Senior Director, Head of Data & Analytics Product Development

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.

About the Role

Cboe Global Markets is seeking a Head of Data & Analytics Product Development to help identify, develop, and monetize data products built from Cboe's proprietary data and analytics assets. Reporting into the Data Product Strategy team, this role turns data and research into product concepts that shape the roadmap and drive commercial value.

This role will act as a player/coach by being an active participant in building new data products, while leading a small team centered on three outcomes: uncovering new data and product opportunities through rigorous research, partnering with technology and analytics teams to build and launch data products, and converting those capabilities into scalable revenue. The role also helps shape Cboe's AI strategy by identifying where AI can enhance existing and future analytics products.

What You'll Do

Data Science Research & Product Discovery

* Lead data scientists and applied researchers in uncovering new datasets, signals, and product concepts with commercial potential

* Oversee research from exploratory analysis and modeling through prototype development to generate evidence-based product recommendations

* Assess the feasibility, differentiation, and market relevance of new ideas and help prioritize the strongest opportunities

* Help with building out analytics and insights related to Cboe's prediction markets

* Monitor market trends, client needs, and competition to focus research on real demand and differentiated opportunities

* Establish research and validation standards using statistical analysis, pilots, and experimentation to test product hypotheses

Product Development Collaboration

* Serve as the lead data science partner to technology, engineering, and analytics teams by translating research into technical requirements

* Partner with roadmap owners to align priorities to data science insights and package outputs to accelerate development

* Support delivery during build by answering technical questions, validating outputs, and preserving research intent

* Contribute to post-launch analysis of performance, usage, and enhancement opportunities

AI Strategy for Analytics Offerings

* Define the product vision and commercial roadmap for integrating Generative AI. Agentic and advanced analytics capabilities into the Data Vantage analytics product suite, with a focus on customer value and revenue impact

* Evaluate AI-driven product opportunities (e.g., intelligent insights, automation, and data enrichment) in alignment with Cboe's data ecosystem, client workflows, and strategic product priorities

* Partner with engineering, data science, and platform teams to translate AI opportunities into clear product requirements, prioritizing usability, scalability, and time-to-market within the broader roadmap

* Lead the development of product-level principles for AI-enabled features, including transparency, explainability, governance, and responsible use in regulated financial markets

* Serve as the voice of the customer by incorporating client feedback, usage data, and market insights to shape AI-enabled features that address real-world workflows and deliver measurable client outcomes

Monetization & Commercialization

* Support pricing,…