placement.solutions
HomeJobsCBOE Global Markets › Director, Product Margin and Capital Efficiency

Director, Product Margin and Capital Efficiency

CBOE Global Markets
IL
<h2>Job Description:</h2><div><p><b>Building trusted markets — powered by our people</b> </p><p></p><p>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. </p><p> </p><p>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. </p><p></p><p><b>Location:</b> Selected candidate must be willing to work a hybrid schedule in our Chicago office.</p><p></p><p><span><span>Cboe is one of the largest exchange operators in the world</span><span>. Our<span> </span></span><span>mission of our team is to disrupt the status quo with a relentless focus on innovation that transforms<span> </span></span><span>new ideas</span><span><span> </span>into realities. We are<span> </span></span><span>seeking</span><span><span> </span>a<span> </span></span><span>highly capable </span>Director, Product Margin and Capital Efficiency </span><span>who will report to the</span><span> </span><span>Senior Director, Cboe Labs</span><span>.</span></p><p></p></div><div><p><span><span>As the</span></span> <span>Director, Product Margin and Capital Efficiency</span><span><span>,<span> </span></span><span>you will be at the forefront of technology and product innovation, with primary responsibility for<span> </span></span><span>seeking</span><span><span> </span>the most margin and capital (risk-based haircuts) efficient treatment of current Cboe product offerings as well as products in development.<span> </span></span><span>Y</span><span>ou will<span> </span></span><span>lead efforts to</span><span><span> </span></span><span>ascertain</span><span>,</span><span><span> </span>advocate for</span><span>, and<span> </span></span><span>lead industry efforts<span> </span></span><span>for<span> </span></span><span>implement</span><span>ation of<span> </span></span><span>practical<span> </span></span><span>margin and<span> </span></span><span>capital requirements</span><span>,<span> </span></span><span>and in particular, advancing</span><span><span> </span>portfolio margining capabilities<span> </span></span><span>that<span> </span></span><span>drive efficiency through<span> </span></span><span>appropriate risk</span><span><span> </span>offsets. </span> </span></p><p></p></div><div><p><span><span>This role requires a strong background<span> </span></span><span>in<span> </span></span><span>customer</span><span>, broker-</span><span>dealer</span><span><span> </span>and<span> </span></span><span>options</span><span><span> </span>market-maker<span> </span></span><span>margin<span> </span></span><span>requirements</span><span>.<span> </span></span><span>Experience with<span> </span></span><span>customer<span> </span></span><span>margin accounts</span><span>, both s</span><span>trategy-based (Reg. T) and customer portfolio<span> </span></span><span>margin</span><span><span> </span>accounts,</span><span><span> </span>as well as<span> </span></span><span>with<span> </span></span><span>risk-based<span> </span></span><span>haircuts</span><span><span> </span></span><span>is essential</span><span>.<span> </span></span><span>This role<span> </span></span><span>requires the<span> </span></span><span>ab</span><span>ility</span><span><span> </span>to navigate the dynamic landscape to ensure<span> </span></span><span>Cboe’s</span><span><span> </span></span><span>cutting-edge</span><span><span> </span>position in the marketplace. </span></span><span> </span><br /> </p></div><div><p><span><span>In this role,<span> </span></span><span>you’ll</span><span><span> </span>join a team of expert professionals,<span> </span></span><span>focused<span> </span></span><span>on</span><span><span> </span>innovat</span><span>ion</span><span><span> </span>and execut</span><span>ion</span><span><span> </span>while also<span> </span></span><span>serving</span><span><span> </span>as a member of the Cboe Global Derivatives leadership team. This position requires<span> </span></span><span>strong collaboration</span><span><span> </span>skills and a desire to work side by side with all our support partners.</span></span><span> </span></p><p></p><div><p><b><span>Your responsibilities will be:</span></b><span> </span></p></div><div><ul><li><p><span><span>Monitor</span><span><span> </span></span><span>and manage<span> </span></span><span>margin and risk-based haircut requirements<span> </span></span><span>for<span> </span></span><span>derivatives</span><span>,<span> </span></span><span>securities as well</span><span><span> </span></span><span>as</span><span><span> </span>futures.</span></span><span> </span></p></li></ul></div><div><ul><li><p><span><span>As necessary,<span> </span></span><span>ascertain</span><span>,<span> </span></span><span>p</span><span>lan, develop, and implement<span> </span></span><span>margin requirements<span> </span></span><span>and/or risk-based haircut</span><span><span> </span>treatment<span> </span></span><span>for new product</span><span>s</span><span>.</span><span><span> </span>Continually<span> </span></span><span>consider<span> </span></span><span>improvement</span><span>s</span><span><span> </span></span><span>that would<span> </span></span><span>benefit</span><span><span> </span></span><span>all Cboe</span><span><span> </span>product offerings.</span></span><span> </span></p></li></ul></div><div><ul><li><p><span><span><span>Engage and </span>coordinate<span> </span></span><span>with<span> </span></span><span>Cboe Legal on margin rule filings<span> </span></span><span>(as necessary) and interaction</span><span>s</span><span><span> </span>with SEC</span><span><span> </span>and CFTC</span><span><span> </span>staff</span><span>.</span><span><span> </span> </span><span>Engage with and coordinate<span> </span></span><span>with FINRA</span><span><span> </span>on a continuous basis</span><span>.</span></span><span> </span></p></li></ul></div><div><ul><li><p><span><span>Partner with the<span> </span></span><span>Cboe L
Apply on firm site →