Position Description:
This is a position within the CME Group’s Regulatory & Exchange Business Systems department’s QA group. The application portfolio addresses a wide variety of business users that each directly supports a key business initiative. As such, this is an excellent place to learn the business.

For example, our fee systems apply the pricing rules defined by our products & services groups to each day’s transaction set to determine total transaction fees. Collectively this generates over 80% of our revenue. The rules vary widely & are frequently updated. Transaction volumes number in the millions per day & there are stringent performance/reliability obligations. Our regulatory surveillance & oversight applications apply equally sophisticated rules to monitor trading compliance. They also involve extensive data mining. Our staff support systems provide the glue for virtually all CME Group systems as they maintain our customer information data as well as support related applications such as trading floor booth management & trading position limit controls. All systems have graphical front-ends as well as asynchronous & relational database components. This position is targeted to focus on the fee systems & its related system impacts.

The successful candidate will work in a team environment with other QA & development staff to develop a project’s test plan, test cases, test data & expected results. The candidate will learn not only the business but the enabling technology used in each application & current best QA practices for functional & performance testing. The candidate will execute the planned test cases against the various development builds, generate build assessments, log, track issues & automate the cases to feed into an integrated regression test framework.