Reconciliation investigator

Building trusted markets — powered by our people
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.

Building trusted markets — powered by our people
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. 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.

Hybrid role with required in-office presence Monday through Thursday each week. Conduct surveillance and analysis of order entry and trading activity on the Exchanges to detect potential violations of Cboe and CFE rules and policies, with heavy use of Python (pandas) and advanced Excel (Power Query, pivot tables, complex formulas).

Leveraged AI-assisted analytics and Python (pandas, NumPy) to identify patterns in cross‑market trading activity, improving surveillance signal quality, reducing manual review time, and accelerating end‑to‑end investigations.

Investigate alerts end‑to‑end: triage, validate, enrich with contextual data, reconstruct timelines, and document detailed findings suitable for review and potential escalation.

Analyze and compile data into meaningful summaries and investigative narratives; Contribute to new surveillance processes and operational methodologies, including data pipelines, query logic, and tuning of alert thresholds to address evolving regulatory concerns.

prepare structured memos that clearly lay out evidence, rationale, and conclusions.

Develop and maintain deep understanding of the Exchanges’ regulatory environment, relevant rules and regulations, market microstructure, technologies and systems, and investigative/examination techniques.

Collaborate with cross‑functional partners, particularly the Options Investigations team, to improve signal quality, share insights, and deliver effective, efficient surveillance outcomes.

Participate in special projects (e.g., backtesting surveillance logic, data quality audits, automation of repetitive workflows, and retrospective reviews).

2+ years of experience in the securities/trading industry (derivatives experience preferred), ideally in surveillance, compliance, or risk.

Python (pandas, numpy; comfort with Jupyter notebooks and reproducible analysis).

Excel (advanced): Power Query, pivot tables, nested formulas, data cleansing, reconciliation.

SQL: ability to write performant queries, joins, window functions, and QA data outputs.

Preferred data stack exposure: SIGMA, Snowflake, and Big Data SQL environments for large‑scale investigative analysis.

Exceptional analytical and research skills, with the ability to apply both quantitative and qualitative analysis to ambiguous, detail‑heavy problems.

Clear and effective communication skills (written and verbal) — capable of distilling complex market activity into concise, structured findings.

Highly proficient in MS Office suite; experience with versioning of analyses and artifacts (e.g., Experience with relational databases SQL, VBA, or Access for workflow automation.

Experience with SMARTS Trade System Surveillance software.

Bachelor’s degree required; economics, business, accounting, finance, statistics, computer science, or related fields (preferred). MS in Data Science/Statistics/Economics/Finance, MBA).

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. Generous paid time off, including vacation, personal days, sick days and annual community service days

Flexible, hybrid work environment

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

On‑site gyms and discounts to other fitness centers

Learn more about life at Cboe on our website and LinkedIn.

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. This role may also be eligible for annual incentive compensation and, where applicable, participation in Cboe's long‑term equity programs.

com email or via LinkedIn Recruiter.