Sr Director, Derivatives Analytics & Execution

About the position

Cboe's US Option business is seeking a highly motivated Senior Director to drive revenue and market share growth by formulating creative, competitive commercial policies across our markets. Success criteria would include utilizing business, industry, competitive, client and technical expertise to formulate and implement responsible pricing policies. This role is also key to provide content rich analyses for ad hoc client requests as well as to help measure client efficacy. The analysis will generate important insights for innovation to help inform key business decisions. This position demands exceptional organizational, analytical, and critical thinking skills. Additionally, it requires proficiency in researching, interpreting and modelling out commercial policy ideas as well as strong communication with the end client.

Responsibilities

• Develop and manage the commercial policy pipeline to actively manage Cboe's competitive position in the market.
• View and understand volume trends and customer usage.
• Quantify impact of fee changes & generate creative pricing solutions.
• Understand trading behavior.
• Evaluate market quality.
• Identify new opportunities and initiate dialogue with clients and internal partners.
• Provide support for one-off analyses and internal analyses.
• Help design data sources for the Data Platform.
• Reinforce Sigma as the source of visualizations for all types of company data.
• Provide regular updates on pricing initiatives, forecasts and key performance metrics to stakeholders.
• Assess effectiveness and impact of new functionality and new products.
• Collaborate with cross-functional teams to define and implement processes supporting the business.
• Deliver analytic solutions that meet client's needs.
• Stay informed about industry trends, competitive landscape and regulatory developments.
• Represent Cboe at Industry conferences and client events.
• Uphold the highest standards of professionalism, integrity and ethical conduct.

Requirements

• Working knowledge of Sigma, Tableau or similar data visualization tools.
• Experience with modelling, statistics and analysis.
• Excellent skills in Microsoft Excel & Word.
• Ability to demonstrate and communicate complicated technical analysis in a business forum.
• Established contact base and influence within target financial institutions is preferred.
• Excellent written and verbal communication skills.
• Innovative problem solver with the ability to quickly identify and understand issues.
• 10+ years experience relating to US equity or options market structure.
• Self-motivated, driven, results-oriented, and able to thrive in a fast-paced, dynamic environment.
• Ability to work independently with minimal supervision while also collaborating effectively within a cross-functional team.
• Minimum Education Requirement: Bachelor's degree in mathematics, finance, statistics, financial engineering, data science, or a similar field.

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.
• Flexible, hybrid work environment.
• 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.