What are the responsibilities and job description for the Director, Derivatives Analytics & Execution position at Cboe Global Markets?
Job Description:
Building trusted markets — powered by our people
At Cboe Global Markets, we inspire our people to solve complex challenges together because what we do matters. We provide the financial infrastructure that powers the global economy. As a leading provider of market infrastructure and tradable products, Cboe delivers cutting-edge trading, clearing and investment solutions to market participants around the world.
We’re building meaningful ways to support professional and personal development while strengthening the trust we’ve earned as a global market leader. Our teams are empowered to share ideas, actively pursue them and bring on a challenge. As champions of internal mobility and access to opportunity, we encourage our people to “go for it” and equip our managers with the training to coach their teams to the next level. We strive to provide employees a safe space to network, share ideas and create opportunities.
Role Overview
Cboe's US Options business is seeking a Director of Derivatives Analytics & Execution to drive revenue and market share growth across our global derivatives markets. In this high-visibility role, you will leverage deep industry expertise to develop creative, competitive commercial policies that strengthen Cboe's market position.
This role sits at the intersection of data and strategy — producing insight-rich analyses for ad hoc client requests, measuring client efficacy, and generating data-driven recommendations that shape critical business decisions. Success in this position requires exceptional analytical and critical thinking skills, a strong ability to work with complex data and translate it into clear conclusions, and the executive presence to communicate findings effectively to senior management and external clients alike.
Location: Selected candidate must be willing to work a hybrid schedule in our Chicago or NYC office.
Your responsibilities will be:
We value the total wellbeing of our people – including health, financial, personal and social wellness. We believe standard benefits like health insurance and fair pay are a given at any organization. Still, you should know we offer:
We’re reimagining the future of the workplace by focusing on what matters most, our people. Our journey is an inclusive one. We’re investing deeply in leadership programs and career development initiatives that ensure everyone has an equal chance to succeed.
We work with purpose, solving problems with ingenuity, collaboration, and a lot of passion. We’re an engaged and excited team connecting markets across borders and embracing growth in all its forms to achieve incredible outcomes.
Learn more about life at Cboe on our website and LinkedIn.
Equal Employment Opportunity
We're proud to be an equal opportunity employer do not discriminate against any employee or applicant for employment based on any legally protected characteristic, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, genetic information, or Veteran status. We are committed to fostering a workplace where all individuals are valued and respected.
This position is not eligible for visa sponsorship. Candidates must be legally authorized to work in the United States without the need for employer sponsorship now or in the future.
At Cboe, we are committed to providing a competitive, transparent, and market‑informed total rewards program. The anticipated base salary range for this role is $187,000-$275,000, with actual compensation determined by job‑related factors such as skills, relevant experience, education, internal alignment, and location.
This role may also be eligible for annual incentive compensation and, where applicable, participation in Cboe's long-term equity programs.
Additional information about Cboe's total rewards program, including benefits and other compensation components, can be found here: Total Rewards at CBOE.
Any communication from Cboe regarding this position will only come from a Cboe recruiter who has a @cboe.com email or via LinkedIn Recruiter. Cboe does not use any other third party communication tools for recruiting purposes.
Building trusted markets — powered by our people
At Cboe Global Markets, we inspire our people to solve complex challenges together because what we do matters. We provide the financial infrastructure that powers the global economy. As a leading provider of market infrastructure and tradable products, Cboe delivers cutting-edge trading, clearing and investment solutions to market participants around the world.
We’re building meaningful ways to support professional and personal development while strengthening the trust we’ve earned as a global market leader. Our teams are empowered to share ideas, actively pursue them and bring on a challenge. As champions of internal mobility and access to opportunity, we encourage our people to “go for it” and equip our managers with the training to coach their teams to the next level. We strive to provide employees a safe space to network, share ideas and create opportunities.
Role Overview
Cboe's US Options business is seeking a Director of Derivatives Analytics & Execution to drive revenue and market share growth across our global derivatives markets. In this high-visibility role, you will leverage deep industry expertise to develop creative, competitive commercial policies that strengthen Cboe's market position.
This role sits at the intersection of data and strategy — producing insight-rich analyses for ad hoc client requests, measuring client efficacy, and generating data-driven recommendations that shape critical business decisions. Success in this position requires exceptional analytical and critical thinking skills, a strong ability to work with complex data and translate it into clear conclusions, and the executive presence to communicate findings effectively to senior management and external clients alike.
