Associate, Cboe Labs



Chicago, IL, USA
Posted on Monday, June 3, 2024

Job Description

The Cboe Labs Associate is a position within the Cboe Labs team, based in Chicago. The group is responsible for developing innovative tradeable products for the exchange and providing the results of a thoughtful analysis and designs to the other groups in support of the products. This is an entry level role focused on advanced financial research, analytics and product development.

Job Description and Responsibilities:

  • Build analytical frameworks, develop financial models, and conduct complex data analysis; utilize technical and quantitative techniques to support and develop new product ideas.
  • Conduct product research and development through data analysis and by synthesizing results with market intelligence and product information.
  • Gain in-depth exposure to Cboe’s various products and services while working on projects that impact multiple areas of the business.
  • Lead, design, and implement an independent project to develop product knowledge and project management skills.

What we’re looking for:

  • Bachelor degree from an accredited university or college in mathematics, finance, engineering and other technical majors preferred
  • Knowledge, interest, or desire to learn about global financial markets with an emphasis on derivatives
  • Strong analytical and research skills (qualitative and quantitative); ability to analyze technical data
  • Innovative problem solver, able to quickly identify and understand issues and drive towards effective resolution
  • Advanced knowledge of Microsoft Office and coding skills, particularly in Python, SQL, or other languages conducive to data science research
  • Resourceful self-starter, ability to work autonomously and as a team player
  • Demonstrate a strong ability to learn quickly and become knowledge resource for unfamiliar topics
  • Perform a wide variety of tasks simultaneously; change focus quickly as demands change
  • Strong written and verbal communication skills; ability to simplify concepts and messages to the essential components and deliver effective messages to a range of audiences
  • Interact in a professional manner with internal and external contacts

The Cboe Experience

Whether you are just beginning your career or are a senior-level professional, working at Cboe will offer you countless opportunities to develop skills, make an impact through meaningful contributions, and gain rich experiences at an accelerated pace. By working collaboratively with smart, genuine and hardworking colleagues, you will build enduring relationships through frequent collaboration that will serve you well throughout your career, regardless of your chosen path. And, along your exceptional career journey at Cboe you’ll receive amazing benefits and robust rewards.

Cboe Labs

Cboe Labs is a dedicated team centered on the creation, development, and implementation of new ideas. It is a place where we research, test, and iterate as rapidly as possible with a singular goal: create value-add, disruptive, tradable products and services before our competition does. Our mission is to create superior risk management solutions that drive value to Capital Market participants through transparency, access, and utility.

Benefits and Perks

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
  • Delete if not applicable: Flexible, hybrid work environment, where you choose where and how you work
  • 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 employees’ 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

Equal Employment Opportunity
We're proud to be an equal opportunity employer - and celebrate our associates' differences, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, and Veteran status.



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.