
Quantitative Analyst, Index Operations
Cboe Global Markets
full-time
Posted on:
Location Type: Hybrid
Location: Chicago • Illinois • New York • United States
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Salary
💰 $89,250 - $110,250 per year
Tech Stack
About the role
- Day-to-day responsibility for the smooth operation of U.S. Derivatives and Equity based Index calculation and dissemination in an accurate and timely manner
- Timely resolution of issues in co-ordination with relevant third parties and internal Cboe departments
- Perform periodic rebalances of Cboe US Indices in accordance with relevant timetables and provide client support related to rebalance events
- Perform validation processes as documented in controls with appropriate evidencing and record-keeping, this includes daily index value reporting, corporate action and dividend monitoring
- Follow the Incident Management Process after client impacting issues, ensure details are accurately logged, participate in the learning review and bring ideas for mitigating the risk of issues reoccurring or earlier detection of the issue.
- Present ideas to automate and streamline index operation processes and develop tolling accordingly
- Work collaboratively with other Cboe departments, third parties and vendors on new index launches and enhancements
- Provide first class Client Support e.g., on-boarding, query handling and price challenges in a timely manner
- Maintain and support detailed written standard operating procedures for daily processes
- Record and maintain data for Key Performance Indicators, alerts and validation monitoring for potential errors in index calculations and dissemination
- Participate in technical and methodological change-management processes related to index calculation and distribution
- Run daily replication and calculation models and debug as needed within specific timeframes
- Follow the Incident Management Process after client impacting issues, ensure details are accurately logged, participate in the learning review and bring ideas for mitigating the risk of issues reoccurring or earlier detection of the issue
- Learn about theoretical options pricing and run basic modeling exercises
- Performs other related duties as required or requested
Requirements
- Bachelor’s degree and at least 2 years of experience in financial markets or related field.
- Derivatives experience a plus
- Strong operational mindset and methodical approach to problem-solving
- Intermediate experience working with R, Python, and/or other object-oriented programming language is a plus
- Experience in solving complex modelling problems and “de-bugging”
- Ability to interpret and apply mathematical index methodologies to real-world situations
- Effective interpersonal and communication skills; solid writing skills is a must
- Must be self-motivated and have the ability to work independently as well as part of a team, with proactive advancement of assigned work and problem solving.
- Experience with MS-Office, particularly advanced skills with MS-Excel.
Benefits
- 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
- 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
- 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
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
RPythonobject-oriented programmingindex calculationmodelingdebuggingmathematical index methodologiesdata validationperformance indicatorscorporate action monitoring
Soft Skills
operational mindsetproblem-solvinginterpersonal skillscommunication skillswriting skillsself-motivatedteamworkproactive work advancementclient supportcollaboration