Location: Selected candidate must be willing to work a hybrid schedule in our Chicago or NYC office.
Your responsibilities will be:
- Assist in the development and management of the commercial policy pipeline, actively managing Cboe's competitive positioning by analyzing volume trends, customer usage patterns, and trading behavior.
- Quantify the impact of proposed fee changes, model commercial policy scenarios, and generate creative ideas to optimize revenue and market quality.
- Identify new business opportunities and initiate dialogue with clients and internal partners by delivering targeted one-off and strategic analyses.
- Provide regular updates on pricing initiatives, forecasts, and key performance metrics to senior stakeholders, ensuring transparency and alignment.
- Manage internal processes related to pricing changes, coordinating across cross-functional teams to ensure accurate and timely execution.
- Assess the effectiveness and market impact of new products and functionality, translating findings into actionable recommendations.
- Collaborate with cross-functional teams to design and implement processes that deliver client-centric solutions aligned with business objectives.
- Monitor industry trends, competitive developments, and regulatory changes to proactively anticipate market opportunities and potential challenges.
- Uphold the highest standards of professionalism, integrity, and ethical conduct in all interactions with clients, colleagues, and stakeholders.
- 12 years of experience in US equity or options market structure.
- Expertise in data modeling, statistics, and analysis, with proficiency in SQL, Snowflake, Python and Sigma.
- Advanced skills in Microsoft Excel, Word and PowerPoint.
- Exceptional written and verbal communication skills, with a proven ability to convey complex technical analysis clearly to business audiences and senior leadership.
- Demonstrated ability to influence key decision-makers and build trusted relationships with internal and external stakeholders.
- Innovative problem-solving mindset with the ability to quickly diagnose issues and develop pragmatic solutions.
- Established network and influence within target financial institutions (preferred).
- Self-motivated, results-oriented, and able to thrive in a fast-paced, dynamic environment.
- Ability to work independently while collaborating effectively across cross-functional teams.
- Bachelor's degree in mathematics, finance, statistics, financial engineering, data science, or a related quantitative field (minimum).
We value the total wellbeing of our people – including health, financial, personal and social wellness. We believe standard benefits like health insurance and fair pay are a given at any organization. Still, you should know we offer:
- Fair and competitive salary and incentive compensation packages with an upside for overachievement
- Generous paid time off, including vacation, personal days, sick days and annual community service days
- Health, dental and vision benefits, including access to telemedicine and mental health services
- 2:1 401(k) match, up to 8% match immediately upon hire
- Discounted Employee Stock Purchase Plan
- Tax Savings Accounts for health, dependent and transportation
- Employee referral bonus program
- Volunteer opportunities to help you give back to your communities
- Complimentary lunch, snacks and coffee in any Cboe office
- Paid Tuition assistance and education opportunities
- Generous charitable giving company match
- Paid parental leave and fertility benefits
- On-site gyms and discounts to other fitness centers
We’re reimagining the future of the workplace by focusing on what matters most, our people. Our journey is an inclusive one. We’re investing deeply in leadership programs and career development initiatives that ensure everyone has an equal chance to succeed.
We work with purpose, solving problems with ingenuity, collaboration, and a lot of passion. We’re an engaged and excited team connecting markets across borders and embracing growth in all its forms to achieve incredible outcomes.
Learn more about life at Cboe on our website and LinkedIn.
Equal Employment Opportunity
We're proud to be an equal opportunity employer do not discriminate against any employee or applicant for employment based on any legally protected characteristic, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, genetic information, or Veteran status. We are committed to fostering a workplace where all individuals are valued and respected.
This position is not eligible for visa sponsorship. Candidates must be legally authorized to work in the United States without the need for employer sponsorship now or in the future.
At Cboe, we are committed to providing a competitive, transparent, and market‑informed total rewards program. The anticipated base salary range for this role is $187,000-$275,000, with actual compensation determined by job‑related factors such as skills, relevant experience, education, internal alignment, and location.
This role may also be eligible for annual incentive compensation and, where applicable, participation in Cboe's long-term equity programs.
Additional information about Cboe's total rewards program, including benefits and other compensation components, can be found here: Total Rewards at CBOE.
Any communication from Cboe regarding this position will only come from a Cboe recruiter who has a @cboe.com email or via LinkedIn Recruiter. Cboe does not use any other third party communication tools for recruiting purposes.
Salary : $187,000 - $275,000