Sr. Director, Market Data Management, OPRA

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.

Location Overview

Cboe HQ is located in the historic Old Post Office district, it's a landmark that blends classic architecture with modern amenities. The building features expansive spaces with high ceilings and large windows, offering an abundance of natural light and panoramic views of the city skyline and the Chicago River.

With its prime location in the heart of downtown, the OPO Building provides easy access to major transportation hubs, including Union Station and multiple CTA lines, making it convenient for commuters. The building is home to a variety of amenities, including restaurants, a fitness center, and collaborative workspaces, creating a vibrant and dynamic work environment in one of Chicago's most iconic areas.

Role Overview

Options Price Reporting Authority LLC (OPRA) is an SEC registered securities information processor. The position of Senior Director, OPRA Market Data, will serve as Managing Director of the OPRA Plan. The OPRA Managing Director carries out day-to-day administrative functions that support OPRA's operations and management of the OPRA System, as delegated by the OPRA Management Committee. CBOE acts as administrator of the OPRA Plan.

Your responsibilities will be:

• Execute administrative and operational functions for the OPRA Plan.
• Act as confidential agent for Member Participants of OPRA and serve as primary point of contact.
• Chair OPRA/Management Committee meetings and facilitate discussion.
• Facilitate OPRA System management with the information processor.
• Oversee and manage data subscriber and distributor onboarding.
• Manage strategic relationships with exchange and industry participants.
• Serve as primary contact with the SEC and industry regulators.
• Oversee and manage team members for AP, AR and GL functions.

The ideal candidate has

• Expert knowledge of market data principles and policies and a thorough knowledge of the equity and derivative trading industry.
• Ability to communicate the intricacies of specific OPRA market data policies to exchanges, regulators, global distributors, banks and trading firms.
• Ability to analyze complex and unique data usage scenarios in order to apply appropriate licensing and fees for data vendors and subscribers.
• Demonstrates hands-on experience using artificial intelligence techniques and agents to create efficiencies and develop innovative analysis..
• Working knowledge with financial applications such as Great Plains and Business Central.
• 7+ years of experience working with regulatory agencies. 
• 10+ years of experience managing clients and external business relationships.
• 10+ years of management and people leader experience.
• 12+ years of financial market data and derivatives industry experience.
• Bachelor's Degree in Business, Economics or related field required, Master's degree preferred.
• Thorough knowledge of Salesforce application is preferred.

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
• 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 LinkedIn and Cboe.com.

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-CS

 

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.

 

 

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 $219,725-$284,350, 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.