Associate Director- Business Development

Chicago Mercantile Exchange Inc. (CME) is the largest futures exchange in the United States and the second largest exchange in the world for the trading of futures and options on futures. As a marketplace for global risk management, our exchange brings together buyers and sellers of derivatives products, which trade on our trading floors, on our GLOBEX electronic trading platform and through privately negotiated transactions. Futures and options provide a way to protect against — and profit from — price changes in financial instruments and physical commodities. In addition, we own our own clearing house and are able to guarantee, clear and settle every contract traded through our exchange. Founded as a not-for-profit corporation in 1898, we became the first publicly traded U.S. financial exchange in December 2002 when the Class A shares of our parent company, Chicago Mercantile Exchange Holdings Inc., began trading on the New York Stock Exchange under the ticker symbol CME. CME has four major product areas: interest rates, stock indexes, foreign exchange and commodities. In 2002, a record 558.4 million contracts with an underlying value of $328.6 trillion changed hands at CME, representing the largest notional value traded on any futures exchange in the world. In addition, we move about $1.8 billion per day in settlement payments and manage $27.4 billion in collateral deposits.Department: Business Development and StrategySchedule: M-F 8am-5pm Overtime as neededJob Description:
The Associate Director in business development will be responsible for both leading and participating as a team member in the identification, prioritization, evaluation and execution of joint ventures, strategic partnerships, acquisitions, licensing arrangements, and other transactions to drive growth. Activities include: Managing deal process and pipeline Business case building including assessment of costs, revenue & strategic implications Developing and working with financial models for various opportunities, typically working with CME Corporate Finance Leading cross-functional due diligence efforts Standardizing evaluation and prioritization frameworks across CME Securing necessary support or approval for resolution Implementing projects and solutions Strategic partner and ongoing alliance management Developing and coaching business analysts and others in the Corporate Development Division Special analytics projects as required The AD will also participate as a team member in many larger corporate development initiatives, including M&A opportunities and transaction processing opportunities. The AD will also participate in strategic planning processes, working with our Strategic Planning group. .We know that our employees play a key role in the success of our company. They take pride in their work and are committed to a job well done. We, in turn, are committed to our employees and compensate their dedication with competitive pay and benefits package. Some of our benefits include: Medical and Dental Plans Retirement Plans Tuition Assistance Program Life and AD&D Plans Income Assistance Program
REQUIREMENTS
The requirements for this position include, but are not limited to the following: 3-5 years commercial transaction experience including JV’s, alliances, joint development, licensing deals, and/or portfolio acquisitions preferably in financial services, trading, exchange, commercial banking, CTA or broker-dealer environment. MBA or similar advanced degree strongly preferred, but substantial relevant experience could substitute. Basic familiarity with strategic transactions (financial modeling, strategic analysis, negotiation skills, etc.) required. Excellent communications and presentations skills Ability to work with high degree of autonomy using good business judgment