Senior Quantitative Analyst, Index Operation (Flex Hybrid/Remote)

ErisX

ErisX

IT
Chicago, IL, USA
Posted on Saturday, January 13, 2024

Job Description

Summary: Senior Quantitative Analyst, Index Operations position sits within the Cboe Global Index (CGI) Operations team. In this role, the Index Operations Analyst will support the day-to-day maintenance of the Cboe US Indices on a real time and end of day calculation, as well as the monitoring of index delivery and distribution in a timely and accurate manner. The team is responsible for data administration/QA, product sales support, product research and change-management activities for its U.S. Index business. The role will be primarily focused on derivatives-based strategies This role will perform activities related to full operational support for daily index maintenance. The position will report to Manager of U.S. Index Operations.

Location: Can be hybrid based out of our Chicago, Kansas City, NYC locations OR 100% remote in the USA.

Responsibilities:

  • Day-to-day responsibility for the smooth operation of U.S. Derivatives-based Index calculation and dissemination
  • Timely resolution of issues in co-ordination with relevant third parties and internal Cboe departments
  • Perform periodic rebalances of Cboe US Indices in accordance with relevant timetables and provide client support related to rebalance events.
  • Develop processes and tooling for validation of daily index data.
  • Present ideas to automate and streamline index operation processes.
  • Work collaboratively with other Cboe departments, third parties and vendors on new index launches and enhancements.
  • Work directly with index product partners
  • Client Support e.g., on-boarding and query handling
  • Maintain and support detailed written standard operating procedures for daily processes.
  • Record and maintain data for Key Performance Indicators, alerts and validation monitoring for potential errors in index calculations and dissemination.
  • Participate in technical and methodological change-management processes related to index calculation and distribution.
  • Performs other related duties as required or requested.

Requirements

  • 2-4 years financial markets experience in a related capacity
  • Derivatives experience a plus
  • Strong quantitative and programming skills; ability to perform data and complex statistical analysis.
  • Minimum 2 years demonstrated professional experience in R, Python, and/or other object-oriented programming language. Experience with REST APIs is a plus.
  • Proficiency in solving complex programming problems and “de-bugging”.
  • Experience utilizing large datasets to create complex models and dashboards.
  • Ability to interpret and apply mathematical index methodologies to real-world situations.
  • Strong organizational and problem-solving skills.
  • Effective interpersonal and communication skills; solid writing skills is a must.
  • Must be self-motivated and have the ability to work independently as well as part of a team, requiring minimal direction and follow-up.
  • Experience with MS-Office, particularly advanced skills with MS-Excel

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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.