Director, Derivatives Market Structure and Functionality

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.   

Sound like the place for you? Join us!  

Location: Chicago office (flex hybrid)

Cboe is looking for a Director to join the Market Structure and Functionality team. This role involves working with internal and external groups to identify, design, and present new functionality, features, products and policies/procedures for electronic and open outcry trading, with focus on the growing retail community. 
 

The candidate will thrive in a dynamic environment at Cboe's new Chicago headquarters and trading floor. They will interact with top professionals in the derivatives industry and collaborate with technologists, business leaders, project managers, regulators, customers, brokers, and Market-Makers. The role involves identifying, evaluating and implementing innovations for trading functionality, products, processes and policies for electronic and floor-based platforms, focusing on U.S. options and to a lesser extent, CFE futures. The candidate will report to the Head of Derivatives Market Structure and work closely with internal teams and external partners. While the role currently does not include managing others, this may change. 
 

Key Responsibilities: 

• Collaborate with technologists, business leaders, project managers, regulators, customers, brokers, and Market-Makers to identify opportunities, with a focus on satisfying retail demand.  

• Design and execute new exchange functionality, products, policies and procedures for electronic and floor-based trading platforms. 

• Understand volume trends, customer needs, trading behavior, impact of technology and fee changes.  

• Develop and manage the market structure pipeline to optimize competitive position, resource utilization and revenue. 

• Stay informed about industry trends, competitive landscape, and regulatory developments to anticipate opportunities and challenges. 

• Contribute to rigorous data analysis that drives impactful business decisions. 

• Integrate AI tools to streamline workflows and enhance solutions. 

Qualifications: 

• Undergraduate or master’s degree in business, finance, mathematics, computer science, or related field.