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
Cboe is seeking a Director, Assistant General Counsel, to provide legal and regulatory support to Cboe’s U.S. securities businesses as needed, while focusing primarily on the U.S. Market Data and Access Services businesses (“MD&AS”) and the U.S. Exchange Traded Product (“ETP”) Listings business. As Director, Assistant General Counsel, you will review and draft rules and rule filings to applicable regulators, as well as respond to other general legal matters including those related to securities trading and securities listings. The successful candidate will need to be a motivated self-starter, willing to take initiative as well as collaborate with more senior attorneys and incorporate their guidance and feedback into their day-to-day responsibilities. As an operator of exchanges and other trading venues, Cboe operates in a highly regulated environment and compliance by Cboe with its legal and regulatory obligations is paramount in the conduct of its business. In addition, the successful candidate will need to demonstrate a willingness and capability to learn the various regulatory frameworks that apply to Cboe and how to navigate them.
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 inclusive 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. Our Associate Resource Groups champion diversity, equity and inclusion, giving associates a safe space to network, share ideas and create opportunities
Your responsibilities will be:
- Review and draft rules and rule filings to applicable regulators to explain the purpose and basis of those rules.
- Responsible for steering any rule changes through internal corporate and external regulators’ review & approval processes
- In conjunction with more senior attorneys, partner with the U.S. securities businesses to drive growth by providing legal counsel and innovative thinking.
- Keep apprised of new and existing regulations and business initiatives, and work with senior legal leaders to provide legal and regulatory advice to the applicable businesses.
- Provide legal support for functions relating to compliance with the requirements applicable to national securities exchanges, including exchange membership, and services and products offered by Cboe’s U.S. equities exchanges.
- Provide legal guidance relating to regulatory requests, exams, inspections, and/or similar matters involving Cboe’s U.S. securities exchanges.
- In addition to the U.S. securities businesses, provide legal support to other functions across Cboe, including but not limited to, Compliance, Regulatory, Technology, Operations, Risk, Market Policy & Government Affairs, Billing, and Finance.
- Maintain high standards of legal and regulatory compliance and promote a culture of compliance, by among other things, helping ensure compliance with all legal and regulatory requirements of operating a national securities exchange.
- Respond to other general legal matters including those related to securities trading and corporate law issues.
- Review regulatory and informational publications.
- Other legal support for company activities.
- Help drive the adoption of AI, automation, and improved workflows across Legal, partnering with teams to modernize core processes, strengthen controls, improve efficiency, and enhance program scalability.
- Help build the team’s capabilities and support leaders in adopting new tools and technology, fostering a culture of continuous improvement, innovation, and responsible use of emerging capabilities.
The ideal candidate has
- Minimum of 8-10 years of relevant work experience, preferably at a law firm, a financial services firms or a financial market regulator.
- Strong legal writing and analytical skills, and experience in drafting regulatory filings.
- A working knowledge of fundamental equities market structure terminology and how on-exchange equities trading is conducted, as well as a willingness to develop a deeper understanding of these areas and how to navigate the applicable legal and regulatory frameworks.
- A basic understanding of market data and access solutions, and the ETP regulatory framework (including but not limited to, SEC Rule 6c-11), or a willingness to develop a fundamental understanding of these businesses, and the related legal frameworks applicable to these areas and how to navigate them.
- A self-stater attitude and comfort working both independently and collaboratively (as circumstances dictate) towards completing assigned tasks, as well as under the supervision of more senior attorneys.
- A highly-motivated attitude, Good attention to detail, and the ability to proactively organize a heavy workload and demonstrate excellent analytical abilities.
- Ability to collaborate cross-functionally across the businesses, technology and operations, compliance, and regulatory, as well as with other legal team members.
- Experience interacting with regulators, or a strong desire to develop skills in this area under the direction of more senior attorneys.
- Proficiency in the use of AI to streamline legal tasks such as summarizing industry rule proposals, comment letters, and regulatory rules, laws, and regulations.
Education/Licenses:
- Bachelor’s Degree and Juris Doctorate
- Licensed to practice law.
- Computer proficiency in Microsoft Office Suite applications including MS Word, PowerPoint, and Excel.
Benefits and Perks of working for Cboe Global Markets
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
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