Working at CME Group | Glassdoor

CME Group Overview

Chicago, IL
1001 to 5000 employees
2007
Company - Public (CME)
Finance
$2 to $5 billion (USD) per year
CME Group is the world’s leading and most diverse derivatives marketplace – where the world comes to manage risk, providing industry-leading derivatives products, services and technologies to the global financial marketplace. For nearly two centuries, CME ... Read more

Company Updates

  • For our 12th annual Community Service Day, 30 CME Group employees joined families of two future Habitat for Humanity homeowners, and headed to Chicago’s West Pullman neighborhood to pick up hammers, nails and table saws to construct homes.

  • So happy for our President of Clearing, Kim Taylor, for beating the industry record of the annual IDX Gala Kilt Challenge. #KimsKiltChallenge raised nearly £14,000 for Futures For Kids. http://glassdoor.com/slink.htm?key=vQtNP

See AllSee All

CME Group – Why Work For Us?


Push Industries. Not Papers.  

Working at CME Group offers you the opportunity to impact global financial markets every day – whether you work on our industry-leading technology and risk management services, our benchmark products or in a corporate services area that helps us serve our customers better. 

With 2,500 employees located around the world, we’re small enough for you and your contributions to be known.  But big enough for your ideas to make an impact.  The pace is dynamic, the work is unlike any other firm in the business, and the possibilities are endless.


Problem solvers, difference makers, trailblazers. Those are our people. And we’re looking for more. Our employees have propelled us to unparalleled success in our industry, and we want to hear from you if you have the skills, creativity and drive to join our team and help grow our business for the future. 

 
CME Group Center for Innovation 

Innovation has always been a driving force for the exchanges that form CME Group: CME, CBOT, NYMEX, and COMEX. We have continually embraced change and fostered an entrepreneurial spirit that has enabled both our exchanges – as well as the futures industry – to grow and prosper. We know from firsthand experience that innovation can transform business, influence the direction of civilization and alter its reality for the better.

But creative thinking and great ideas cannot exist in a vacuum – they benefit and gain momentum by being spread far and wide. Recognizing this, in 2003 CME founded the CME Center for Innovation – now called the CME Group Center for Innovation (CFI).

The CFI creates and sponsors thought-provoking original programming that identifies, showcases and fosters examples of significant innovation and creative thinking across multiple industries in both the public and private sectors. Each of the programs explores and communicates the principles behind innovation, and more importantly, showcases their application to a broad and diverse audience.

The CFI's programs help advance the application of innovation by providing a broad, multi-industry analysis of the concept. The CFI is interested in evaluating not only the principles behind innovation, but in taking a strong, hard look at innovation in action.

At CME Group, we value being a good corporate citizen and taking an active role in social responsibility across the communities where we work and live.

In 2016, CME Group contributed more than $8 million through our charitable programs and foundations. Our community outreach program, Amicus, engaged our employees and members in volunteer opportunities totaling more than 3,000 hours of service. Community relations committees, made up of CME Group employees, organized volunteer initiatives in our Chicago, New York, London, Belfast, Bangalore and Singapore offices and worked to establish new charitable relationships with local partners.

We are proud to be a socially responsible organization that dedicates time and resources to corporate citizenship, and we look forward to continuing to make a difference through our global outreach.


Corporate Philanthropy 
undefined

CME Group supports many philanthropic causes through charitable grants from our two foundations.


Community Outreach undefined

Through our community involvement, we create opportunities for those in our exchange community to make a difference.


Sustainability undefined

Discover how CME Group supports sustainability and stewardship in our environment, workplace, and workforce.


For a detailed report on our 2016 Corporate Citizenship please visit http://www.cmegroup.com/company/files/corporate-citizen-report-2016.pdf.  


Working at CME Group provides more than a paycheck.  Employees benefit from a total rewards program that is market competitive, emphasizes performance and helps us attract and retain the industry's highest achievers.  Supporting our employees in every stage of their lives and careers is an important way we show how much we value the contributions they make to the business. 

Compensation

Our compensation programs align employee rewards with shareholder interests and emphasize our pay-for-performance philosophy.

