Trade Practice Investigator

The Market Regulation Department of CME Group is responsible, in part, for satisfying statutory and regulatory provisions associated with operating designated contract markets. Market Regulation Trade Practice Investigators preserve the welfare and dignity of the CME Group exchange by safeguarding its markets from abuse. To ensure compliance with CME Group exchange rules, the investigations team uses proprietary trade practice surveillance tools and other resources at its disposal to monitor CME Group markets for evidence of abusive, disruptive, or illegal activity;

to detect and prevent manipulative behaviors; and to conduct trade practice investigations. Entry‑Level Investigators begin their careers by undergoing extensive training and working closely with their more experienced colleagues to develop the skills necessary to conduct high‑quality investigations with minimal supervision.

• Exposure to a superior array of products and a best‑in‑class regulatory department.
• A corporate culture that promotes professional development and career advancement.
• The ability to impact the markets directly by keeping them open, fair, and transparent.
• The opportunity to collaborate within functional areas and across departments.
• Competitive salary and comprehensive benefits package.

• Perform timely program reviews to detect potential trade practice rule violations such as spoofing, washing, acting on non‑public order information and/or violating the priority of customer orders, and failing to comply with reporting and/or record‑keeping requirements.
• Evaluate complaints from market participants and conduct independent research, both ad hoc and structured, for evidence of potential rule violations.
• Conduct comprehensive investigations (i.e., cases) into the potential trade practice rule violations identified through program, complaint, and research reviews.
• Take recorded statements from the subjects of and witnesses for the investigations.
• Communicate the results of analyses and recommend the appropriate disposition to Investigations management.
• Produce concise, but thoroughly grounded, argumentative reports for a select audience, including Investigations management and Enforcement counsel as appropriate.

• A bachelor’s degree from a four‑year, accredited institution; advanced or professional degrees a plus.
• One - three years direct work experience at an exchange, regulatory organization, or Futures Commission Merchant preferred; open to recent, high‑performing college graduates with relevant or transferrable skills and experiences.
• Experience working with large data sets.
• Strong to exceptional analytical, quantitative, and critical thinking skills.
• Strong oral and written communication skills.
• Strong organizational, time management, and problem‑solving skills.
• Ability to work independently in a fast‑paced work environment.
• Intermediate to Advanced MS Word and MS Excel;
  Python, R, and/or Data Visualization a plus.

• Pay range for this role is $63,500-$105,800.
• 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.
• 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.
• Mental health benefit.
• CME Group offers a holistic benefits package for our team and their dependents.

The Market Regulation Department…