Job Description

Mgr Product Owner

Role Summary

The Product Owner (PO) serves as the primary functional lead for a dedicated development POD, focusing on the execution and delivery . This role is responsible for translating the overarching product vision into actionable user stories that unify trade, position, risk, margin, and collateral data. The PO will also manage the technical delivery of Default Management tools, ensuring the systems responsible for member auctions and risk-neutralization are resilient, accurate, and ready for market stress events.

Core Accountabilities & Responsibilities

Backlog Management: Own, refine, and prioritize the Team Backlog. Break down high-level features into granular user stories with clear Acceptance Criteria.
Iteration Planning: Lead the POD through Sprint Planning, providing the "Definition of Ready" for technical tasks and ensuring the team understands the "Why" behind each reporting requirement.
Stakeholder Alignment: Act as the daily bridge between Clearing Risk (the business) and Engineering/Architecture (the builders).
UAT & Validation: Define and coordinate User Acceptance Testing (UAT). Act as the final "gatekeeper" to ensure that data visualizations and risk reports meet the rigorous accuracy standards of a CCP.
Dependency Coordination: Proactively manage cross-POD dependencies to ensure data flowing from upstream Risk or Trade systems is compatible with the Reporting Framework.

Default Management & Risk Integration

Crisis Data Visualization: Work with Risk teams to build dashboards that trigger during a default, specifically focusing on Variation Margin (VM) gains/losses and Initial Margin (IM) erosion.
Auction Tooling: Oversee the development of the "Default Management Portal" used by non-defaulting members to bid on liquidated portfolios.
Fire Drill Support: Ensure the reporting framework can handle the high-velocity data throughput required during mandatory industry-wide default simulations.

Technical Skills & Software Requirements

Domain Knowledge: Solid understanding of Derivatives Pricing, VaR (Value at Risk), and the lifecycle of ETD/OTC trades.
Data Stack: Required proficiency in SQL/Big Query to validate data integrity. Experience with Python or VBA for prototyping reports.
Agile Ecosystem: Expert-level use of JIRA for story mapping, sprint tracking, and reporting velocity/burndown.
Cloud Infrastructure: Familiarity with operating and querying data within Google Cloud Platform (GCP).

Education & Experience

Education: Bachelor’s degree in a technical or quantitative discipline (Computer Science, Financial Engineering, etc.); Master’s preferred.
Experience: 8+ years in financial services, with at least 2+ years specifically in a Product Owner role.
Certification: SAFe PO/PM certification is highly desired.

CME Group: Where Futures are Made

CME Group is the world’s leading 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' unique experiences and skills to ensure that everyone’s perspectives are acknowledged and valued. As an equal-opportunity employer, we consider all potential employees without regard to any protected characteristic.

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