Senior Director, Head of Data & Analytics Product Development

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.   PLEASE NOTE: To support strong partnership and team connection, this role follows a four day in office work model. 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. About the RoleCboe Global Markets is seeking a Head of Data & Analytics Product Development to help identify, develop, and monetize data products built from Cboe's proprietary data and analytics assets. Reporting into the Data Product Strategy team, this role turns data and research into product concepts that shape the roadmap and drive commercial value.This role will act as a player/coach by being an active participant in building new data products, while leading a small team centered on three outcomes: uncovering new data and product opportunities through rigorous research, partnering with technology and analytics teams to build and launch data products, and converting those capabilities into scalable revenue. The role also helps shape Cboe's AI strategy by identifying where AI can enhance existing and future analytics products.What You'll DoData Science Research & Product DiscoveryLead data scientists and applied researchers in uncovering new datasets, signals, and product concepts with commercial potentialOversee research from exploratory analysis and modeling through prototype development to generate evidence-based product recommendationsAssess the feasibility, differentiation, and market relevance of new ideas and help prioritize the strongest opportunitiesHelp with building out analytics and insights related to Cboe’s prediction marketsMonitor market trends, client needs, and competition to focus research on real demand and differentiated opportunitiesEstablish research and validation standards using statistical analysis, pilots, and experimentation to test product hypothesesProduct Development CollaborationServe as the lead data science partner to technology, engineering, and analytics teams by translating research into technical requirementsPartner with roadmap owners to align priorities to data science insights and package outputs to accelerate developmentSupport delivery during build by answering technical questions, validating outputs, and preserving research intentContribute to post-launch analysis of performance, usage, and enhancement opportunitiesAI Strategy for Analytics OfferingsDefine the product vision and commercial roadmap for integrating Generative AI. Agentic and advanced analytics capabilities into the Data Vantage analytics product suite, with a focus on customer value and revenue impactEvaluate AI-driven product opportunities (e.g., intelligent insights, automation, and data enrichment) in alignment with Cboe’s data ecosystem, client workflows, and strategic product prioritiesPartner with engineering, data science, and platform teams to translate AI opportunities into clear product requirements, prioritizing usability, scalability, and time-to-market within the broader roadmapLead the development of product-level principles for AI-enabled features, including transparency, explainability, governance, and responsible use in regulated financial marketsServe as the voice of the customer by incorporating client feedback, usage data, and market insights to shape AI-enabled features that address real-world workflows and deliver measurable client outcomesMonetization & CommercializationSupport pricing, packaging, and licensing decisions by articulating the value and differentiation of the data and methodologyHelp build business cases for new investments using data-backed analysis of market opportunity and demandIdentify ways to extend or repackage existing datasets and analytics into new revenue streamsTrack revenue and adoption metrics and partner with commercial teams to refine products based on performanceWhat You'll BringRequired10+ years in data science, applied research, or analytics within financial services, market data, fintech, or another data-intensive businessExperience leading data science or analytics teams and turning analytical work into product outcomesStrong understanding of market data, exchange ecosystems, or financial data products and client value driversTechnical fluency in data science and AI/ML, including modeling, machine learning, LLMs, and predictive analyticsProven ability to collaborate across product, technology, and engineering from concept through deliveryClear communicator who can translate complex analytical findings into actionable product recommendations#LI-CP2Benefits 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 our website and LinkedIn. 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.   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 $233,750-$302,500, 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. SummaryLocation: Chicago, ILType: Full time