Manager, Index Operations

About the role

The US Team Lead with Cboe Global Indices (CGI) oversees the research, design, and implementation of new index strategies supporting both Cboe’s branded indices and client-owned indices. This role focuses on derivatives and provides exposure to equities.

Responsibilities

• Manage and expand the team of index analysts in multiple offices
• Calculate CGI’s US suite of indices, covering options, as well as iNAVs/IOPVs
• Support Theoretical Options Pricing Service (TOPS), including process maintenance, validations, jobs aids, price challenges, and client support
• Responsible for team running index validations and quality assurance checks, currently focused on scripting in Python
• Participate in regular incident review and internal postmortem, suggesting and implementing process improvement
• Onboard new indices from implementation team, including methodology evaluation for operational feasibility and appropriate validations
• Participate in index committee meetings to set direction for index methodology enhancements, including suggesting and assisting with market consultations
• Help establish quality assurance for new calculation types
• Help establish index calculation standards to enable repeat application of calculation modules
• Participate in client meetings to show robustness of CGI calculations
• Work collaboratively with other Cboe departments on new index and benchmark launches, leading the post-launch support function
• Participate in enhancement initiatives to support robust and scalable processes in line with established control framework

Requirements

• 8+ years options, equity, financial indexing and/or financial markets experience in a related capacity
• Managerial experience (team of 2-6) preferred
• Strong quantitative and programming skills; experience in Python, R, and SQL with preference to Python
• Experience with written documentation of projects
• Strong background in index mathematics: writing, reading methodology formulas
• Able to solve non-routine problems
• Effective interpersonal and communication skills
• Self-motivated and able to work independently as well as part of a team
• Strong focus on training and onboarding new employees

Qualifications

• Bachelor's degree in Engineering, Mathematics, Computer Science or related field required
• Advanced degree preferred

Skills

• Python
• R
• SQL
• Index mathematics
• Collaboration and teamwork
• Problem-solving
• Communication

Benefits and Perks

• 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
• 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

Pay

The anticipated base salary range for this role is $135,575-$175,450, with actual compensation determined by job-related factors such as skills, relevant experience, education, internal alignment, and location.

Schedule

This role follows a four day in-office work model.