Director of the Project Management Office (PMO)
Job Description
CME Group is one of the world’s leading operators of derivatives marketplaces, providing risk management, price discovery, and trading services to financial institutions, corporate clients, and investors globally. Its business spans a diverse range of asset classes—including interest rates, equity indices, foreign exchange, energy, metals, agricultural products, and digital assets—connecting market participants worldwide through advanced electronic trading and clearing systems. As the digitalization of global financial markets accelerates, CME Group is actively expanding its digital asset and cryptocurrency derivatives business, offering institutional investors secure, compliant, and efficient risk management solutions for digital assets. The company is committed to fostering the integration of traditional finance with emerging digital financial systems, meeting the evolving needs of the global market through innovative products and technological enhancements. To further support its international growth strategy, the company is set to establish a new business division in Los Angeles. This division will serve as a vital hub connecting North America, the Asia-Pacific region, and the broader global market, with a focus on expanding digital asset derivatives, institutional client services, and global strategic partnerships—thereby accelerating the company’s positioning and development within the next generation of financial markets.
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Job Title: Director of the Project Management Office (PMO)
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Location: Los Angeles, California, USA (Remote / Hybrid)
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Employment Type: Full-Time Department: Project Management Office (PMO)
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Reports To: Chief Operating Officer (COO) or Chief Strategy Officer (CSO)
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Position Overview
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We are seeking an experienced and strategic Director of the Project Management Office (PMO) to lead the development, implementation, and continuous improvement of project management practices across the organization. This role is responsible for establishing project governance standards, overseeing project portfolios, optimizing resource allocation, and ensuring that key business initiatives are delivered on time, within budget, and in alignment with corporate objectives. The successful candidate will collaborate with executive leadership, department heads, and cross-functional teams to improve project visibility, strengthen accountability, manage risks, and drive operational excellence throughout the company.
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Key Responsibilities
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- Establish and oversee PMO policies, governance frameworks, project management standards, and operational procedures across the organization.
- Develop standardized methodologies for project planning, execution, monitoring, reporting, and performance evaluation.
- Oversee multiple projects and strategic initiatives to ensure alignment with business priorities, budgets, timelines, and quality expectations.
- Work closely with executive leadership to prioritize projects, evaluate business cases, and allocate resources according to organizational objectives.
- Monitor project performance through key performance indicators, milestone tracking, budget reviews, and regular progress reporting.
- Identify project risks, resource constraints, scheduling conflicts, and operational challenges, implementing appropriate mitigation strategies.
- Lead and mentor project managers, program managers, and PMO professionals to strengthen project delivery capabilities.
- Coordinate cross-functional collaboration among finance, technology, operations, marketing, and other business departments.
- Prepare executive-level reports, dashboards, and presentations to communicate project status, performance trends, and strategic recommendations.
- Drive continuous improvement initiatives to enhance project management efficiency, transparency, accountability, and consistency.
- Evaluate and implement project management tools, reporting systems, and performance measurement frameworks.
- Ensure that project management activities comply with internal policies, contractual obligations, and applicable regulatory requirements.
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Qualifications
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- Bachelor's degree in Business Administration, Project Management, Operations Management, Information Systems, or a related field; a master's degree is preferred.
- At least 8–10 years of experience in project management, program management, PMO leadership, or strategic operations.
- Demonstrated experience establishing or managing a Project Management Office within a growing or complex organization.
- Strong knowledge of project governance, portfolio management, budgeting, resource planning, and risk management.
- Proven ability to lead cross-functional teams and manage multiple high-priority initiatives simultaneously.
- Excellent analytical, organizational, communication, and stakeholder management skills. Experience with project management platforms, portfolio dashboards, and performance reporting tools.
- PMP, PgMP, or other relevant project management certifications are preferred.
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Compensation & Benefits
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- Competitive Salary: Annual base salary commensurate with experience, qualifications, and geographic location.
- Performance Bonuses: Eligibility for annual performance-based incentives in accordance with company policy.
- Health Insurance: Medical, dental, and vision insurance options for eligible employees.
- Retirement Benefits: Access to a 401(k) retirement savings plan, with employer matching where offered.
- Paid Time Off: Paid vacation, sick leave, and company holidays in accordance with company policy and applicable law.
- Flexible Work Arrangements: Remote or hybrid work opportunities, subject to business requirements.
- Professional Development: Support for relevant certifications, leadership training, and continuing education.
- Executive Collaboration: Opportunities to work directly with senior leadership on strategic business initiatives.
- Technology & Equipment: Company-provided computer and other necessary work equipment.
- Employee Wellness: Access to wellness resources and employee assistance programs, where available.
- Career Advancement: Opportunities for professional growth and advancement into senior operational or executive leadership roles
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