CME Group’s Corporate Strategy & Business Development division is at the forefront of steering the corporation's strategic trajectory with a keen focus on organic and inorganic growth initiatives. This team works closely with senior leadership across all departments (e.g. Sales, Business Line Management, Technology, Clearing, Legal, Research & Development, FP&A, etc.) to identify short and long-term growth opportunities, as well as solve critical business challenges. Charged with the mission of driving corporate expansion and strategic alignment across CME Group stakeholders, the team excels in the art of crafting, fine-tuning, and delivering recommendations to senior leadership and CME’s Board of Directors.

This role will assist in framing, analyzing, and recommending choices for the enterprise. The individual will assist in the development of short and long-term strategies for various business areas within the organization by researching, analyzing, and compiling qualitative and quantitative information in a concise and high-quality manner for presentations and discussions with senior management and business leaders. The individual will also be assisting in research and analysis of potential merger & acquisition opportunities, strategic partnerships, and other commercial opportunities.

The Corporate Strategy and Business Development Intern will be expected to take initiative, work independently, and participate in cross-functional teams to produce high-quality work.

Corporate Strategy and Business Development Intern:

Responsibilities:

• Assist in researching multiple topics for strategic initiatives: Conduct market research, synthesize findings, and work with senior team members to propose recommendations that shape company and product strategy through presentations and detailed analysis.

• Investigate and provide analysis of competitors, partners, business models, market sizing, and industry trends.

• Assist in deriving strategic conclusions and recommendations by analyzing qualitative and quantitative information.

• Investigate and provide analysis of recent merger and acquisition (M&A) activity, venture funding, and market trends. Conduct market landscape analyses and reviews of companies of potential interest.

• Assist in the analysis of potential external opportunities (mergers & acquisition, joint ventures, commercial partnerships, etc.) through data gathering and sometimes financial modeling. Analysis could also include Discounted Cash Flows, Trading Multiples, and Comparable Transactions modeling.

• Assist in other ad hoc projects including comps repository build out, strategic sourcing pipeline, and competitor profile benchmarking.

• Develop understanding of key products and business functions within CME Group.

Skills / Software Requirements:

• Strong analytical skills essential; financial modeling experience helpful but not required.

• Strong Microsoft Word, Excel and PowerPoint or Google Workspace skills required.

• Familiarity with Bloomberg terminal and/or S&P Capital IQ is a plus

• Excellent written and verbal communication skills.

• Self-starter with the ability to work/collaborate effectively within a team.

• Motivated to learn more about, and potentially pursue a career in, the financial services industry.

• Relevant coursework (e.g., finance, strategy, data analysis) is a plus.

Education:

• Minimum GPA of 3.0

• Interested applicants across academic disciplines with strong analytical skills and an interest in exploring finance are encouraged to apply. Preferred majors: Finance, Business, Math, International Relations, Economics, Data Science (with a business focus).

Location and Hours:

• Internship is local to Chicago, IL.

• Up to 40 hours per week with a flexible work schedule

#EarlyCareers

CME Group is committed to offering a competitive pay package for our employee interns. The annualized pay range typically applicable to our intern roles is $21.10--$35.14. Actual pay offered will be dependent on a wide array of factors including but not limited to: relevant experience, skills, education, location of the internship, and the internship area of focus. Through our Benefits program, we offer our employee interns the opportunity to participate in select offerings. This includes our comprehensive health coverage and a mental health benefit.

CME Group : Where Futures are Made

CME Group is the world’s leading and most diverse 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' diverse experiences, cultures and skills, and work to ensure that everyone’s perspectives are acknowledged and valued. As an equal opportunity employer, we recognize the importance of a diverse and inclusive workplace and consider all potential employees without regard to any protected characteristic.

Important Notice: Recruitment fraud is on the rise, with scammers using misleading promises of job offers and interviews to solicit money and personal information from job seekers. CME Group adheres to established procedures designed to maintain trust, confidence and security throughout our recruitment process. Learn more here .

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 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.

Important Notice: Recruitment fraud is on the rise, with scammers using misleading promises of job offers and interviews to solicit money and personal information from job seekers. CME Group adheres to established procedures designed to maintain trust, confidence and security throughout our recruitment process.

Learn more here: https://www.cmegroup.com/careers/files/recruitment-fraud-notice.pdf