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.
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 workspaces, creating a vibrant and dynamic work environment in one of Chicago's most iconic areas.
Role Overview
The Sr Manager, Product Management, will be an integral member of the Clearing Product Management team within the Cboe Clear U.S. business unit. This role requires a strong technical background in the technologies utilized by central counterparties (CCPs) and is responsible for driving the scope, planning, and execution of the product roadmap.
The Sr Manager, Product Management is responsible for overseeing the roadmap, managing the backlog, guiding technical decisions, and setting work priorities. Collaboration across the organization enables the Product Management team to deliver releases that are timely, transparent, iterative, and aligned with business needs. The preferred candidate should possess strong skills in product strategy, stakeholder management, and a commitment to operational excellence.
The role will report to the Director of Product Management.
Key responsibilities will be:
Product Development & Delivery Oversight
Translate business initiatives and complex regulatory requirements into actionable deliverables for Engineering, Infrastructure, Risk, and Operations teams
Drive prioritization of platform features and enhancements based on strategic fit, business impact, and resource allocation
Oversee planning and execution of product releases, ensuring alignment across technical and business stakeholders
Lead Quality Assurance strategy and execution, ensuring rigorous testing and validation across all releases
Monitor release performance and proactively resolve delivery risks and operational issues
Cross-Functional Collaboration and Leadership
Serve as a strategic bridge across departments to ensure cohesive product delivery and stakeholder alignment
Facilitate cross-team decision-making and conflict resolution to maintain momentum and scope clarity
Provide strategic support to internal teams including clearing operations, infrastructure, risk, and member onboarding
Guide and advise on new product initiatives providing subject matter expertise support to fellow product colleagues and participating exchanges on product implementation, intermediation design, and overall product design effectiveness
Recognize mentorship moments to translate deep subject matter expertise for staff
Client & Vendor Engagement
Engage Clearing Member Firms and Participating Exchanges to gather operational insights, manage product pain points and roadmap expectations
Oversee middleware onboarding and education for new product integrations and services, ensuring smooth adoption
Manage vendor relationships to ensure alignment with platform changes and delivery timelines
The ideal candidate has:
Bachelor's degree or higher
10+ years' experience in business analysis or product management role, preferably at a Derivatives Clearing Organization (DCO), Exchange, Futures Commission Merchant (FCM), Broker-Dealer, or Bank
Proven ability to work autonomously, owning projects from conception to completion
Strong analytical skills, release planning and prioritizing with a can-do attitude
A solid understanding of the product management landscape and the ability to translate business strategy initiatives into written product requirements and acceptance criteria
Strong team player who works well with cross-functional teams in a fast-paced environment
Demonstrates strong analytical and problem-solving abilities, with the capacity to maintain a broad perspective while remaining attentive to essential details
You'll really stand out with:
Deep expertise of clearing/middle office platforms: FIS, ION, and ATEO
Comprehensive knowledge of CFTC Part 39 requirements and clearing house rules
Experience with spot cryptocurrency markets and tokenization technologies, including design and implementation solutions
Skilled in defining requirements and deploying binary outcome event contracts within regulated environments
Proven experience in Agile and the software development lifecycle
Proficient in leveraging the Atlassian software suite (including Jira and Confluence) for project management and collaboration, with working knowledge of Python for automation and data analysis
Benefits and Perks of working for Cboe Global Markets
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 overachievement
Generous paid time off, including vacation, personal days, sick days and annual community service days
Flexible, hybrid work environment
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
Tax Savings Accounts for health, dependent and transportation
Employee referral bonus program
Volunteer opportunities to help you give back to your communities
Some of our associates’ favorite benefits and perks include:
Complimentary lunch, snacks and coffee in any Cboe office
Paid Tuition assistance and education opportunities
Generous charitable giving company match
Paid parental leave and fertility benefits
On-site gyms and discounts to other fitness centers
Paid Time Off
More About Cboe Global Markets
We’re reimagining the future of the workplace by focusing on what matters most, our people. Our journey is an inclusive one. We’re investing 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’re an 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 on our website and LinkedIn.
Equal Employment Opportunity
We're proud 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, or Veteran status. We are committed to fostering a workplace where all individuals are valued and respected.
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 $131,750-$162,750. 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
125%: New York City NY
130%: San Francisco CA
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.