Chicago Board Options Exchange

Director of Finance- Data Vantage

Chicago Board Options Exchange$187K — $242K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 10+ years of progressive finance experience, including FP&A or corporate finance
  • 2+ years working with executives on Board level communications
  • Clear communication skills for translating financial data into recommendations
  • Strong financial modeling expertise with advanced Excel and BI tools like Sigma
  • Bachelor's degree in Finance, Accounting, Economics, or a related field
  • CPA designation preferred
  • Familiarity with financial data in fintech or SaaS businesses

Responsibilities

  • Serve as the primary finance advisor to DataVantage leadership
  • Translate financial data into actionable business insights
  • Ensure accurate recording of revenues and expenses with corporate finance
  • Own annual budgets, quarterly forecasts, and long-range planning
  • Implement improvements for clear and accurate financial reporting
  • Track key business metrics alongside financial KPIs
  • Partner with Sales to validate commissions and drive sales performance automation

Benefits

  • Generous paid time off including vacation, personal days, and sick days
  • Health, dental, and vision benefits with telemedicine access
  • 2:1 401(k) match, up to 8% match immediately upon hire
  • Paid tuition assistance and education opportunities
  • Complimentary lunch, snacks, and coffee in the office
  • Paid parental leave and fertility benefits
  • Employee referral bonus program and volunteer opportunities
Full Job Description
Job Description:

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

Cboe's DataVantage business is seeking a Director of Finance to serve as the embedded financial leader for the business unit. Reporting to the SVP, Head of DataVantage, this role acts as a strategic finance partner to business leadership while maintaining strong alignment with Cboe's corporate finance function on reporting, controls, and revenue and expense data. The ideal candidate combines deep financial acumen with genuine business partnership instincts - someone comfortable translating P&L performance into decisions the business can act on.

The position is responsible for leading Business Intelligence, Billing, Budgeting, Forecasting, and other financial reporting functions while coordinating closely with Product, Operations, Corporate Finance, Client Experience, Sales, and other teams across Cboe.

Your responsibilities will be:

  • Serve as the primary finance advisor to DataVantage leadership, leading financial reviews and delivering thorough quantitative and qualitative analyses. Provide data and commentary for monthly reviews, Board reports, Quarterly Earnings calls, external financial reporting, and ad hoc requests.


  • Translate financial data into actionable insights that inform pricing, resource allocations, and areas where the business is over/underperforming. Perform variance analysis against budget/forecast and communicate drivers of performance to business and corporate stakeholders


  • Along with Cboe's corporate finance teams, ensure accurate and timely recording of revenues and expenses.


  • Own the annual budget, quarterly forecasts, and long-range planning for DataVantage. Coordinate across various DataVantage businesses and build and maintain financial models.


  • Along with Cboe finance, implement improvements to financial systems for clear, concise, accurate financial reports.


  • Track and report on key business metrics (ARR, Sales, Customer Retention) alongside traditional financial KPIs


  • Partner with Sales to create sales and revenue targets, validate commissions and cross-sell bonuses, and create Sigma Dashboards to illustrate sales performance.


  • Lead and support automation of DataVantage's Receivables Collections processes


  • Implement automation to improve the efficiency and accuracy of billing, data collection, data analyses across DataVantage.


  • Support internal and external audit requests related to DataVantage's financials


  • Manage and Develop associates on Billing and BI teams


The ideal candidate has

  • 10+ years of progressive experience, including FP&A, corporate finance, or other financial roles


  • 2+ years' experience working with executives, preparing executive and Board level communications


  • Clear communication style with an ability to translate financial data into actionable recommendations


  • Strong financial modeling skills (advanced Excel, SQL or BI tool experience especially Sigma)


  • Bachelor's degree in Finance, Accounting, Economics, or related field


  • CPA preferred


  • Experience in financial data, market data, fintech, or SaaS/subscription businesses preferred


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


  • 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


Salary Ranges (applicable for US locations only)
At Cboe, we are committed to providing a competitive, transparent, and market-informed total rewards program. The anticipated base salary range for this role is $187,000-$242,000, with actual compensation determined by job-related factors such as skills, relevant experience, education, internal alignment, and location.

This role may also be eligible for annual incentive compensation and, where applicable, participation in Cboe's long-term equity programs.

Additional information about Cboe's total rewards program, including benefits and other compensation components, can be found here: Total Rewards at 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.

About Chicago Board Options Exchange

The Chicago Board Options Exchange, located at 433 West Van Buren Street in Chicago, is the largest U.S. options exchange with an annual trading volume of around 1.27 billion at the end of 2014. CBOE offers options on over 2,200 companies, 22 stock indices, and 140 exchange-traded funds. The Chicago Board of Trade established the Chicago Board Options Exchange in 1973. The first exchange to list standardized, exchange-traded stock options began its first day of trading on April 26, 1973, in celebration of the 125th birthday of the Chicago Board of Trade. The CBOE is regulated by the Securities and Exchange Commission and owned by Cboe Global Markets.
Learn more about Chicago Board Options Exchange
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