Director, US Clearing Operations

Benefits

Additional Information

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, i t' 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 The Director of US Clearing Operations is a senior leader with direct responsibility for all aspects of operational oversight of Cboe's US C learing O perations unit. This role leads a team of clearing operations professionals responsible for providing world-class customer support, production-level oversight of Cboe's clearing systems, and end-to-end management of a trade's post-execution life cycle - including trade break resolution, bank and settlement reconciliations, treasury and liquidity management functions, and all clearinghouse-level reconciliation processes. The Director will establish and maintain solid working relationships with key internal stakeholders in support of incident management, project management, technical writing, and broader operational initiatives - and will act as a senior escalation point for issues across these domains. They will reconcile multiple stakeholder views to drive business results, lead their teams to develop new methods, and solve complex operational and technical matters. The Director of US Clearing Operations will provide thought leadership and strategic direction for the team, and will interact regularly with senior management, executives, regulators, and major customers on matters of significance to the organization. Your responsibilities will be: Team Leadership & Development : Lead , mentor, and provide guidance to direct reports within the US Clearing Operations team. Cultivate trust and delegation of day-to-day and project work throughout the team. Provide thought leadership and training for Cboe staff regarding clearing operational practices. Actively and intentionally connect direct reports to others within their team, the department, and across the organization - with special attention to the onboarding and development of new hires. Effectively cascade functional strategy and contribute to the development of organizational policies and mission . Translate business strategy into functional plans and guide execution. Participate in and represent Cboe within industry forums relevant to Clearing and Treasury Operations. Incident Management & Escalation : Maintain technical incident management records and monitor them through the full incident management lifecycle. Draft internal incident management-related communications and accurately describe complex and technical clearing issues. Support and conduct Learning Review meetings and drive root cause analysis as well as impact analysis studies. Demonstrate knowledge and understanding of compliance obligations impacting regulated clearing platforms and work closely with Compliance staff to ensure incident triage, reporting, and remediation obligations are met. Act as a senior escalation point for the team during high-severity production events. Clearing Operations Oversight: Ensure all intraday and daily clearing processes are completed successfully - including confirming member statements and core production reports are generated, alerts and exceptions are monitored and escalated as necessary, member equity balances are checked, error accounts are reviewed, and applicable reports are saved. Oversee bank reconciliation proce