Chief Clearing Officer

CME Group About Us Welcome to CME Group Los Angeles – the new strategic location on the West Coast of a leading global derivatives exchange group. Officially launching in February 2026, we are committed to pioneering the next phase of digital finance, focusing on digital asset management, derivatives trading, and short-term cryptocurrency trading.Here, we blend the deep expertise of traditional financial markets with the innovative power of emerging technologies to build an efficient, secure, and transparent digital asset ecosystem. As a global leader in risk management and market innovation, CME Group is redefining the boundaries of finance with technology and insight – and our Los Angeles subsidiary will serve as a key bridge connecting traditional capital with the future digital economy.Our team comprises top talent in fintech, quantitative trading, blockchain technology, and digital asset research, driven by a culture of agility, innovation, and excellence, continuously propelling global markets forward.Joining CME Group Los Angeles means standing at the forefront of global financial innovation, working alongside industry leaders, and injecting new energy into the future of markets.Job Title: Chief Clearing Officer (CCO)Industry: Investment Management / Digital Assets / Fintech / Derivatives TradingJob OverviewWe are seeking a Chief Clearing Officer (CCO) with exceptional professional skills and systematic thinking to join our newly established innovative digital finance subsidiary in Los Angeles.Based on the robust architecture of the traditional financial system, the company is committed to building an institutional-grade digital finance platform integrating asset management, derivatives trading, quantitative risk control, asset custody, and clearing and settlement.As a core member of the senior management team, you will lead the design of the company's clearing and settlement system, the construction of its risk control architecture, and cross-market liquidity management, ensuring that all transactions are completed efficiently, securely, and compliantly.Your work will directly impact the platform's system stability and market trust, a key pillar of the company's long-term stable operation.Key ResponsibilitiesOverall responsibility for the company's clearing and settlement processes across all types of transactions (including derivatives, spot trading, and digital assets);Establish and maintain an efficient and secure clearing system to ensure smooth settlement of funds and assets across multiple trading platforms;Work closely with exchanges, custodians, banks, and regulatory agencies to ensure all transactions comply with international clearing standards;Develop and optimize the company's clearing policies, margin system, and risk mitigation mechanisms;Supervise the clearing department's operational processes to ensure timely and accurate fund transfers and account reconciliation;Implement comprehensive operational risk management and internal control mechanisms to prevent systemic clearing risks;Guide the team in using advanced clearing technologies and automated systems to improve settlement efficiency and transparency;Provide regular clearing reports and risk assessment analyses to the board of directors and senior management.Job RequirementsBachelor's degree or above in finance, economics, accounting, mathematics, or a related field; Master's degree preferred;Over 20 years of experience in financial clearing, risk control, or back-office operations management, including at least 15 years in a leadership position;Familiar with the business operations of CME, ICE, NASDAQ, DTCC, or similar clearing institutions;In-depth understanding of derivatives markets, margin systems, collateral management, and cross-market settlement mechanisms;Excellent systematic thinking, analytical skills, and resilience under pressure;Familiarity with blockchain, digital asset clearing, and custody technologies is preferred;Experience in collaborating with international financial institutions or regulatory bodies is preferred.Compensation and BenefitsIn addition to a highly competitive base salary, we offer top-tier incentives and exclusive benefits for our core executives:Stock dividends and Long-Term Incentive (LTI) plan401(k) retirement plan with company matchingMonthly performance bonus + annual performance bonus + year-end bonusFull medical insurance, life insurance, and premium medical servicesTax optimization benefits and wealth planning supportInternational education support for children and family support programOpportunities to participate in international financial conferences and cross-border project management experienceJoin UsAs Chief Clearing Officer, you will be the guardian of the company's trading system's stability and compliance,leading innovation in clearing technology and the improvement of systems,and jointly building an efficient, secure, and transparent next-generation clearing and settlement network on the global digital asset and derivatives market stage.