Manager of Product Management

Cboe; Chicago (IL); On-site; USD 110,000 - 160,000; Full time

Job summary

Cboe is seeking a Manager, Product Management within the Clearing Product team in the U.S. market. You will design and execute the clearing product roadmap for regulated listed products, collaborating with Engineering, Risk, and Operations to align with regulatory developments and market shifts.

You will translate business initiatives into actionable requirements, own feature releases, and mentor analysts while coordinating with Clearing Member Firms and Exchanges to ensure timely delivery.

Qualifications

• 7+ years in business analysis or product management, preferably in a derivatives clearing environment.
• Ability to translate business features into clear product requirements and acceptance criteria.
• Strong communication across technical and business stakeholders.
• Experience with Agile software development lifecycle and release workflows.
• Familiarity with clearing/middle-office platforms and market regulation.

Responsibilities

• Design and implement the clearing product roadmap for regulated listed products.
• Partner with Engineering, Infrastructure, Risk, and Operations to deliver features.
• Own planning and execution of feature releases and alignment of stakeholders.
• Define test strategy with QA and validate releases prior to production.
• Monitor release performance and manage delivery risks and issues.
• Mentor Analysts on requirements-writing and best practices.
• Engage with Clearing Member Firms and Participating Exchanges for feedback.
• Support onboarding of new products and services and vendor deliverables.
• Facilitate cross-team discussions to maintain momentum and scope.

Skills

Product management

7+ years experience

Agile development

Stakeholder communication

Requirements writing

Cross-team collaboration

Analytical skills

Feature release ownership

Vendor coordination

Regulatory awareness

Education

Bachelor's degree

Tools

Jira

Confluence

FIS

ION

Broadridge

Job description

• The Manager, Product Management will be a key contributor to the Clearing Product team within the Cboe Clear U.S. business unit
• This is a manager-level, individual-contributor role. The Manager will help design and implement the clearing product roadmap for CFTC and SEC regulated listed products
• The role will partner with Engineering, Infrastructure, Risk, and Operations internally, and Clearing Member Firms’ middle and back-office platforms externally
• Contribute to product vision and roadmap planning in alignment with Clearing strategy, regulatory developments, and market shifts
• Recommend prioritization of platform features and enhancements based on strategic fit, business impact, and feasibility analysis
• Synthesize stakeholder input and technical feasibility into clear, well-defined product requirements aligned to the Product roadmap
• Translate business initiatives and regulatory requirements into actionable deliverables for Engineering, Infrastructure, Risk, and Operations teams
• Own planning and execution of assigned feature releases, ensuring requirements are clear, implementation stakeholders and business stakeholders are aligned, and delivery stays on schedule
• Partner with QA to define test strategy and validate releases prior to production deployment
• Monitor release performance and proactively flag and help resolve delivery risks and operational issues
• Serve as a Product day-to-day point of contact across departments to keep product delivery cohesive and stakeholders aligned
• Facilitate cross-team discussions throughout the feature requirement / release lifecycle to resolve open questions and maintain delivery momentum
• Mentor Analysts on requirements-writing, prioritization, and product best practices
• Engage directly with Clearing Member Firms and Participating Exchanges to gather feedback and manage day-to-day product questions
• Support back-office and middleware onboarding and education for new product integrations and services
• Assist in managing vendor deliverables to ensure alignment with platform changes and timelines

The preferred candidate should possess strong product instincts, collaborative stakeholder communication skills, and a commitment to operational excellence. The role will report to the Director, Product ManagementStrong analytical skills, with experience in feature release workflowsBachelor’s degreeDemonstrated ability to own projects independently from requirements through deliveryAbility to translate business features into written product requirements and acceptance criteria7+ years’ experience in business analysis or product management, preferably at a Derivatives Clearing Organization (DCO), Covered Clearing Agency, Exchange, Futures Commission Merchant (FCM), Broker-Dealer, or BankStrong communication skills, with the ability to inform stakeholders across technical and business teams feature requirements and implementation statusesComfortable balancing attention to detail with a broader view of platform prioritiesExposure to tokenization technologies or digital asset marketsProven experience in Agile and the software development lifecycleProficient in leveraging the Atlassian software suite (including Jira and Confluence) for project management and collaborationWorking knowledge of clearing/middle office platforms: FIS, ION, Broadridge