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 providethe financialinfrastructure that powers the global economy. As a leading provider of market infrastructure and tradable products, Cboe deliverscutting-edgetrading, clearing and investment solutions to market participants around the world.
We’rebuilding meaningful ways to support professional and personal development while strengthening the trustwe’veearned as a global market leader. Our teams are empowered to share ideas, actively pursuethemand 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 toprovideemployeesa safe space to network, shareideasand create opportunities.
Location Overview
Cboe HQislocated inthe historic Old Post Officedistrict,it’s a landmark that blends classic architecture with modern amenities. The building features expansive spaces withhigh ceilingsand large windows, offering an abundance of natural light and panoramic views of thecityskyline 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,afitness center, and collaborative workspaces, creating a vibrant and dynamic work environment in one of Chicago's most iconic areas.
Role Overview
The Director oversees teams responsible for the timely analysis of trading data, assessment of alerts, research of potential issues, and determination of appropriate regulatory dispositions. As the final authority on alert outcomes, the Director evaluates evidence, distinguishes normal market dynamics from actionable misconduct, and ensures all analysis work meets quality standards expected for potential enforcement action.
This role also drives innovation in surveillance methods and technology. The Director manages the exception‑generation process, identifies enhancements to automated surveillance tools, and develops new analytical concepts to detect emerging forms of market manipulation. Acting as a bridge between Regulatory leadership and technology partners, the Director translates complex market behaviors into clear requirements for new or improved RegTech capabilities.
Strong leadership is essential. The Director develops and mentors managers and analysts, ensuring adherence to industry standards and regulatory expectations. Regular team meetings are used to monitor alert status, resolve operational impediments, and maintain efficient workflows without compromising analytical depth or quality.
Cross‑functional collaboration is central to the role. The Director works closely with Regulatory Development, Options Investigations, Enforcement, and other internal partners to support case handoffs, refine processes, and advance strategic regulatory initiatives. The Director also interacts professionally with external stakeholders, including responding to inquiries from the SEC and participating in audits, discussions, and special projects as assigned.
Your responsibilities will be:
- Ensure continuous analyst presence and direct observation in the Index and Equity Options trading crowds to detect potential violations of Exchange Rules and SEC regulations.
- Lead teams performing in‑depth analysis of trading activity and market data, ensuring timely identification and evaluation of regulatory concerns.
- Serve as final decision‑maker on alert review disposition, determining sufficiency of analysis and approving next steps in the escalation process.
- Oversee development, tuning, and enhancement of automated surveillance exceptions; identify gaps and drive improvements.
- Collaborate with technology partners to translate regulatory needs into clear system requirements for new or enhanced surveillance tools.
- Develop new surveillance concepts and analytics to identify emerging forms of market manipulation.
- Provide leadership, mentorship, and performance management for managers and analysts; ensure strong regulatory and industry knowledge across the team.
- Conduct regular team meetings to monitor workload, address bottlenecks, and ensure high‑quality case work.
- Partner with Regulatory Development, Options Investigations, and Enforcement to support coordinated regulatory action and process improvements.
- Engage with internal staff, external stakeholders, and regulatory bodies; assist in responding to SEC or SRO inquiries.
- Participate in cross‑functional initiatives and special projects as assigned.
The ideal candidate has:
- Bachelor’s degree required; Economics, Business, Accounting, Finance, or related field preferred.
- Minimum of 8 years of financial industry experience, including relevant trading floor experience; market regulation or broker‑dealer experience preferred.
- Advanced knowledge of derivatives markets and a working understanding of related financial markets.
- Strong understanding of trading procedures, Exchange Rules, and obligations under the Securities Exchange Act of 1934.
- Demonstrated leadership experience with the ability to manage and motivate staff.
- Exceptional analytical skills with the ability to employ both quantitative and qualitative methods.
- Strong written and verbal communication skills with proven ability to interact effectively with internal and external stakeholders.
- Excellent organizational skills and attention to detail.
- Proficiency with Microsoft Office or similar applications; experience with trade surveillance software is a plus.
Benefits and Perksof working for Cboe Global Markets
We value the total wellbeing of our people – including health, financial,personaland social wellness. We believe standard benefits like health insurance and fair pay area givenatany organization. Still, you shouldknowwe offer:
- Fair and competitive salary and incentive compensation packages with an upside for overachievement
- Generous paid time off, including vacation, personal days, sickdaysand 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% matchimmediatelyupon hire
- Discounted Employee Stock Purchase Plan
- Tax Savings Accounts for health,dependentand transportation
- Employee referral bonus program
- Volunteer opportunities to help you give back to your communities
Some of our associates’ favorite benefits andperksinclude:
- Complimentary lunch,snacksand coffee in any Cboe office
- Paid Tuitionassistanceand education opportunities
- Generous charitable giving company match
- Paid parental leave and fertility benefits
- On-site gyms and discounts to other fitness centers
More About CboeGlobal Markets
We’rereimagining the future of the workplace by focusing on what matters most, our people. Our journey is an inclusive one.We’reinvesting deeply in leadership programs and career development initiatives that ensure everyone has an equal chance to succeed.
We work with purpose, solving problems with ingenuity, collaboration, and a lot of passion.We’rean engaged and excited team connecting markets across borders and embracing growth in all its forms to achieve incredible outcomes.
Learn more about life at Cboe onour websiteandLinkedIn.
Equal Employment Opportunity
We'reproud to be an equal opportunity employer do not discriminate against any employee or applicant for employment based on any legally protected characteristic, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, genetic information, orveteran status. We are committed to fostering a workplace where all individuals are valued and respected.
#LI-HL
#LI-Hybrid
This position is not eligible for visa sponsorship. Candidates must be legally authorized to work in the United States without the need for employer sponsorship now or in the future.
Our pay ranges are determined by a number of factors, including, but not limited to, role, experience, level, and location. The national new hire base pay range for this job in the United States is $153,000-$189,000. This range represents the minimum and maximum base pay the company expects to offer for new hires working in the position full time. If you live in one of the following areas or if you work in a Cboe office in the following areas, the range may be higher according to the geographic differentials listed below:
US Geographic Differentials:
- 110%: Austin TX, Chicago IL, Denver CO, San Diego CA
- 115%: Los Angeles CA, Seattle WA
- 120%: Boston MA, Washington DC
Within the range, individual pay is determined by a number of factors, including, but not limited to, work location, job-related skills, experience, and relevant education or training. In addition to base pay, our total rewards program includes an annual variable pay program and benefits including healthcare (medical, dental and vision), 401 (k) with a generous company match, life and disability insurance, paid time off, market-leading tuition assistance, and much more! Your recruiter will provide more details about the total compensation package, including variable pay and benefits, during the hiring process. For further information on our total rewards program, visit TOTAL REWARDS @CBOE.
Any communication from Cboe regarding this position will only come from a Cboe recruiter who has a @cboe.com email or via LinkedIn Recruiter. Cboe does not use any other third party communication tools for recruiting purposes.
