Senior Director - Market Data Administration

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.

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.

This role has responsibility for managing all facets of our Market Data Administration function, including customer/vendor onboarding, licensing, reporting, compliance and billing. The person will be responsible for managing and setting direction for all processes, technologies and supporting team. Identification of opportunities for process improvement, automation and leveraging technologies will be essential. Responsibilities will also include developing audit plans and criteria for audit selection and perform data compliance reviews and audits of data recipient compliance with Cboe data agreements and policies.

Sets targets and tracks progress toward annual compliance targets and supporting associated Data Vantage budgets. This position reports to the VP, Head of Market Data.

• Execute administrative and operational functions for Cboe's Market Data Administration, including RMA and CGIF data products
• Implement DataBP, maintain relationship and develop roadmap for future improvements and features.
• Generate necessary business intelligence on Cboe market data customers and vendors to support overall product direction, pricing/fees, policies, etc.
• Manage team members, set performance goals and deliver associated feedback and performance reviews
• Represent Cboe and be an active participant in market data industry associations, conferences and industry best practice discussions.
• Oversee and manage data subscriber and distributor onboarding and reporting.
• Provide necessary support to regulatory filings
• Provide necessary input and support to AP, AR and GL functions.

• Expert knowledge of market data principles and policies and a thorough knowledge of the equity and derivative trading industry.
• Ability to communicate the intricacies of specific Cboe market data policies to regulators, global distributors, banks and trading firms.
• Ability to analyze complex and unique data usage scenarios in order to apply appropriate licensing and fees for data vendors and subscribers.
• Demonstrates hands-on experience using artificial intelligence techniques and agents to create efficiencies and develop innovative analysis.
• Working knowledge with market data administration tools and technologies.
• 7+ years of experience managing clients and external business relationships.
• 10+ years of management and people leader experience.
• 12+ years of financial market data and derivatives industry experience.
• Bachelor's Degree in Business, Economics or related field required, Master's degree preferred.
• Thorough knowledge of DataBP application is preferred.

We value the total wellbeing of our people - including health, financial, personal and social wellness. We believe standard benefits like health insurance and fair pay are a given at any organization. Still, you should know we offer:

• Fair and competitive salary and incentive compensation packages with an upside for over achievement
• Generous paid time off, including vacation, personal days, sick days and 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% match immediately upon hire
• Discounted Employee Stock Purchase Plan
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