Investigator

Cboe Global Markets•Chicago, IL

9h•$72,250 - $89,250•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. Location Overview Cboe HQ is located in the historic Old Post Office district, it’s a landmark that blends classic architecture with modern amenities. The building features expansive spaces with high ceilings and large windows, offering an abundance of natural light and panoramic views of the city skyline and the Chicago River. With its prime location in the heart of downtown, the OPO Building provides easy access to major transportation hubs, including Union Station and multiple CTA lines, making it convenient for commuters. The building is home to a variety of amenities, including restaurants, a fitness center, and collaborative workspaces, creating a vibrant and dynamic work environment in one of Chicago's most iconic areas. Role Overview The Investigator will perform examinations, operate surveillances, and conduct investigations into possible violations of Cboe Futures Exchange (CFE) and Commodity Futures Trading Commission (CFTC) rules and regulations governing Exchange activity.

Requirements

Bachelor's Degree in Economics, Business, Finance or related field
2+ years relevant experience in a regulatory or compliance environment
Working knowledge of derivatives markets and relevant rules and regulations
Excellent oral and written communication skills.
Excellent interpersonal skills
Self-motivated and able to successfully complete projects on time working both independently and within a team
High level of organization and attention to detail
Strong analytical skills and the ability to apply quantitative and qualitative analysis
PC skills required; working familiarity with MS-Office suite, including Excel or similar products
Must demonstrate a solid understanding of the fundamental factors that influence the price of Exchange contracts

Nice To Haves

Experience working with Tableau JIRA and SMARTS a plus
Experience with relational databases (SQL, VBA, Access) preferred
Experience in computer science, mathematics, data analytics, statistics, informatics, economics, or similar concentration
Experience or coursework in computer science, mathematics, data analytics, statistics, or informatics a plus

Responsibilities

Perform regular in-depth and timely surveillance of TPH organizations, understand the business model and risks presented by the TPH and identify potential financial and operational difficulties. Review and analyze regulatory filings and other data obtained from TPH organizations. Use in-house systems to conduct intra-day and monthly review of financial data submitted. Record results of reviews and determine what issues noted during daily and monthly surveillance need to be escalated and further investigated.
Act as a Subject Matter Expert for various financial areas.
Act as a liaison and communicate continuously with assigned TPH firms. Address questions, handle requests and provide interpretations of CFE and CFTC rules in accordance with Regulatory Division policy.
Act as a liaison and communicate with the Options Clearing Corporation (OCC) the cleaning house for CFE to assess and monitor the financial condition of clearing members and the protection of customer funds.
Produce summary reports related to a TPH’s financial stability and performance
Perform detailed analysis of trade data, upon request, in order to isolate areas of regulatory concern.
Build and maintain a thorough understanding of CFE and Cboe’s trading and regulatory environment, as well as the broader futures and securities industry.(markets, products, relevant rules and regulations, technologies and systems, processes and operational methodologies, and investigative techniques). Actively participate in training/continuing education opportunities and meetings, including annual ethics training.
May conduct investigations, pre-membership reviews, and assist in Cboe oversight of regulatory program.
Conduct examinations of CFE Trading Privilege Holders’ (TPH’s) books and records, supervisory procedures, compliance, order messaging and Internal Controls to determine adherence with Exchange Rules
Design and operate Exchange surveillances to detect violations of CFE rules
Independently perform analysis of market data and trading activity to detect possible violations of Exchange rules and regulations
Investigate possible violations of rules governing trading activities. Independently manage investigative cases from inception to conclusion, completing investigations in a timely manner
Build and maintain a thorough understanding of CFE's trading and regulatory environment, as well as the broader futures industry.
Actively participate in discussions, problem solving training/continuing education opportunities and meetings and participate in special projects as assigned
Analyze evidence (data and information) to make determinations regarding whether the activity in question was violative. Perform thorough research, collect evidence and conduct fact-finding interviews of market participants and witnesses. Evaluate evidence to conclude sufficiency with respect to suspected violations
Evaluate regulatory precedent to determine whether non-disciplinary or disciplinary actions are warranted. Recommend appropriate disposition to management for review
Prepare clear and cohesive case reports detailing findings to management and disciplinary committees. Present work that is complete and requires minimal revisions
Assist Cboe Enforcement with formal disciplinary proceedings, such as prosecution or settlement
Participate in special projects as assigned.

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
Paid Time Off