In addition to market competitive base pay, all employees are eligible for short-term incentives in the form of our annual bonus program, which is tied to achievement of the company’s financial goals and strong individual performance. We also offer a spot bonus program to reward employees who make exceptional contributions to the business throughout the year.

Through our broad-based equity program, employees at more senior levels are eligible for annual equity awards, while all other employees are eligible for discretionary equity awards based on individual performance. In addition, we offer employees the opportunity to purchase CME Group stock at a discount through our employee stock purchase plan.

Our Excellence Award program also provides spot bonuses to employees who make exceptional contributions to the business in strong alignment with our values. 

 

In addition to compensation, we offer a wide range of benefits designed to support our employees’ health and wellbeing, retirement needs, professional development, and work/life balance.

Paid Time Off / Vacation

CME Group offers a competitive time off program (a PTO program in the U.S. and a traditional vacation and sick program for international employees) in addition to a generous holiday schedule. We also offer a work/life balance program that allows employees to take advantage of flexible work arrangements such as working remotely.

Continuous Learning

CME Group employees are part of a learning organization.  We are committed to ensuring that everyone who works here has the resources and support they need to succeed in their jobs, understand developing trends in the marketplace and achieve their career aspirations.

In addition to learning on the job by performing challenging work and collaborating with smart people, we provide a variety of benefits to help employees grow their expertise, including tuition reimbursement for continuing education costs. Additionally, we offer onsite professional development training courses, access to external seminars and technical skills training, as well as an integrated series of leadership development programs to prepare employees for each stage of their careers.

Other Benefits

CME Group offers an Employee Assistance Program (EAP), which provides confidential counseling sessions to discuss personal and family issues, including legal counseling and child/elder care matters.

This service provides employees and their families with child care resource referrals and educational information on topics such as health, work and finances.

CME Group also provides business travel accident insurance for all employees that provides benefits coverage when traveling on company business.

CME Group offers our U.S.-based employees a competitive benefits package that includes the following offerings:

  • A variety of competitive medical plan designs and pricing options for employees and their eligible dependents (including domestic partners)
  • Competitive dental and vision benefits
  • 401(k) Plan that includes employer match, online financial advice and Roth 401(k) feature
  • Active cash balance pension plan that CME Group contributes to on employees’ behalf
  • Disability insurance; basic and voluntary life insurance (including dependent life insurance)
  • Flexible spending accounts and commuter benefits
  • Parental leave benefits
  • Adoption assistance to help parents cover the cost of adopting a child
  • Company wellness program with incentives including discounted medical premiums and a variety of onsite prevention and screening programs
  • Additional voluntary benefits such as pet insurance, identity protection and primary care/concierge medical membership

Internationally, CME Group offers a competitive and comprehensive benefits package that is aligned with local best practice and includes the following offerings*:

  • Medical insurance for employees and their families
  • Competitive dental and optical coverage
  • Life insurance, disability and sickness insurance
  • Competitive retirement benefits
  • Company-subsidized gym membership
  • Parental leave benefits
  • Health assessments / wellness provisions
  • Additional voluntary benefits depending on location

 

*Benefit offerings vary by regions.

Rotational Analyst Program

CME Group recruits and develops future leaders through our Rotational Analyst Program. The program provides a unique opportunity to learn our business from a cross-functional perspective.

Over a span of two years, participants gain a broad base of experience in the financial services industry as they complete six-month rotations in four of CME Group’s core business units, including Clearing, Finance, Legal & Regulatory, Global Operations, Products & Services, Strategy & Execution, and Technology.  After that time, analysts will work with our Human Resources department and their mentors to pursue a full-time role as a senior analyst within any of the particular business units listed above. 

"CME Group’s Rotational Analyst Program is an exceptional opportunity that allows an analyst to learn across all the business units. It opens the door to not only learn from some of the most intellectual individuals in the business, but also to work alongside them in day-to-day operations. Having the ability to rotate across various departments has challenged me to expand my knowledge of the business, allowed me to develop lasting relationships and given me insight into areas I may have never been exposed to otherwise. The Rotational Analyst Program is truly a unique and positive experience."

