VP, Head of Software Engineering, Cboe Clear US

Cboe Global Markets•Chicago, IL

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 Join Cboe Clear US and be at the forefront of institutional digital asset clearing. As a CFTC-registered Derivatives Clearing Organization, we're bringing regulatory credibility and institutional-grade infrastructure to the rapidly growing crypto derivatives market. Cboe Clear US is where sophisticated clearing technology meets the digital asset revolution. The VP, Head of Software Engineering, will lead technology strategy and platform development for Cboe Clear US, a high-growth division at the forefront of derivatives clearing innovation. Reporting to the CTO, you'll build and scale an engineering organization that delivers mission-critical clearing technology while shaping the future of our clearing infrastructure. Cboe Clear US operates a multi-region, cloud-based real-time clearing platform with an opportunity to update the platform to the most recent technologies. Cboe Clear US and Europe will work together to create a globally consistent, locally optimized platform - ensuring transparency, security, and efficiency in a rapidly evolving marketplace. Our mission is to deliver trusted, resilient, and technology-driven clearing solutions that empower market participants to manage risk confidently and unlock new opportunities. We're not just clearing trades—we're pioneering the institutional digital asset derivatives market. In this role, you’ll gain hands-on experience in one of the fastest-growing segments of financial markets.

Requirements

Bachelor’s degree or higher in computer science, engineering, mathematics, or a related discipline.
10 + years of proven expertise and leadership in global markets clearing or operations technology
Ability to grow and build high performance technology teams by developing leaders and individuals
Experience and detailed understanding of clearing concepts such as settlement, margin and collateral management, risk management
Highly technical software engineering background
Comfortable reviewing code (Python, Java, SQL.) and technical architecture
Track record of implementing innovative technical solutions (Tokenization is preferred)
Significant expertise building highly resilient systems preferably in the cloud
Experience managing teams using cloud first technology and frameworks such as GitOps and DevOps
Ability to manage multiple projects simultaneously
Ability to work with other leaders to balance technology and business priorities
Highly structured with experience managing with Agile and associated tools such as Jira and Confluence
Outstanding communication and executive presence, with proven ability to influence senior stakeholders and build consensus across technical and business teams

Responsibilities

Build and inspire a high-performing engineering team that drives innovation and operational excellence for Cboe Clear US
Shape talent strategy through mentorship, professional development, and succession planning that positions team members for long-term growth
Lead global collaboration across Cboe's clearing ecosystem, partnering closely with Cboe Clear Europe to drive a unified technology strategy
Influence enterprise strategy as an active member of Cboe's Senior Management group, partnering with Executive Leadership to define the company's strategic direction
Work closely as part of Cboe Clear US management team to enable product business strategy as we look to expand into new asset classes and derivative products through innovative technical solutions such as blockchain
Determine best technological solutions across multiple initiatives and competing priorities to balance timelines and building scalable platforms
Able to communicate technology vision to senior leaders and provide business summaries on developmental enhancements
Work collaboratively with Legal, Product Management, and Business leaders to ensure our platforms meet or exceed customer and regulatory demands
Work with Cboe Clear Europe define and implement the global clearing technology strategy
Develop and execute the Cboe Clear US product roadmap
Drive Agile, continuous integration and frequent deployments of the Cboe Clear US platform
Operational mindset to develop and continuously improve the resilient and performant platform for the Cboe Clear US business
Lead development support for critical incident response
Evaluate and adopt and/or develop emerging technologies to drive the growth of the Cboe Clear US business (Tokenization, AI/ML, etc.)
Partner with Infrastructure to define our resilient cloud strategy
Work proactively with Information Security and other teams across Cboe to ensure the secure operation and development of our platforms
Work seamlessly with Finance on IP, Tax, operating and capital budgets
Work with Risk and Internal Audit departments to ensure the resilience of our risk management controls
Respond thoroughly and effectively to exam requests from regulators and audit requests from the Internal Audit Department
Track record of leading technology initiatives in highly regulated environments, including experience engaging with regulatory bodies such as the CFTC

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