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.
This role follows a four day in office work model, based at Cboe HQ in the historic Old Post Office district in downtown Chicago.
Responsibilities
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
Some of our associates' favorite benefits and perks include:
•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
Compensation
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.
The anticipated base salary range for this role is $140,250-$181,500 (applicable for US locations only), 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.
