Director, Derivatives Analytics & Execution

Cboe Global Markets•Chicago, IL

20h•$187,000 - $275,000•Hybrid

About The Position

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.

Requirements

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.
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).

Nice To Haves

Established network and influence within target financial institutions (preferred).

Responsibilities

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.

Benefits

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