Sr. Analyst, Business Strategy & Operations

Cedar Cares, Inc; Chicago (IL); Hybrid; USD 103,000 - 133,000; Full time

Job summary

Cboe Global Markets in Chicago is seeking a Sr. Analyst, Business Strategy & Operations to act as the analytical and operational engine for Market Data Administration. You will own metrics, reporting frameworks, and operating cadence, turning data into decisions for senior leadership.

The role requires 5+ years in operations/analytics with strong Excel, SQL, and data visualization skills; hybrid work with a Chicago office, and growth into a skilled business operator.

Qualifications

• 5+ years in business operations, strategy, or analytics.
• BS in Engineering, CS, Data Analytics, Economics, Finance, or related field; MBA preferred.
• Advanced Excel; ability to handle large datasets, pivot tables, Power Query and complex formulas.
• SQL experience is a plus; familiarity with databases and data structures.
• Proficiency with data visualization tools like Sigma, Power BI or Tableau.

Responsibilities

• Translate direction into executable plans with clear owners and milestones.
• Drive planning cycles, business reviews, and leadership meeting cadences.
• Develop business cases for headcount, tooling, and tech investments.
• Prepare executive-ready analyses and memos for senior leadership.
• Design KPI framework, source data, and ensure trustworthy reporting.
• Query operational data across databases to answer strategic questions.
• Build dashboards and automated reporting to reduce manual effort.
• Model financial and operational scenarios and capacity.

Skills

Advanced Excel

SQL experience

Power BI or Tableau

Data analytics

Communication skills

Business mindset

Power Query

Education

BS in Engineering or related field

MBA preferred

Tools

Sigma

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

Role Overview

The Sr. Analyst, Business Strategy & Operations will serve as the analytical and operational engine behind Cboe's global Market Data Administration organization - functioning as chief of staff and de facto business operator to senior global market data leadership. Reporting to the Head of Market Data Administration, this role owns the metrics, reporting frameworks, and operating cadence that the business runs on. This is a builder's role. Market Data Administration sits at the intersection of contracts, entitlements, usage reporting, billing, and compliance across thousands of firms worldwide. The person in this seat will decide what gets measured, automate what shouldn't be manual, and turn a large volume of operational data into decisions leadership can act on. We are looking for raw analytical horsepower paired with genuine business instinct. The ideal candidate is technical by training or by trade - an engineer, data analyst, or similar - fluent with databases, exceptional in Excel, and motivated to grow into a skilled business operator rather than remain a pure analyst. Experience in financial markets is a plus, not a prerequisite; we will teach the market data business to someone who brings the horsepower and the appetite. The individual will be a self‑starter who is intelligent, eager, personable, highly organized, and comfortable operating with ambiguity in a fast‑paced, complex, and intellectually rewarding environment.

Your Responsibilities

• Strategy & Execution: Serve as a thought partner to senior global market data leadership on strategic priorities, translating direction into executable plans with clear owners, milestones, and measures of success.
• Drive the operating cadence of the organization (planning cycles, business reviews, and leadership meetings) and hold the organization accountable to its commitments.
• Own business case development for headcount, tooling, and technology investments; build the model, defend the assumptions, and carry the decision through to implementation.
• Prepare analysis, memos, and executive‑ready materials for senior leadership and cross‑divisional stakeholders.
• Analytics, Reporting & Automation: Design and build the KPI and metrics framework for Market Data Administration: define what matters, source the data, and make the reporting trustworthy.
• Query operational data directly across databases and reporting platforms to answer questions no existing report answers.
• Build and maintain dashboards and recurring reporting that replace manual effort; identify automation opportunities and drive them to implementation.
• Develop financial and operational models covering capacity, workforce, revenue at risk, and scenario analysis.
• Operational Planning & Organizational Design: Lead operational planning, workforce analysis, and capacity modeling across a global team.
• Assess organizational structure and process against actual workload; recommend and implement changes that improve throughput and scalability.
• Document and standardize core processes, and establish controls and quality measures where none exist today.
• Cross‑Functional Partnership & Process Optimization: Partner with Sales, Client Experience, Market Data Services, Product, Legal, Compliance, Finance, and Engineering to resolve complex issues that span team boundaries.
• Serve as an escalation point for operational issues that cross organizational lines, and provide thought leadership on operational excellence and scalability.
• Support technology adoption across the organization, including entitlements, usage reporting, billing, and administration platforms.

Ideal Candidate

The Ideal Candidate Has 5+ years of experience in business operations, strategy and operations, data analytics, consulting, engineering, or a comparable analyticalrole. BS in Engineering, Computer Science, Data Analytics, Mathematics, Economics, Finance, or a related quantitative discipline; MBA or other advanced degree strongly preferred.

• Advanced Excel skills: able to build models from scratch and work confidently with large datasets, pivot tables, Power Query, and complex formula logic.
• This is a real requirement, not a checkbox
• Working fluency with databases and data structures; SQL experience is a significant plus
• Proficiency with data analysis, reporting, and visualization tools such as Sigma, Power BI or Tableau
• Demonstrated ability to bridge technical analysis and business decision‑making; someone who can write the query and then explain what the business should do about the answer
• Strong business acumen and a clear ambition to develop into a skilled business operator
• Excellent written and verbal communication, including prior experience preparing written analysis and documents for senior audiences
• Ability to prioritize across multiple competing projects, shift focus quickly as priorities change, and identify and escape risks to successful execution early
• Sound judgment on complex and ambiguous matters, and a service orientation toward internal and external stakeholders
• Self‑starter who delivers both independently and as part of a team, and meets deadlines without being managed to them
• Experience in financial markets or the market data business is a plus, not a requirement

Location

Selected candidate must be willing to work a hybrid schedule in our Chicago office. Approximately 10% travel.

Salary

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 $102,850-$133,100, 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, including benefits and other compensation components, can be found here: Total Rewards at CBOE.

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.

#LI-CS

Cboe Global Markets is an Equal Opportunity Employer.

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.

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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]