Data Science Manager, Cboe

Derivatives Products

$125.8-155.4k

+ Employee Stock Purchase Plan, salary dependent on location

SQL

Python

Java

Senior and Expert level

Chicago

New York

Market infrastructure and tradable product provider

Open for applications

Market infrastructure and tradable product provider

1001+ employees

B2BInvestingTradingFinancial Services

Open for applications

$125.8-155.4k

+ Employee Stock Purchase Plan, salary dependent on location

SQL

Python

Java

Senior and Expert level

Chicago

New York

1001+ employees

B2BInvestingTradingFinancial Services

Company mission

To build a trusted, inclusive global marketplace that enables people to pursue a sustainable financial future.

Job

Company

Role

Who you are

Masters degree required in a quantitative discipline such as Statistics, Operations Research, Engineering, Physics, Math, or Computer Science
Academic and/or industry experience with statistical modeling and predictive analytics
5+ years of experience, ideally in financial industry with exposure to financial products (e.g. equities and options, fixed income) and could include experience with option pricing models such as Black Scholes, or rates curve bootstrapping and models such as Nelson Siegel
Strong proficiency in programming/scripting languages such as Python or R, and SQL is a requirement. Ability to write code and analyze large data sets. Familiarity with Java is a plus
Experience with optimization approaches is a plus
Communication skills to work effectively with both technical and business side team participants

What the job involves

The Cboe Data Vantage group seeks a Data Science Manager to join our team. Data Vantage provides derivatives valuation, risk analytics, and margin services that enable institutional clients to manage derivatives risk and enhance and support investment strategies
This role will focus on our global real-time option model fitting processes that apply models including binomial, SABR, and MJD and use machine learning for real-time calibration
This is an opportunity to advance one’s knowledge of the derivatives markets, gain hands on exposure to a uniquely vast amount of analytic data, and to work within a team with deep experience in financial markets and computer science who are committed to improving information in the financial markets
Apply statistics including use of predictive analytic methods to assess the integrity, stability, and reliability of the model results over time
Propose and develop new metrics and data views that can help us maintain and improve the fitness of our derivatives risk analytics and supporting data processes
Collaborate with Development teams to help create Quality Engineering tooling and frameworks. This includes providing R&D results along with specifications and prototypes

Our take

Cboe provides market infrastructure and tradable products, including options, offering trading, clearing and investment solutions to market participants globally. Promising to operate an inclusive and trusted marketplace, its services ultimately enable participants to access a sustainable financial future.

The company is truly global, offering solutions across North America, Europe and Asia Pacific, and meeting the specific needs of its customers from where they are based. Its reach is echoed in the creation or acquisition of entirely new markets and market models, many of which served as the first of their kind, and hence have grown to become some of the largest, most relied upon out there.

Cboe intends to build upon the momentum that it continues to snowball year-on-year, growing its presence across North America whilst refining its latest innovations. For its participants, it will find new ways to enhance the overall equities markets while improving the customer experience on its platforms.

Steph

Company Specialist at Welcome to the Jungle

Insights

Top investors

16% employee growth in 12 months

Glassdoor (4.5)

Company

Company HQ

West Loop Gate, Chicago, IL

Leadership

Fred Tomczyk

(CEO)

Previously worked as Lead Independent Director for Sagen. Also sits on the Board of Directors for Unity Willis Towers Watson and The World Federation of Exchanges.

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