Senior Director, Enterprise Risk Management (Flexible Hybrid in Chicago, IL)

Job Description:

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 

Reporting directly to the Chief Risk Officer, the Senior Director, Enterprise Risk Management is a key leader within the Risk Management and Information Security team, responsible for helping to shape Cboe’s risk culture and organizational resilience.  This role plays a critical part in advancing Cboe’s commitment to strengthening its three lines of defense and maturing enterprise risk management processes across the organization.  The position requires strategic vision, cross-functional collaboration, and deep expertise in risk frameworks and regulatory expectations.

Responsibilities:

• Driving the risk management framework implementation and ongoing maintenance within the U.S.
• Collaborating closely with the business as well as other control function leaders to ensure an integrated three lines of defense
• Acting as a trusted advisor to senior executives, shaping risk strategy, and embedding risk management principles into business planning and operational execution
• Preparing and presenting regular risk dashboards, reports, and insights to senior management, advising on emerging trends and issues
• Maintaining knowledge of current and emerging best practices, including regulatory expectations, for risk management
• Collaborating with the business to develop meaningful key performance indicators and key risk indicators, enabling data-driven risk management and performance optimization
• Fostering a culture of risk awareness and proactive risk management throughout the organization

The Ideal Candidate Has:

• 10+ years of progressive experience in risk management
• Bachelor’s degree in business, finance, risk management, or related field; advanced degree preferred
• Deep knowledge of risk management principles and practices
• Risk management experience in a Systemically Important Financial Institution or Systemically Important Financial Market Utility
• Exceptional problem-solving skills and the ability to interpret complex data to identify actionable insights
• Strong presentation and communication skills with the ability to concisely convey complex risk framework components to diverse audiences

Benefits and Perks

We value the total wellbeing o