CME Group · 5 months ago
Sr Quantitative Development Associate
Chicago - 20 S. Wacker
Full-time
Onsite
Mid, Senior Level
$128K/yr - $214K/yr
4+ years expCME Group is the world's leading and most diverse derivatives exchange. We are seeking a skilled and motivated Quantitative Developer to work in our dynamic and productive Quantitative Risk Management team within the Clearing House of CME, responsible for developing CME's in-house production analytics library and exploring cutting-edge technology to enhance performance.
FinanceFinancial ServicesMarketplaceStock Exchanges
Responsibilities
Code development of new quantitative risk models within the CME C++ production risk library (based on mathematical specifications and research code)
Writing unit and functional test cases and obtaining test data from systems or other groups
Work with the QA teams to ensure correctness not only within the risk library itself but also the integration into the wider system infrastructure (e.g. data integrity, correct usage)
Work with IT teams to help bring the code into production
Agreeing on timelines, milestones, interfaces, required data and their format, and providing documentation and usage assistance to library users
Responsible for code reviews, design discussions and documentation
Collaborate with offshore development teams and coordinate projects to guarantee a timely delivery
Qualification
Required
Very good knowledge of C++ (4+ years of experience)
Possession of good analytical, mathematical, and problem solving skills, with quantitative skills being a plus
Ability to read and understand mathematical and algorithmic specifications
Good knowledge of Java
Good general software development skills, including code documentation
Working knowledge of versioning systems (e.g. git) and development environments (e.g. Visual Studio, Eclipse)
Master (or Doctorate) in Computer Science, Financial Engineering, Financial/Applied/Pure Mathematics, Physics, or a related discipline
Preferred
Cloud experience with GCP/AWS/Azure and/or GPU/CUDA programming
System experience with Linux/Unix environments and/or databases
Latex documentation system
Benefits
Annual target bonus opportunity for all employees
Opportunity to become an owner in the company through our broad-based equity program
Comprehensive health coverage
Retirement package that includes both a 401(k) and an active pension plan
Highly competitive education reimbursement provisions
Paid time off
Mental health benefit
Company
CME Group
CME Group is a diverse derivatives marketplace that manages risk and capture opportunities.
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
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