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Senior Quantitative Data Analyst

Cboe Global Markets · Chicago, IL · United States

Senior Quantitative Data Analyst – Chicago, IL – Build market datasets and productize trading data Lead analysis across equities, FX, options & futures while creating client-ready data products.

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Senior Quantitative Data Analyst – Chicago, IL – Build market datasets and productize trading data

Lead analysis across equities, FX, options & futures while creating client-ready data products.

Location Overview

Cboe HQ is located in the historic Old Post Office district, i t’ 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

We are seeking a Senior Quantitative Analyst with a strong product development mindset to analyze exchange datasets across equities, FX, options, and futures. This role focuses on identifying, structuring, and enhancing datasets for commercial use. The ideal candidate brings experience in quantitative finance, data analytics, and statistical modeling, with the ability to turn complex market data into practical client-ready products.

Key Responsibilities

1. Exchange Data Analysis & Research Analyze market microstructure across equities, FX, options, and futures to identify actionable insights. Evaluate exchange and proprietary datasets to support trading, risk, and execution use cases. Build liquidity metrics, order book analytics, and related measures to assess market behavior. 2. Data Product Development & Commercialization Help design and package historical datasets for institutional clients with a focus on usability and scale. Support product specifications and delivery approaches, including cloud distribution channels such as Snowflake and AWS Marketplace. Ensure datasets are structured for quantitative research, execution analysis, and compliance needs. Partner with engineering teams on data ingestion, normalization, and delivery workflows. 3. Advanced Data Analytics & Machine Learning Apply statistical and machine learning techniques to identify patterns, anomalies, and predictive signals. Use modeling, regression, and clustering methods to improve dataset quality and insight generation. 4. Data Distribution & Market Engagement Work with internal teams and clients to understand data needs and commercial use cases. Conduct competitive analysis of market data and alternative data offerings. Support sales and marketing with analytics and product positioning for client discussions.

Required Qualifications & Skills

Education & Experience Bachelor’s or Master’s degree in Quantitative Finance, Computer Science, Data Science, Statistics, Engineering, or a related field . 5-8+ years of experience in a quantitative, data science, research, or market data role at a trading firm, exchange, fintech, or data provider. Technical & Analytical Skills Programming skills in Python and SQL , with experience in data analysis and visualization tools. Familiarity with machine learning techniques such as supervised learning, clustering, and anomaly detection. Working knowledge of market data APIs, real-time data processing, or related infrastructure. Exposure to cloud-based data platforms such as Snowflake, AWS, or GCP is a plus.

Preferred Qualifications

Prior experience at a market data provider, exchange, or trading analytics firm . Familiarity with cloud-based data processing (AWS, GCP, Azure) and distributed computing frameworks. Ability to apply machine learning in finance , particularly in predictive modeling and trading signals.

Benefits and Perks

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   y 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.

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  v eteran status. We are committed to fostering a workplace where all individuals are valued and respected. 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 $116,875-$151,250, 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.

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