Default Management Intern - Year Round

CME Group is currently looking for a Default Management Intern. The Default Management team is a specialized domain within the risk management department. The team develops software solutions to automate time‑critical, varied and sensitive default‑management activities.

• Understand the business (default risk management) and its requirements.
• Design, develop, and test various risk‑management tools.
• Streamline and automate workflows by introducing new and improved procedures.
• Support default‑management drills.

• Basic knowledge of derivative products (swaps, futures, options) across multiple asset classes (energy, metals, fixed income, etc.).
• Proficiency in Excel.
• Working knowledge of Python, VBA, and SQL (preferred).
• Excellent problem‑solving skills.
• Excellent written and verbal communication skills.

• Currently pursuing a Master’s degree in Finance or a related field.
• Legal authorization to work in the United States; sponsorship is not available.
• Local to New York.
• Availability:
  Part‑time (20 hours) during the school year, full‑time (40 hours) during the summer.

CME Group offers a competitive pay package for interns, typically ranging from $23.84 to $39.71 per hour. Pay is determined by experience, skills, education, location, and internship focus. Interns are eligible for select benefits such as comprehensive health coverage and a mental health benefit.

As an equal‑opportunity employer, CME Group considers all potential employees without regard to any protected characteristic.