Chicago Board Options Exchange

Lead Engineer, Quality Assurance

Chicago Board Options Exchange • $159K — $206K *
Information Technology
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5-10 years of experience in software quality assurance or test engineering, particularly with complex transactional systems.
  • Ability to design and maintain both manual and automated test suites.
  • Experience in owning test strategy and plans for functional, regression, and integration testing in an Agile environment.
  • Familiarity with source control and CI tools like Git and TeamCity.
  • Strong analytical skills, attention to detail, and collaborative communication capabilities.
  • Bachelor's degree in computer science or related field, or equivalent practical experience.

Responsibilities

  • Validate FIX connectivity and client onboarding, testing order entry and execution reports against specifications.
  • Define testing approaches for new features, coordinating from requirements to release.
  • Execute functional, regression, and integration testing, including performance scenarios for the trading engine.
  • Build test harnesses and environments to increase coverage and reduce feedback loops.
  • Integrate automated testing into CI pipelines, ensuring speed and stability.
  • Investigate defects to their root causes and collaborate with developers for resolutions.
  • Contribute to release readiness reviews and validate production behaviors post-deployment.
  • Encourage quality improvements and uphold best testing practices within the team.

Benefits

  • 401(k) with a generous company match
  • Medical, dental, and vision insurance
  • Paid time off, parental leave, and fertility benefits
  • Employee Stock Purchase Program
  • Paid tuition assistance and further education opportunities
  • Mental wellbeing support and Gender Affirmation Assistance Program
  • Complimentary lunch, snacks, and coffee at Cboe offices
  • Charitable giving company match
Full Job Description
Job Description:

As Lead Engineer, Quality Assurance, you will own quality across the full BIDS platform: the BIDS Trader workstation, the core matching engine and the back-end services behind it, and the FIX connectivity that links us to clients and venues. You will work alongside developers, product managers and business stakeholders in New York and Calgary to raise test coverage, sharpen our automation and give the team confidence to release quickly. This is a hands-on individual contributor role on a team that is measured on the reliability of systems our clients trade through every day.

Responsibilities
  • Validate FIX connectivity and client onboarding flows, testing order entry, execution reports and drop-copy behavior against client and venue specifications.
  • Define the test approach for new features, working with development and product from requirements through to release.
  • Execute and evolve functional, regression and end-to-end integration testing, including performance and resilience scenarios against the trading engine.
  • Build test harnesses, test data and environment tooling that widen coverage and shorten feedback loops for the whole team.
  • Integrate automated suites into CI pipelines and keep them fast and stable.
  • Investigate defects through to root cause, with clear reproduction steps, and partner with developers on the fix and its verification.
  • Contribute to release readiness reviews and verify behavior in production following deployments.
  • Challenge yourself and the team on quality practices, and champion continuous improvement in how we test.

Minimum Qualifications
  • Five to 10 years of experience in software quality assurance or test engineering, with a track record on complex, transactional or real-time systems.
  • Demonstrated ability to design and maintain manual and automated test suites, not only to execute them.
  • Experience owning test strategy and test plans across functional, regression and integration testing in an Agile delivery environment.
  • Experience with source control and continuous integration tooling such as Git, TeamCity and Jira.
  • Excellent analytical skills, close attention to detail, and the ability to communicate effectively and work collaboratively within a cross-functional team.
  • Education: Bachelor's degree in computer science, software systems or a related discipline, or equivalent practical experience.

Preferred Qualifications
  • Hands-on experience with automation tooling - for example Selenium or Playwright for UI, JUnit or TestNG as a test framework, Cucumber for behavior-driven scenarios, and REST Assured or Postman for API testing.
  • Exposure to Java, sufficient to read application code, write test code and debug failures alongside developers.
  • Working knowledge of SQL for building test data and validating outcomes directly against the database.
  • Comfort on the Linux command line, with some shell or Bash scripting to automate test setup, log analysis and routine tasks.
  • Background in financial markets, particularly equities trading, execution or order management systems, or familiarity with the FIX protocol.
  • Exposure to testing trading systems, matching engines or other latency-sensitive platforms.
  • Familiarity with Docker containers and applications running in AWS.


Why Cboe?

Cboe Global Markets encourages innovation, collaboration and professional growth. We offer a competitive salary, a comprehensive benefits package, and opportunities to build a career within a globally recognized financial institution.
  • Fair and competitive salary and incentive compensation packages, with upside for overachievement
  • 401(k) with a generous company match
  • Medical, dental and vision insurance
  • Employee Stock Purchase Program
  • Paid time off and paid parental leave, plus fertility benefits
  • Short- and long-term disability coverage
  • Paid tuition assistance and education opportunities
  • Complimentary lunch, snacks and coffee in any Cboe office
  • Generous charitable giving company match
  • Gender Affirmation Assistance Program
  • Mental wellbeing support

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 $159,375-$206,250, 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.

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
Industry
Founded
1973

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