Senior Director, Head of Data & Analytics Product Development

Cedar Cares, Inc; Chicago (IL); On-site; USD 234,000 - 303,000; Full time

Benefits offered by this job

Fair and competitive pay

Generous paid time off

Health, dental and vision benefits

401(k) match

Tuition assistance

Employee stock purchase plan

On-site gyms

Parental leave

Job summary

Cboe Global Markets is seeking a Head of Data & Analytics Product Development to identify, develop, and monetize data products built from Cboe's proprietary data and analytics assets. Reporting to the Data Product Strategy team, this role turns data and research into product concepts that shape the roadmap and drive commercial value.

The role acts as a player/coach, leading a small team and collaborating with technology, analytics, and product teams to deliver data products and AI-enabled

Qualifications

• 10+ years in data science, analytics, or related field in financial services or data-intensive business.
• Experience leading analytics teams and translating research into product outcomes.
• Strong understanding of market data, exchange ecosystems, or financial data products.

Responsibilities

• Lead data science and analytics team to identify new datasets and monetizable concepts.
• Translate research into technical requirements for engineering and product roadmaps.
• Define AI-enabled features and a commercial roadmap for analytics offerings.
• Partner with product, tech, and analytics teams to ensure successful delivery and post-launch analysis.

Skills

Data science

Team leadership

Financial data

AI/ML

Product collaboration

Communication

Job description

Overview

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.

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.

About the Role

Cboe Global Markets is seeking a Head of Data & Analytics Product Development to help identify, develop, and monetize data products built from Cboe's proprietary data and analytics assets. Reporting into the Data Product Strategy team, this role turns data and research into product concepts that shape the roadmap and drive commercial value. This role will act as a player/coach by being an active participant in building new data products, while leading a small team centered on three outcomes: uncovering new data and product opportunities through rigorous research, partnering with technology and analytics teams to build and launch data products, and converting those capabilities into scalable revenue. The role also helps shape Cboe's AI strategy by identifying where AI can enhance existing and future analytics products.

What You’ll Do

• Data Science Research & Product Discovery Lead data scientists and applied researchers in uncovering new datasets, signals, and product concepts with commercial potential
• Oversee research from exploratory analysis and modeling through prototype development to generate evidence-based product recommendations
• Assess the feasibility, differentiation, and market relevance of new ideas and help prioritize the strongest opportunities
• Help with building out analytics and insights related to Cboe’s prediction markets
• Monitor market trends, client needs, and competition to focus research on real demand and differentiated opportunities
• Establish research and validation standards using statistical analysis, pilots, and experimentation to test product hypotheses

• Product Development Collaboration Serve as the lead data science partner to technology, engineering, and analytics teams by translating research into technical requirements
• Partner with roadmap owners to align priorities to data science insights and package outputs to accelerate development
• Support delivery during build by answering technical questions, validating outputs, and preserving research intent
• Contribute to post-launch analysis of performance, usage, and enhancement opportunities

• AI Strategy for Analytics Offerings Define the product vision and commercial roadmap for integrating Generative AI. Agentic and advanced analytics capabilities into the Data Vantage analytics product suite, with a focus on customer value and revenue impact
• Evaluate AI-driven product opportunities (e.g., intelligent insights, automation, and data enrichment) in alignment with Cboe’s data ecosystem, client workflows, and strategic product priorities
• Partner with engineering, data science, and platform teams to translate AI opportunities into clear product requirements, prioritizing usability, scalability, and time-to-market within the broader roadmap
• Lead the development of product-level principles for AI-enabled features, including transparency, explainability, governance, and responsible use in regulated financial markets
• Serve as the voice of the customer by incorporating client feedback, usage data, and market insights to shape AI-enabled features that address real-world workflows and deliver measurable client outcomes

• Monetization & Commercialization Support pricing, packaging, and licensing decisions by articulating the value and differentiation of the data and methodology
• Help build business cases for new investments using data-backed analysis of market opportunity and demand
• Identify ways to extend or repackage existing datasets and analytics into new revenue streams
• Track revenue and adoption metrics and partner with commercial teams to refine products based on performance

What You’ll Bring

• Required 10+ years in data science, applied research, or analytics within financial services, market data, fintech, or another data-intensive business
• Experience leading data science or analytics teams and turning analytical work into product outcomes
• Strong understanding of market data, exchange ecosystems, or financial data products and client value drivers
• Technical fluency in data science and AI/ML, including modeling, machine learning, LLMs, and predictive analytics
• Proven ability to collaborate across product, technology, and engineering from concept through delivery
• Clear communicator who can translate complex analytical findings into actionable product recommendations

#LI-CP2

Benefits and Perks

We value the total wellbeing of our people – including health, financial, personal and social wellness. We believe standard benefits like health insurance and fair pay are a given at any organization. Still, you should know we offer:

• 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.

Equal Employment Opportunity: We're proud to be an equal opportunity employer do 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): The anticipated base salary range for this role is $233,750-$302,500, 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. Additional information about Cboe's total rewards program can be found here: Total Rewards at CBOE.

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 an Equal Opportunity Employer. For more information, please click the following links: Equal Employment Opportunity is The Law (in English) Equal Employment Opportunity is The Law (in Spanish) Equal Employment Opportunity is The Law (Supplement) E-Verify Participation Poster (English & Spanish) Right to Work Poster (English) Right to Work Poster (Spanish) If you have been contacted about a job opening at Cboe by someone that does not have a @cboe.com email, this is NOT a trusted source. Cboe only utilizes emails from @cboe.com or LinkedIn messaging for recruitment purposes. Cboe does not use any other third-party messaging applications. We recommend that you refrain from responding to Cboe recruitment emails that are not from a cboe.com email address and to file a complaint with the Internet Crime Complaint Center IC3 at https://www.ic3.gov/. If you have further questions, please reach out to the Cboe HR team at [e-mail]