Index Quantitative Analyst

Cboe Global Markets•Chicago, NY

10d•$89,250 - $110,250•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 Analyst level role with the Cboe Global Indices (CGI) team. The team currently researches, designs, and implements new index strategies on behalf of Cboe Global Indices and CGI’s clients. This role includes backtesting and analysis of new derivative strategies, as well as developing methodologies for new index products. This role will provide exposure to derivatives and equities. Location: Selected candidate must be willing to work a hybrid schedule in our Chicago or NYC office.

Requirements

Minimum of 2 years of related experience with a bachelor's degree in Engineering, Mathematics, Computer Science or related field required.
Strong quantitative and programming skills; experience in Python, R and SQL with preference to Python
Experience with written documentation of projects
Experience using Git or other version control software
Familiarity with options pricing, volatility surfaces, or derivatives markets
Strong problem solving skills
Effective interpersonal and communication skills
Self-starter with the ability to manage multiple projects independently and collaboratively

Nice To Haves

Advanced degree preferred.
Exposure to writing APIs to access various databases
Exposure to index construction, factor investing, or systematic strategy research

Responsibilities

Backtesting and methodology creation to support new index strategies
Research, create and support the index development initiatives for Cboe Global Indices with a focus on equities and options
Help build and standardize modular index calculation frameworks in Python, enabling efficient development and maintenance of new and existing indices
Evaluate new data sets for usage in index calculation, looking at data quality, completeness, and fit for index purposes
Participate in client meetings to develop new index concepts, providing direction and analysis to convert client ideas into viable index methodologies
Work collaboratively with other Cboe departments on new index launches, as well as post-launch support

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