Manager, Index Operations

Work Model To support strong partnership and team connection, this role follows a four day in office work model. Position Summary US Team Lead with Cboe Global Indices (CGI). The CGI team currently researches, designs, and implements new index strategies supporting both Cboe’s branded indices and client-owned indices. Manager of Index Operations coordinates the daily calculation, maintenance and validation of CGI’s indices in the US, including client interaction, error handling, presenting to index committees, and evaluating and building validation tools to ensure compliance with control framework. This role is primarily focused on derivatives and will additionally provide exposure to equities. Your responsibilities will be: Manage and expand team of index analysts in multiple offices Calculate CGI’s US suite of indices, covering options, as well and 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 Work on enhancement initiatives to support robust and scalable processes in line with established control framework The ideal candidate has: 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. Ability to solve non-routine problems. Effective interpersonal and communication skills. Must be self‑motivated and be able to work independently as well as part of a team. Strong focus on training and onboarding new employees. Education Bachelor’s degree in Engineering, Mathematics, Computer Science or related field required. Advanced degree preferred. Benefits And Perks Of Working For Cboe Global Markets 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 Equal Employment Opportunity We’re proud to be an equal opportunity employer and 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. 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 $135,575–$175,450, 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. #J-18808-Ljbffr Cboe Global Markets