Senior Analyst, Enterprise Risk

Cboe Global Markets•Chicago, IL

6d•$107,525 - $139,150•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. To support strong partnership and team connection, this role follows a four day in office work model. 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. Cboe Global Markets is seeking a highly motivated and detail oriented Senior Risk Analyst to join its Enterprise Risk Management (ERM) team, contributing to the organization’s strategically important risk culture and focus on organizational resilience. This role plays a key part in advancing Cboe’s commitment to strengthening its three lines, specifically maturing the organization’s second line ERM function. The successful candidate will work closely with the first line and other risk management teams and Internal Audit to ensure that risks are properly identified, assessed, and managed. Additionally, this role will assist in maturing risk-related Governance, Risk, and Compliance (GRC) data, processes, and procedures that support the ERM program. The ideal candidate brings 4+ years of risk management experience gained at a Systemically Important Financial Institution (SIFI) or Systemically Important Financial Market Utility (SIFMU), paired with hands-on proficiency in governance, risk and compliance (GRC) tools. This role reports to the Senior Director, ERM.

Requirements

Bachelor's degree; concentration in risk management, finance, business administration or a related field is a plus.
4+ years of relevant experience in operational or enterprise risk management, with a strong preference for experience gained at a Systemically Important Financial Institution (SIFI) or Systemically Important Financial Market Utility (SIFMU).
Demonstrated proficiency and understanding of the principles of Enterprise risk management, control frameworks (e.g., COSO), RCSA methodology, risk metric development, and issue management.
Hands-on experience using GRC tools and platforms (e.g., Onspring, Archer, ServiceNow GRC, etc.) to support risk reporting and governance activities.
Proven ability to provide independent, credible challenge to first line risk owners and to influence risk decisions without direct authority.
Strong analytical and critical-thinking skills, with the ability to synthesize complex risk information into clear, actionable insights.
Demonstrated experience in conflict resolution and in a role where differing points of view are common.
Excellent written and verbal communication skills, with experience preparing information for risk reporting to senior management and risk committees.
Strong attention to detail and project management skills, with the ability to manage multiple priorities under competing deadlines.
Proficiency in Microsoft Office (Excel, PowerPoint, Word).
Strong ethical values and ability to be a team player.

Nice To Haves

Experience implementing or maturing GRC tools and/or operational or enterprise risk management frameworks is a plus.
Familiarity with the regulatory environment applicable to exchanges, clearinghouses or other financial market utilities (e.g., SEC, CFTC, Federal Reserve) is a plus.
CRMP or similar certification is a plus.
Proficiency with Jira and AI tooling is a plus.

Responsibilities

Lead and significantly contribute to second line activities to drive the risk management framework and ongoing maintenance and maturity within the U.S.
Collaborate with ERM leads, business units and function leaders, Internal Audit, and Compliance to enhance monitoring and reporting of risks by gathering data and assisting in the development of dashboards and risk metrics.
Serve as an independent second line reviewer, providing effective challenge to first line business units on the identification, assessment and management of risks.
Facilitate risk and control self-assessments (RCSAs) across business units, evaluating risk ratings, control design and operating effectiveness, evidence sufficiency, and remediation plans, and recommending enhancements as needed.
Review and challenge the classification, root cause analysis, remediation plans, and validation of self-identified issues, ensuring timely and appropriate resolution.
Prepare risk information to support clear, well-supported risk reports, dashboards and presentations for senior leadership and risk committees.
Maintain and enhance risk data within Cboe's GRC platform, supporting risk registers, RCSAs, Key Risk Indicators (KRI), Key Performance Indicators (KPI), incident linkage, and risk acceptances.
Contribute to the ongoing maturation of Cboe's ERM framework by maturing procedures, risk manuals, job aids, and tools to assist both first and second line in the execution of risk management capabilities.
Monitor industry trends, regulatory developments and leading practices in enterprise and operational risk management, incorporating relevant insights into Cboe's risk framework.
Collaborate with Internal Audit, Compliance and other second-line and control functions to support an integrated, enterprise-wide approach to risk management.
Facilitate adherence to internal risk policies and procedures and support risk culture and training initiatives across the organization.

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