Chicago Board Options Exchange

Senior Software Engineer, Quant - hybrid in Chicago, IL, Overland Park, KS or NYC

Chicago Board Options Exchange • $119K — $154K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 3+ years experience in Java or C# with parallel and multithreaded design knowledge
  • 1+ year in C++ preferred for performance-critical calculations
  • Background in financial markets, derivatives pricing, or risk analysis, equity derivatives experience a plus
  • Ability to articulate complex software systems and their design rationale
  • Self-starter with full ownership of project life cycles
  • Bachelor's degree in a STEM field; master's preferred

Responsibilities

  • Develop, optimize, and debug real-time financial analytics software
  • Evaluate, tune, and enhance model performance, stability, and accuracy
  • Analyze market and reference data
  • Collaborate with data teams across different data types
  • Provide second-level support for production applications and customer inquiries
  • Write technical specifications, project plans, and documentation
  • Communicate regularly with senior managers and technical colleagues
  • Support presales engagements alongside the sales team

Benefits

  • Medical Coverage
  • Prescription Drug Coverage
  • Additional Medical Benefit
  • Dental and Vision Coverage
  • 401K or Pension Company Match
  • Employee Stock Purchase Plan (ESPP)
  • Life and AD&D Insurance
  • Paid Time Off
  • Voluntary & Additional Benefits
Full Job Description
Job Description:
Building trusted markets - powered by our people

To support strong partnership and team connection, this role follows a four day in office work model.

Role Overview

Cboe Data Vantage is looking for an experienced software engineer who is excited about combining strong engineering skills with financial quantitative analysis. The role focuses on modeling a diverse set of financial instruments and includes portfolio analysis. You will work within a team of seasoned developers, technologists, and quants all with deep experience in financial markets and financial modeling. Data Vantage's clients are among the largest and most prestigious financial institutions and rely on our expertise in this space.

Your responsibilities will be:
  • Develop, optimize, and debug real-time financial analytics software
  • Evaluate, tune, and improve model performance, stability, and accuracy
  • Analyze market data, derived market data, and reference data
  • Collaborate closely with our reference data, real-time data, and historical data teams
  • Provide 2nd level support for production applications developed by the team. Respond to customer questions regarding our analytics and models
  • Write technical specifications, project plans, and documentation
  • Regular communication with senior managers and technical colleagues
  • Work with sales team to support presales engagements


The ideal candidate has:
  • 3+ years in Java or C# (or equivalent), including understanding of parallel and multithreaded design patterns.
  • 1+ year in C++ preferred - our system is primarily Java, but performance-critical calculations run in C/C++ and CUDA
  • Background in financial markets, derivatives pricing, and/or risk analysis. Equity derivatives experience is a plus.
  • Ability to explain a complex software system end-to-end, from inputs to output, including its design rationale and business value
  • Ability to work as a self-starter; take ownership of projects from start to finish; develop requirements and specifications; QA testing, documentation and production release
  • Education: Minimum of a bachelor's degree in a STEM field, but a master's degree preferred.


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 given at any organization. Still, you should know what we offer:
  • Medical Coverage
  • Prescription Drug Coverage
  • Additional Medical Benefit
  • Dental Coverage
  • Vision Coverage
  • 401K or Pension Company Match
  • Spending Accounts
  • Life and AD&D Insurance
  • Retirement Savings Plan
  • Employee Stock Purchase Plan (ESPP)
  • Voluntary & Additional Benefits
  • Paid Time Off


#LI-CP2

#LI-Hybrid

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 $119,000-$154,000 in Kansas, $130,900-$169,400 in Chicago, and $148,750-$192,500 in New York, 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
Industry
Founded
1973

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