employee interns. The annualized salary range typically applicable to our intern roles is $48,200-$80,400. Actual pay offered will be dependent on a wide array of factors including but not limited to : relevant experience, skills, education, location of the internship, and the internship area of focus. Through our Benefits program, we offer our employee interns the opportunity to participate in select offerings. This includes our comprehensive health coverage and a mental health benefit.
CME Group : Where Futures are Made
CME Group is the world's leading and most diverse 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' 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.
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.
Salary : $48,200 - $80,400
