Quantitative Data Analyst

Insight Global (United States); Chicago (IL); On-site; USD 120,000 - 190,000; Full time

Job summary

Cboe Global Markets, based in Chicago, seeks a Senior Quantitative Analyst with a product development mindset to analyze equity, FX, options and futures datasets for commercial use.

You will turn complex market data into client-ready data products, applying ML techniques and maintaining close collaboration with engineering, sales, and clients in a fast-paced, in-office four-day-per-week environment.

Qualifications

• Bachelor’s or Master’s degree in Quantitative Finance, CS, Data Science, Statistics, Engineering, or related field.
• 5–8+ years in a quantitative, data science, research, or market data role at a trading firm, exchange, fintech, or data provider.
• Experience with Python, SQL, data visualization, and ML techniques.

Responsibilities

• Analyze market microstructure across equities, FX, options, and futures to identify insights.
• Design and package historical datasets for institutional clients with scalable cloud delivery.
• Apply statistical and machine learning methods to improve dataset quality and insights.
• Collaborate with engineering and sales teams to support data delivery and product positioning.

Skills

Python

SQL

Machine Learning

Data analysis

Education

Bachelor’s/Master’s in Quantitative Finance/CS/Data Science/Statistics/Engineering

Tools

Snowflake

AWS

GCP

Job description

Job Description

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.

PLEASE NOTE: To support strong partnership and team connection, this role follows a four day in office work model.

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

We are seeking a Senior Quantitative Analyst with a strong product development mindset to analyze exchange datasets across equities, FX, options, and futures. This role focuses on identifying, structuring, and enhancing datasets for commercial use. The ideal candidate brings experience in quantitative finance, data analytics, and statistical modeling, with the ability to turn complex market data into practical client-ready products.

Key Responsibilities

• Exchange Data Analysis & Research Analyze market microstructure across equities, FX, options, and futures to identify actionable insights.Evaluate exchange and proprietary datasets to support trading, risk, and execution use cases.Build liquidity metrics, order book analytics, and related measures to assess market behavior.
• Data Product Development & Commercialization Help design and package historical datasets for institutional clients with a focus on usability and scale.Support product specifications and delivery approaches, including cloud distribution channels such as Snowflake and AWS Marketplace.Ensure datasets are structured for quantitative research, execution analysis, and compliance needs.Partner with engineering teams on data ingestion, normalization, and delivery workflows.
• Advanced Data Analytics & Machine Learning Apply statistical and machine learning techniques to identify patterns, anomalies, and predictive signals.Use modeling, regression, and clustering methods to improve dataset quality and insight generation.
• Data Distribution & Market Engagement Work with internal teams and clients to understand data needs and commercial use cases.Conduct competitive analysis of market data and alternative data offerings.Support sales and marketing with analytics and product positioning for client discussions.

Skills and Requirements

Required Qualifications & Skills:

Education & Experience

Bachelor’s or Master’s degree in Quantitative Finance, Computer Science, Data Science, Statistics, Engineering, or a related field.5-8+ years of experience in a quantitative, data science, research, or market data role at a trading firm, exchange, fintech, or data provider.Technical & Analytical Skills

Programming skills in Python and SQL, with experience in data analysis and visualization tools.Familiarity with machine learning techniques such as supervised learning, clustering, and anomaly detection.Working knowledge of market data APIs, real-time data processing, or related infrastructure.Exposure to cloud-based data platforms such as Snowflake, AWS, or GCP is a plus.Preferred Qualifications:

Preferred Qualifications

Prior experience at a market data provider, exchange, or trading analytics firm.Familiarity with cloud-based data processing (AWS, GCP, Azure) and distributed computing frameworks.Ability to apply machine learning in finance, particularly in predictive modeling and trading signals.

We are a company committed to creating diverse and inclusive environments where people can bring their full, authentic selves to work every day. We are an equal employment opportunity/affirmative action employer that believes everyone matters. Qualified candidates will receive consideration for employment without regard to race, color, ethnicity, religion, sex (including pregnancy), sexual orientation, gender identity and expression, marital status, national origin, ancestry, genetic factors, age, disability, protected veteran status, military or uniformed service member status, or any other status or characteristic protected by applicable laws, regulations, and ordinances. If you need assistance and/or a reasonable accommodation due to a disability during the application or the recruiting process, please send a request to [e-mail].