Regulatory Advisor

Job Description:

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.

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 Regulatory Advisory and Interpretation Department is responsible for various functions within the Regulatory Division, including but not limited to: coordinating communications with the SEC, CFTC, and other government agencies; evaluating the impact of proposed rule filings and circulars on the regulatory programs; developing and maintaining Division policies and procedures; overseeing the Exchange’s regulatory interpretations process, through which Exchange Members may seek interpretations from the Division related to Exchange rules;

and organizing and directing the Division’s training program.

The Regulatory Advisor will report to the Deputy Chief Regulatory Advisor. The incumbent will include supporting the Regulatory Interpretations process, development and writing of policies and procedures of the Regulatory Division for the Cboe-affiliated U.S. Exchanges (Cboe Options, C2 Options, BZX, BYX, EDGX, EDGA, CFE and Cboe SEF), coordinating the review of rule filings for regulatory program impact, drafting, and reviewing communications to members, and other assignments in support of the Regulatory Division.

Duties and Responsibilities:

Perform a combination of the functions listed below. Particular day-to-day functions may vary among certain of the following functions depending upon the priorities at the time.

Serve as a resource for the Division’s Regulatory Interpretations program. Analyze and research questions presented and applicable rules and requirements. Effectively communicate responses in verbal or written form.

Independently develop or collaborate with internal and external subject matter experts to develop documentation for the Regulatory Division. Review, draft and/or revise policies, procedures and a variety of other materials for the Division (e.g. training materials). Assist, along with others, in the review of policies and procedures of the Division’s service provider(s), including relevant surveillance, investigation, and examination procedures.

Draft…