— Kaitlin Meyer, Retail Client Development & Sales (University of Chicago, Class of 2010)


Location

Rotation assignments will most likely take place in our Chicago Loop locations.


Qualifications

We’re looking for smart, motivated individuals with diverse educational backgrounds to help drive our future success and share in our collective achievements. Candidates should have:

  • Strong written and verbal communication skills
  • The ability to learn quickly and a demonstrated ability to work in high-pressure situations
  • Desired GPA of 3.5 or above
  • A completed bachelor’s degree by the start of the program (all majors accepted)


Mentorship

To ensure that rotational analysts get the most out of the program, they are a paired with a mentor who serves as their advisor. Mentors are employees at leadership levels who have the appropriate networks and institutional knowledge to help participants grow their expertise.  For the first rotation, analysts are assigned to work in their mentor’s division.  For subsequent rotations, they will work with their mentor and CME Group management to determine the best fit depending on their preferences and abilities, as well as project availability.

CME Group Reviews

3.4
StarStarStarStarStar
Rating TrendsRating Trends
Recommend to a friend
Approve of CEO
CME Group Chairman and CEO Terry Duffy
Terry Duffy
38 Ratings
  • Featured Review

    Helpful (2)

    "Fostering a Culture of Innovation, Collaboration and Empowerment"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Chicago, IL
    Current Employee - Anonymous Employee in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at CME Group full-time (More than 5 years)

    Pros

    Fostering a spirit of innovation is something that CME Group excels in; I have been here for several years, and it is exciting and fulfilling to see new strategies and activities launched for employees to help them bring new ideas to life.

    The collaborative nature of the organization, as well as the ability to take ownership of projects without any micro-management, are two key attributes that keep me at CME Group. I feel that I can grow my career here because I am enabled to run with ideas or projects, but can leverage teamwork and collaborating with smart people to help set me up for success.

    Last year, I told my boss that I needed more collaboration and strategy in my day to day work to feel engaged, and he was able to put me on projects with visibility across divisions - I finished the year with a restored energy for my job.

    Cons

    You need to ask for something if you want it; don't just assume management knows what you need to be successful.

See All 532 Reviews

CME Group Photos

CME Group photo of: Come visit us at career fairs across Illinois
CME Group photo of: Our annual service day was with Habitat for Humanity
CME Group photo of: Employees get ready for our annual service day
CME Group photo of: Washington Irving Elementary has been our adopted school for 11 years
CME Group photo of: One of our employees volunteers at our adopted school Washington Irving
CME Group photo of: Our employees in Singapore join our Pink Fridays
See All PhotosSee All

CME Group Interviews

Experience

Experience
66%
20%
12%

Getting an Interview

Getting an Interview
29%
24%
18%
13
6
4
2

Difficulty

2.8
Average

Difficulty

Hard
Average
Easy
  1.  

    Software Engineering Interview

    Anonymous Interview Candidate in Chicago, IL
    No Offer
    Neutral Experience
    Average Interview

    Application

    I applied online. I interviewed at CME Group (Chicago, IL).

    Interview

    Dropped resume at career fair and applied online shortly after. About a week later, a recruiter reached out to me and we scheduled an interview. I was very sick at the time of my scheduled interview and the recruiter was very kind and rescheduled (unlike Groupon). I only had a phone screen. During the phone screen, I walked them through my resume and had a simple coding question.

    Interview Questions

    • It had to do with sets, reversing strings. The details are fuzzy. It wasn't too bad, but I wasn't prepared. I'm sure the interview questions after the phone screen are more difficult.   Answer Question
See All 172 Interviews

CME Group Awards & Accolades

  • Exchange of the Year, Risk Magazine's Risk Awards, 2016
  • Best Futures Exchange, Markets Media Markets Choice Awards, 2016
  • Exchange of the Year, GlobalCapital / Asiamoney – Regional Capital Markets Awards, 2016
  • Most Valuable Stock Exchange Brand, Brand Finance, 2016
  • Exchange of the Year, Global Investor Magazine, 2016
See More

Work at CME Group? Share Your Experiences

CME Group
  • Star
  • Star
  • Star
  • Star
  • Star
 
Click to Rate
or