Manager, Product Management

Cedar Cares, Inc; Chicago (IL); On-site; USD 140,000 - 182,000; Full time

Job summary

Cboe Global Markets is seeking a Manager, Product Management to drive the clearing product roadmap for CFTC/SEC regulated listed products in its Clearing Product team. You will partner with Engineering, Risk, and Operations and report to the Director, Product Management.

The role emphasizes strong product instincts, stakeholder communication, and operational excellence supporting vendor engagements and client onboarding.

Qualifications

• Bachelor's degree required and 7+ years in business analysis or product management, preferably in derivatives clearing/finance.
• Strong ability to own projects from requirements through delivery and to translate business needs into product requirements and acceptance criteria.
• Demonstrated stakeholder communication across technical and business teams; analytical mindset with feature release workflows.
• Experience with Agile software development lifecycle and using Atlassian tools (Jira, Confluence) for project collaboration.

Responsibilities

• Contribute to product vision and roadmap planning aligned with clearing strategy and regulatory developments.
• Translate business initiatives into actionable deliverables for Engineering, Risk, and Operations teams; own feature releases and ensure on-time delivery.
• Partner with QA to define test strategies and validate releases prior to production deployment; monitor release performance and address risks.
• Serve as product lead across departments to maintain cohesive delivery and stakeholder alignment; mentor analysts on requirements writing and prioritization.
• Engage Clearing Member Firms and Exchanges to gather feedback and support onboarding of new product integrations.

Skills

Product management

Stakeholder communication

Analytical skills

Agile experience

Education

Bachelor's degree

Tools

Jira

Confluence

FIS

ION

Broadridge

Job description

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.

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.

Role Overview

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. 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 Management.

Your responsibilities will be:

Product Strategy & Planning

• 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

Product Development & Delivery Oversight

• 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

Cross‑Functional Collaboration

• 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

Client & Vendor Engagement

• 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 ideal candidate has:

• Bachelor's degree
• 7+ 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 Bank
• Demonstrated ability to own projects independently from requirements through delivery
• Strong analytical skills, with experience in feature release workflows
• Ability to translate business features into written product requirements and acceptance criteria
• Strong communication skills, with the ability to inform stakeholders across technical and business teams feature requirements and implementation statuses
• Comfortable balancing attention to detail with a broader view of platform priorities

You’ll really stand out with:

• Working knowledge of clearing/middle office platforms: FIS, ION, Broadridge
• Proven experience in Agile and the software development lifecycle
• Proficient in leveraging the Atlassian software suite (including Jira and Confluence) for project management and collaboration
• Exposure to tokenization technologies or digital asset markets

Benefits and Perks of working for Cboe Global Markets

• 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
• 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 who does 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 $140,250-$181,500, 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.

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. Cboe is always looking for intelligent, innovative and hard‑working individuals. Our success is based on our talented team of industry and technology professionals, which we believe is the strongest in the industry, and we pride ourselves on hiring the best and brightest.

If you have further questions, please reach out to the Cboe HR team at [e-mail]