Chicago Board Options Exchange

Senior Trade Desk Specialist

Chicago Board Options Exchange$102K — $132K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • High School Diploma or equivalent; Bachelor's Degree preferred in a related field.
  • Required FINRA SIE and Series 57 licenses, or ability to obtain within 3 months.
  • At least 5 years of relevant security or technical support experience, or 3 years with a Master's degree.
  • Proficiency in UNIX Shell with a minimum of 3 years experience.
  • Strong SQL skills with at least 3 years of experience.
  • Experience with Agile Development Methodology for at least 3 years.

Responsibilities

  • Provide training and support to customers regarding platform and order processing.
  • Monitor system performance and perform daily checks to resolve issues.
  • Manage equity listing processes and support trade request services.
  • Lead project discussions with stakeholders on new feature designs and changes.
  • Mentor junior staff and serve as a Subject Matter Expert for operations support.
  • Conduct analytical troubleshooting and root cause analysis for technical issues.
  • Utilize SQL and UNIX tools for data analysis and report preparation.

Benefits

  • Generous paid time off including vacation, personal days, and community service days.
  • Health, dental, vision benefits including telemedicine access.
  • 2:1 401(k) match, up to 8% upon hire.
  • Discounted Employee Stock Purchase Plan and various tax-saving accounts.
  • Paid tuition assistance along with education opportunities.
  • Paid parental leave and fertility benefits with a charitable giving matching program.
Full Job Description
Job Description:

Location Overview

Cboe Global Markets operates a key office in the Overland Park Xchange (OPx), located in Overland Park, Kansas, a bustling suburb of Kansas City. The OPx business park is strategically positioned to provide convenient access to the Kansas City metropolitan area, offering modern infrastructure and a collaborative environment ideal for the financial services and technology industries. This location benefits from proximity to major highways, making it easily accessible for employees

The OPx site provides a balance of high-quality office space, advanced facilities, and an environment conducive to productivity and growth.

Role Overview

The Senior Trade Desk Specialist role is served by experienced financial technologists who bring advanced subject matter expertise and take ownership of production-level operational oversight across multiple real-time low latency Cboe exchange trading platforms (e.g., BYX, BZX, C1, C2, CFE, EDGA, EDGX) and asset classes (e.g., equities, foreign currencies, futures, options). This role serves as an escalation point for complex, high-impact issues, solving problems, monitoring systems, and ensuring systems maintain a healthy state and troubleshooting when they are not. Senior Trade Desk Specialists act as a trusted liaison between stakeholders including global and regional banks, buy side firms, corporates, prime brokers, and vendors along with internal business and technology teams. A Senior Trade Desk Specialist works independently with minimal supervision, exercises sound judgment on matters with organization-wide and external impact, and mentors more junior staff. Individuals in this role regularly lead components of project lifecycles and directly influence the success of the team and the greater organization.

Responsibilities:
  • Provide customers and sales support and training related to platform behavior, order processing behavior, market structure, and feature/functions.
  • Perform daily system checks and periodically review audit logs to verify system changes. Monitor active production, disaster recovery, and certification/test environment systems and ensure Cboe platforms and systems are operating as expected. Take direct action to resolve known issues. Provide customers, regulators, and the business with live updates related to systems and trading issues.
  • Provide exchange platform support including equity listing process management; service cancel order requests; conduct clearly erroneous and obvious error trade reviews; support voluntary price adjustments; service clearing support requests; declare Self Help on away exchanges when warranted; execute real-time order routing changes; conduct futures settlement price verifications; service and support block trade and ECRPs; and monitor auctions/rotations.
  • Lead engagement with business associates, customers, and software engineers to define and design new features and functions, representing the team's perspective on cross-functional initiatives. Test changes to systems and platform functionality prior to deployment and work with software engineering team to resolve systemic issues that are identified. Participate in internal and industry-wide weekend testing as needed.
  • Serve as the primary Subject Matter Expert across multiple areas critical to production operations support, mentoring, coaching, and training junior Trade Desk Specialists and other Cboe staff. Liaise with vendors and operators of facilities supporting critical financial infrastructure.
  • Perform analytical functions to troubleshoot and explain complex technical and/or trading issues, conduct root cause analysis as well as impact analysis studies, and resolve customer issues for Cboe trading systems and other platforms related to Cboe's Application Programming Interfaces (APIs). E.g. market data, order entry, web service APIs. Participate in operational on-call support rotations as needed.
  • Utilize SQL to conduct data mining against databases, a UNIX shell to examine log files, or Cboe proprietary tools in support of gathering and analyzing data to provide reports to and service the needs of customers and business teams.
  • Update internal technical and operations procedures within the Operations team's Confluence space. Draft technical notices and updates to technical specifications.
  • Onboard new clients establish client access to platforms, provision new services, assist customers with establishing default settings (e.g. order entry, routing, entitlements, risk management) based on their usage of a given Cboe platform, and conduct API certification testing and support.
  • Regular attendance at the workplace in a traditional office environment may be required
  • Performs other related duties as required or requested.


Requirements:
  • High School Diploma, GED, Trade, Technical or Vocational School
  • Bachelor's Degree preferred in Computer Science, Computer Engineering, Software Engineering, Business, Financial Services, Communications, or a related discipline.
  • FINRA Security Industry Essentials Examination (SIE) and Series 57 licenses required, or ability to obtain within first 3 months of service
  • At least 5+ years experience in a security related or technical support position, or a Master's degree and at least 3 years of relevant experience
  • At least 3+ years with UNIX Shell
  • At least 3+ years with SQL
  • At least 3+ years with Agile Development Methodology


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


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 $102,000-$132,000, 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
Industry
Founded
1973

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