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Cboe Global Markets

Sr Software Engineer, Quant

Reposted 23 Days Ago
Be an Early Applicant
Hybrid
2 Locations
119K-147K Annually
Senior level
Hybrid
2 Locations
119K-147K Annually
Senior level
Develop and implement quantitative models for real-time financial data analysis, maintain software applications, and communicate with senior managers and teams.
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Job Description:

Building trusted markets — powered by our people 

At Cboe Global Markets, we inspire our people to solve complex challenges together because what we do matters. We provide the financial infrastructure that powers the global economy. As a leading provider of market infrastructure and tradable products, Cboe delivers cutting-edge trading, clearing and investment solutions to market participants around the world.  

We’re building meaningful ways to support professional and personal development while strengthening the trust we’ve earned as a global market leader. Our teams are empowered to share ideas, actively pursue them and bring on a challenge. As champions of internal mobility and access to opportunity, we encourage our people to “go for it” and equip our managers with the training to coach their teams to the next level. We strive to provide employees a safe space to network, share ideas and create opportunities.   

Sound like the place for you? Join us!  

Location: Flex Hybrid - Chicago office or NYC office

Cboe is looking for an experienced Senior Quantitative Developer who seeks a new challenge in the financial technology services industry. You will work within a team of seasoned developers, technologists, and quants with immense experience in financial markets and a keen interest in financial modeling and analytics.

Responsibilities:

  • Develop and implement quantitative models and software applications to process and analyze real-time financial market data in a high-performance, real-time computing environment
  • Maintain and optimize existing software applications, and recommend and implement improvements
  • Write technical specifications, project plans, and technical documentation; translate business requirements into functional specifications and project plans
  • Regular communication with senior managers and technical colleagues
  • Processing, collecting, and analyzing financial market data, including high frequency real-time pricing data and reference data
  • Monitor and improve the quality of analytical data generated from our applications; develop/work with reference data team to add or modify reference data sources
  • Work with product managers and business development team to write documentation, technical specifications, project plans and sales material for our data and applications

Experience:

  • Minimum 5 years of experience in financial markets required (market data, reference data, risk)
  • Quantitative STEM background with a strong interest in financial markets, derivatives pricing, quantitative modeling, and risk analytics experience
  • Experience in financial derivatives modeling, corporate actions, securities, and derivatives reference data, including futures and options contracts
  • Strong programming skills in Java and/or C++; functional programming skills in SQL; and working knowledge of R, Python/NumPy, MatLab, or similar language for working with data and performing scientific computing.  CUDA programming experience preferred.
  • Strong knowledge of and extensive experience with statistical concepts including Bayesian modeling and hypothesis testing; linear regression; principal components (PCA); tree models; and time series modeling such as GARCH

Specific Skills Required:

  • Strong attention to detail, a highly analytical and quantitative mind, capable of translating analytical insights into actions
  • Ability to work as a self-starter with minimal supervision; take ownership of projects from start to finish; develop requirements and specifications; QA testing, documentation and production release
  • Ability to multi-task, prioritize and manage time effectively, in a deadline driven environment
  • Strong interpersonal and communication skills necessary to work within a global team

Education:  Bachelor's degree required and Master’s or PhD in a STEM field highly 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 

 

More About Cboe Global Markets 

We’re reimagining the future of the workplace by focusing on what matters most, our people.  Our journey is an inclusive one. We’re investing deeply in leadership programs and career development initiatives that ensure everyone has an equal chance to succeed.   

We work with purpose, solving problems with ingenuity, collaboration, and a lot of passion. We’re an engaged and excited team connecting markets across borders and embracing growth in all its forms to achieve incredible outcomes.  

Learn more about life at Cboe on our website and LinkedIn. 

Equal Employment Opportunity 

We're proud to be an equal opportunity employer do not discriminate against any employee or applicant for employment based on any legally protected characteristic, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, genetic information, or Veteran status. We are committed to fostering a workplace where all individuals are valued and respected.  

#LI-JS1

#LI-HYBRID


This position is not eligible for visa sponsorship. Candidates must be legally authorized to work in the United States without the need for employer sponsorship now or in the future.



Our pay ranges are determined by a number of factors, including, but not limited to, role, experience, level, and location. The national new hire base pay range for this job in the United States is $119,000-$147,000. This range represents the minimum and maximum base pay the company expects to offer for new hires working in the position full time. If you live in one of the following areas or if you work in a Cboe office in the following areas, the range may be higher according to the geographic differentials listed below:

US Geographic Differentials:

  • 110%: Austin TX, Chicago IL, Denver CO, San Diego CA 

  • 115%: Los Angeles CA, Seattle WA 

  • 120%: Boston MA, Washington DC 

  • 125%: New York City NY  

  • 130%: San Francisco CA 


Within the range, individual pay is determined by a number of factors, including, but not limited to, work location, job-related skills, experience, and relevant education or training. In addition to base pay, our total rewards program includes an annual variable pay program and benefits including healthcare (medical, dental and vision), 401 (k) with a generous company match, life and disability insurance, paid time off, market-leading tuition assistance, and much moreYour recruiter will provide more details about the total compensation package, including variable pay and benefits, during the hiring process. For further information on our total rewards program, visit TOTAL REWARDS @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.

Top Skills

Java,C++,Sql,R,Python,Numpy,Matlab
HQ

Cboe Global Markets Chicago, Illinois, USA Office

We are in the loop in the Old Post Office building which has been redesigned into luxury office space with the biggest roof tops in Chicago. Our roof top features pickle ball courts, basketball court, walking path and dining lounging areas. We also have ample garage parking and a gym in our building. Our location is only 2 blocks from Union Station and the "L" train. Additionally, there are many dining options nearby.

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