Regulatory Advisor

Cboe Global Markets•Chicago, IL

2d•$135,575 - $175,450•Hybrid

About The Position

The Regulatory Advisory and Interpretation Department supports the Regulatory Division by coordinating communications with the SEC, CFTC, and other government agencies; evaluating the regulatory impact of proposed rule filings and circulars; developing and maintaining Division policies and procedures; overseeing the Exchange’s regulatory interpretations process; and organizing the Division’s training program. The Regulatory Advisor reports to the Deputy Chief Regulatory Advisor. The role supports the regulatory interpretations process and develops and writes Regulatory Division policies and procedures for Cboe-affiliated U.S. Exchanges, including Cboe Options, C2 Options, BZX, BYX, EDGX, EDGA, CFE, and Cboe SEF. It also coordinates reviews of rule filings for regulatory program impact, drafts and reviews member communications, and supports other Regulatory Division assignments. This role follows a four-day in-office work model at Cboe’s Chicago headquarters. The position is not eligible for visa sponsorship; candidates must be authorized to work in the United States without current or future employer sponsorship.

Requirements

Bachelor’s degree and Juris Doctorate, or foreign equivalent.
Active license to practice law in any U.S. state.
At least 3 years of experience at a law firm or corporation in a specialty related to securities exchange and/or derivatives markets regulation and compliance, other regulatory matters, or related fields of law.
General knowledge of the securities industry, derivatives markets, and/or related rules and regulations, including SEC, CFTC, Cboe-affiliated U.S. Exchange, and/or other SRO rules and regulatory requirements.
Knowledge of exchange data structures and regulatory design, including some systems elements.
Experience writing policies, procedures, and/or technical documentation.
Experience independently managing projects.
Ability to communicate effectively orally and in writing and interact effectively with internal and external contacts.
Ability to work independently and cooperatively in groups, support coworkers, balance team and individual responsibilities, remain open to others’ views, and give and receive feedback.
Ability to organize and prioritize work, manage time effectively, handle multiple tasks accurately and to a high standard, adapt to changing priorities, and meet deadlines.

Responsibilities

Serve as a resource for the Division’s Regulatory Interpretations program by researching questions and applicable rules and requirements, and communicating responses verbally or in writing.
Independently develop or collaborate with internal and external subject-matter experts to create Regulatory Division documentation.
Review, draft, and revise Division policies, procedures, training materials, and other documents.
Assist in reviewing policies and procedures of the Division’s service providers, including surveillance, investigation, and examination procedures.
Draft circulars and educational materials related to rules and rule interpretations.
Prepare responses to regulatory information requests, including requests from the SEC and CFTC.
Build and maintain knowledge of the Exchanges’ regulatory environment, rules and regulations, technologies and systems, processes, operational methodologies, and investigative and examination techniques.
Monitor regulatory developments that may affect regulatory programs and keep others informed.
Execute projects independently and deliver work within established timeframes.
Handle sensitive and complex issues with discretion and good judgment, and interact professionally with individuals across the organization.
Provide advisor support for other Regulatory Division activities.

Benefits

Fair and competitive salary and incentive compensation, with potential upside for overachievement.
Generous paid time off, including vacation, personal and sick days, and annual community service days.
Health, dental, and vision benefits, including telemedicine and mental health services.
2:1 401(k) match, up to an 8% match immediately upon hire.
Discounted Employee Stock Purchase Plan.
Tax Savings Accounts for health, dependent care, and transportation.
Employee referral bonus program.
Volunteer opportunities.
Complimentary lunch, snacks, and coffee in Cboe offices.
Paid tuition assistance and education opportunities.
Company match for charitable giving.
Paid parental leave and fertility benefits.
On-site gyms and discounts at other fitness centers.