Derivatives Trading Specialist

2 days ago


Chicago, Illinois, United States Cboe Full time
Job Title: Director-Derivatives Trading, Functionality and Market Structure

About the Role:

We are seeking a highly skilled and experienced professional to join our team as a Director-Derivatives Trading, Functionality and Market Structure. This role will be responsible for identifying, evaluating, and executing strategies related to trading processes and procedures for floor-based and electronic platforms across Cboe's derivative markets, with a focus on U.S. options, and to a lesser extent, CFE futures.

Key Responsibilities:

  • Manage department tasks and priorities to ensure efficient and collaborative interaction and execution of initiatives.
  • Evaluate and propose new functionality and features to improve floor and electronic trading.
  • Work with floor team on testing and user support for floor technology and tools.
  • Leverage market expertise to identify ways to improve Exchange's operations and competitive position.
  • Analyze data to identify customer behavior and use of trading technology features.
  • Support business line owners and other departments to optimize offerings and inform the product development priorities and life cycle within the Global Derivatives group.
  • Engage client-facing teams as well as TPHs and customers to identify opportunities.

Requirements:

  • Bachelor's degree or equivalent combination of education and experience.
  • Strong analytical, problem-solving and client service skills.
  • Effective communication and inter-personal skills.
  • Proven ability to excel and value in a team environment.
  • Efficiency in MS Excel, PowerPoint, Word, market data tools. Ability to accommodate occasional travel.
  • Regular attendance at the workplace in a traditional office environment, with flexibility.

Work Experience:

  • 7+ years of direct experience in markets, including electronic quoting and order entry/execution platforms and trading floor mechanics.
  • 5 years of practitioner experience preferred in derivatives and equity trading or brokerage.
  • 3 years of management experience in relevant and related business lines (preferred).
  • Thorough understanding of U.S. market structure; front, mid and back-office operations; characteristics and applications of a broad range of financial products, with a focus on derivatives; knowledge of various types of market participants; and regulatory framework.


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