Index Quantitative Analyst

Chicago, IL

Full-time

Hybrid

$89K/yr - $110K/yr

Entry, Mid Level

Cboe Global Markets is a leading provider of market infrastructure and tradable products, seeking an Index Quantitative Analyst for their Cboe Global Indices team. The role involves researching, designing, and implementing new index strategies, including backtesting and developing methodologies for new index products.

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Responsibilities

Backtesting and methodology creation to support new index strategies
Research, create and support the index development initiatives for Cboe Global Indices with a focus on equities and options
Help build and standardize modular index calculation frameworks in Python, enabling efficient development and maintenance of new and existing indices
Evaluate new data sets for usage in index calculation, looking at data quality, completeness, and fit for index purposes
Participate in client meetings to develop new index concepts, providing direction and analysis to convert client ideas into viable index methodologies
Work collaboratively with other Cboe departments on new index launches, as well as post-launch support

Qualification

Required

Minimum of 2 years of related experience with a bachelor's degree in Engineering, Mathematics, Computer Science or related field required
Strong quantitative and programming skills; experience in Python, R and SQL with preference to Python
Experience with written documentation of projects
Experience using Git or other version control software
Familiarity with options pricing, volatility surfaces, or derivatives markets
Strong problem solving skills
Effective interpersonal and communication skills
Self-starter with the ability to manage multiple projects independently and collaboratively
Exposure to writing APIs to access various databases
Exposure to index construction, factor investing, or systematic strategy research

Preferred

Advanced degree preferred

Benefits

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

Cboe Global Markets (Cboe) is the leading exchange network for global derivatives, foreign exchange, digital asset and securities trading solutions.

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