Global Derivatives Intern

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.

Cboe interns work with a variety of staff across multiple departments and have the opportunity to put their skills to work in their field of interest, while learning about Exchange technology and operations through our robust Options Institute courses.

The three main foundational pillars of our internship program are: develop, educate and network. We want to ensure each of our interns receive a real-world working experience that encourages academic, professional and personal growth.

Candidates should be versatile, eager and able to work in a fast-paced, time-sensitive financial and technical environment. Our interns will have the flexibility of working 2 days remotely, and 3 days in office per week at one of our state-of-the-art offices in Chicago, Kansas City, and New York City. To be eligible for this internship, applicants must be enrolled in a university or college program and should not be scheduled to graduate before December of the internship year. Our internship program runs from June to August and you will wrap up your internship with a final presentation and retreat. Visit our student page for more information about our internship program!

The Futures Business team is hiring for a Global Derivatives Intern – US Futures.

The Global Derivatives Intern – US Futures will work closely with the Cboe Futures Exchange (CFE) business team to assist with managing the exchange. The Futures Business team works on a multitude of tasks ranging from revenue forecasts to Lead Market Maker Programs to fulfilling client requests. The candidate will get the opportunity to work on almost everything that is done daily in the effort to provide a well-rounded internship experience.  

Your responsibilities and learning objectives will be:

• Gain in-depth knowledge of the derivatives markets with a specialization in futures while working on projects that may impact multiple areas of the business.
• Conduct product research and development to support the existing and upcoming products.
• Build dashboards and visualizations that enhance our understanding of the financial markets.
• Assist in the evaluation and adjustment of pricing structures, lead market maker programs, and more.
• Collaborate with cross-functional teams to support various projects and initiatives.

The ideal candidate has:

• Must be currently enrolled in an undergraduate or graduate program in Mathematics, Engineering, or related field with a strong interest in the financial markets and should not be scheduled to graduate before December of the internship year.

• Strong written and verbal communication skills and excel in a collaborative environment.
• A thirst for knowledge and are always looking to grow both professionally and personally.
• Possess an unquenchable curiosity and love tackling complex problems with critical thinking.
• A persistent hard worker who isn’t afraid to take risks and learn from mistakes.
• Advanced knowledge of Microsoft Office and intermediate knowledge of SQL or Python.

You’ll really stand out with:

• Previous experience in statistical analysis and financial modeling.
• Strong problem-solving skills and attention to detail.
• Proficiency in SQL or Python.

Benefits and Perks

• Competitive compensation
• Flexible, hybrid work environment, 3 days in office, 2 days remote, per week.
• 2:1 401(k) match, up to 8% match immediately upon hire.

Some of our employees’ favorite benefits and perks include:

• Daily complimentary in-office lunch from local restaurants
• Endless free coffee and snacks to fuel your workday
• Monthly in office networking events and happy hours
• Associate Resource Groups (ARGs) and affinity groups for support and community building

More About Cboe Global Markets

We’re reimagining the future of the workplace by focusing on what matters most, our people.  Our journey is an inclusive one. We’re investing deeply in leadership programs and career development initiatives that ensure everyone has an equal chance to succeed. We celebrate the diversity in our communities, inside and out, and welcome new perspectives with equity, inclusion and belonging.

We work with purpose, solving problems with ingenuity, collaboration, and a lot  of passion. We’re an engaged and excited team connecting markets across borders and embracing growth in all its forms to achieve incredible outcomes.

Learn more about life at Cboe on our website, LinkedIn, and our student page for more information about our internship program!

Equal Employment Opportunity

We're proud to be an equal opportunity employer - and celebrate our employees’ differences, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, and Veteran status.

#LI-HL

#Hybrid

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.

Our pay range for interns is determined by function and education level. The national new hire base pay range for this job in the United States is $22.00 - $42.00 per hour.  This range represents the minimum and maximum base pay target for new hires working in the position full time.     

Within the range, individual pay is determined by years of education completed. In addition to base pay, eligibility for our total rewards program may include benefits such as 401 (k) with a generous company match and paid sick time. Your recruiter will provide more details about the total compensation package during the hiring process

Any communication from Cboe regarding this position will only come from a Cboe recruiter who has a @cboe.com email or via LinkedIn Recruiter. Cboe does not use any otherthird party communication tools for recruiting purposes.