Quantitative Analyst, Index Operations

. Support the day-to-day maintenance of Cboe US Indices for real-time and end-of-day calculation .

Posted 10/7/2026full-timeUnited StatesJuniorMid-Level💰 $98,175 - $144,375 per yearWebsite

Tools & technologies

Python

Key responsibilities & impact

Support the day-to-day maintenance of Cboe US Indices for real-time and end-of-day calculation
Monitor index delivery and distribution in a timely and accurate manner
Perform U.S. derivatives- and equity-based index calculation and dissemination
Resolve issues in coordination with relevant third parties and internal Cboe departments
Perform periodic rebalances of Cboe US Indices and provide client support related to rebalance events
Perform validation processes, including daily index value reporting, corporate action and dividend monitoring
Follow the Incident Management Process, log issues accurately, participate in learning reviews, and propose risk mitigations
Present ideas to automate and streamline index operation processes and develop tooling accordingly
Collaborate with Cboe departments, third parties, and vendors on new index launches and enhancements
Provide client support, including onboarding, query handling, and price challenges
Maintain detailed written standard operating procedures for daily processes
Record and maintain data for KPIs, alerts, and validation monitoring
Participate in technical and methodological change-management processes
Run daily replication and calculation models and debug as needed
Learn about theoretical options pricing and run basic modeling exercises
Perform other related duties as required or requested

What you’ll need

Bachelor’s degree and at least 2 years of experience in financial markets or related field
Derivatives experience a plus
Strong operational mindset and methodical approach to problem-solving
Intermediate experience working with R, Python, and/or other object-oriented programming language is a plus
Experience in solving complex modelling problems and “de-bugging”
Ability to interpret and apply mathematical index methodologies to real-world situations
Effective interpersonal and communication skills; solid writing skills is a must
Must be self-motivated and able to work independently as well as part of a team, with proactive advancement of assigned work and problem solving
Experience with MS-Office, particularly advanced skills with MS-Excel
Must be legally authorized to work in the United States without the need for employer sponsorship now or in the future

Comp & perks

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
Annual incentive compensation may be available
Participation in Cboe's long-term equity programs may be available