Senior Director, Head of Data & Analytics Product Development

Cboe Global Markets•Chicago, IL

2d•Hybrid

About The Position

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. PLEASE NOTE: To support strong partnership and team connection, this role follows a four day in office work model. Location Overview Cboe HQ is located in the historic Old Post Office district, i t’ 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. About the Role Cboe Global Markets is seeking a Head of Data & Analytics Product Development to help identify, develop, and monetize data products built from Cboe's proprietary data and analytics assets. Reporting into the Data Product Strategy team, this role turns data and research into product concepts that shape the roadmap and drive commercial value. This role will act as a player/coach by being an active participant in building new data products, while leading a small team centered on three outcomes: uncovering new data and product opportunities through rigorous research, partnering with technology and analytics teams to build and launch data products, and converting those capabilities into scalable revenue. The role also helps shape Cboe's AI strategy by identifying where AI can enhance existing and future analytics products.

Requirements

10+ years in data science, applied research, or analytics within financial services, market data, fintech, or another data-intensive business
Experience leading data science or analytics teams and turning analytical work into product outcomes
Strong understanding of market data, exchange ecosystems, or financial data products and client value drivers
Technical fluency in data science and AI/ML, including modeling, machine learning, LLMs, and predictive analytics
Proven ability to collaborate across product, technology, and engineering from concept through delivery
Clear communicator who can translate complex analytical findings into actionable product recommendations
Candidates must be legally authorized to work in the United States without the need for employer sponsorship now or in the future.

Responsibilities

Lead data scientists and applied researchers in uncovering new datasets, signals, and product concepts with commercial potential
Oversee research from exploratory analysis and modeling through prototype development to generate evidence-based product recommendations
Assess the feasibility, differentiation, and market relevance of new ideas and help prioritize the strongest opportunities
Help with building out analytics and insights related to Cboe’s prediction markets
Monitor market trends, client needs, and competition to focus research on real demand and differentiated opportunities
Establish research and validation standards using statistical analysis, pilots, and experimentation to test product hypotheses
Serve as the lead data science partner to technology, engineering, and analytics teams by translating research into technical requirements
Partner with roadmap owners to align priorities to data science insights and package outputs to accelerate development
Support delivery during build by answering technical questions, validating outputs, and preserving research intent
Contribute to post-launch analysis of performance, usage, and enhancement opportunities
Define the product vision and commercial roadmap for integrating Generative AI. Agentic and advanced analytics capabilities into the Data Vantage analytics product suite, with a focus on customer value and revenue impact
Evaluate AI-driven product opportunities (e.g., intelligent insights, automation, and data enrichment) in alignment with Cboe’s data ecosystem, client workflows, and strategic product priorities
Partner with engineering, data science, and platform teams to translate AI opportunities into clear product requirements, prioritizing usability, scalability, and time-to-market within the broader roadmap
Lead the development of product-level principles for AI-enabled features, including transparency, explainability, governance, and responsible use in regulated financial markets
Serve as the voice of the customer by incorporating client feedback, usage data, and market insights to shape AI-enabled features that address real-world workflows and deliver measurable client outcomes
Support pricing, packaging, and licensing decisions by articulating the value and differentiation of the data and methodology
Help build business cases for new investments using data-backed analysis of market opportunity and demand
Identify ways to extend or repackage existing datasets and analytics into new revenue streams
Track revenue and adoption metrics and partner with commercial teams to refine products based on performance

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