VP, Market Development

## VP, Market Development Apply remote type:
Mostly On-Site locations:
Chicago, ILtime type:
Full time posted on:
Posted Todayjob requisition :
R-4532##

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.

PLEASE NOTE:

To support strong partnership and team connection, this role follows a four day in office work model.
** 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 work spaces, creating a vibrant and dynamic work environment in one of Chicago's most iconic areas.
** Role Overview
** The Vice President, Market Development is responsible for identifying, evaluating, and accelerating Cboe’s next generation of growth opportunities. This role develops market strategies grounded in customer insights, competitive intelligence, and commercial opportunity to shape emerging businesses and expand Cboe’s addressable markets. Working across Product, Business, Sales, Legal, Technology, and Marketing, the Vice President defines customer segmentation, value propositions, market positioning, and commercialization strategies that drive long-term growth.

As a newly established function, this leader will build the market development capability from the ground up, influencing enterprise strategy, identifying new opportunities, and partnering across the organization to bring innovative business initiatives to market.
** Your responsibilities will be:
**** Market Intelligence & Strategy
*** Evaluate emerging market opportunities, customer segments, competitive dynamics, and industry trends to identify opportunities aligned with Cboe’s long-term growth strategy.
* Define customer segmentation, value propositions, and market positioning for emerging businesses and new market opportunities.
* Assess evolving customer needs, market adoption trends, and competitive landscapes to inform strategic decision-making.
* Identify new markets, ecosystem opportunities, and commercial growth areas.
** Market Development & Commercialization
*** Identify strategic partnerships, distribution opportunities, and ecosystem relationships that accelerate adoption.
* Develop market entry, commercialization, and growth strategies for emerging businesses, including prediction markets, tokenization, digital assets, and future market opportunities.
* Identify strategic partnerships, distribution models, and ecosystem relationships that accelerate market adoption.
* Develop business cases and strategic recommendations that support investment decisions and long-term growth.
* Establish success metrics and evaluate market performance to optimize commercialization strategies.
** Cross-Functional Leadership
*** Lead cross-functional market development initiatives across Product, Business, Sales, Legal, Technology,…