Engineering Manager

Posted 41 Minutes Ago
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Chicago, IL, USA
Hybrid
154K-200K Annually
Expert/Leader
Fintech
We operate trading exchanges around the world.
The Role
Lead and grow a software engineering team responsible for clearing systems. Manage hiring and performance, guide architecture and design decisions, align roadmaps with product management, improve delivery and reliability metrics, establish engineering standards, shape team ownership, and oversee on-call and production support. The role requires capital markets or clearing knowledge and hands-on familiarity with modern Java-based platforms.
Summary Generated by Built In
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. 

 

Location Overview 

Cboe HQ is located in the historic Old Post Office district, it’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 

Cboe Clear U.S. (CCUS) is a regulated clearinghouse. We clear the event contracts and prediction markets listed on Cboe's exchanges, and we are building toward tokenized collateral, 24x7 operation, and the infrastructure that carries traditional finance onto DeFi rails. 


CCUS Software Engineering is a high trust environment. Failure leads to inquiry rather than blame. Working across team boundaries is expected rather than tolerated. We solve the problem, then we write the code. Design documents and architecture decision records come first. The engineers we value most close their feedback loop. They write tests, and they instrument what they ship so it fails fast, explains itself in production, leaves an audit trail and rolls back cleanly. 


The Engineering Manager leads the software engineers who build our clearing systems. You would lead an existing team, help shape the larger one it becomes, and how the work is divided. The systems your teams own are what let Cboe list and clear new products, so delivery dates here move business dates. We expect our managers to carry real domain knowledge in clearing and to stay close to system design. 


Your responsibilities will be: 

  • Leading and growing a team of software engineers, including performance management and hiring. 
  • Minimizing cognitive load on your team leads and engineers so their attention stays on solving domain problems in code. 
  • Partnering with the quality engineering organization, which owns QA and test engineering, on shared delivery goals. 
  • Applying domain knowledge of clearing and post-trade processing to guide design decisions rather than delegating them. 
  • Aligning the roadmap with product management against real delivery capacity. 
  • Reducing friction between your engineers and the product, operations and partner teams they depend on. 
  • Shaping team boundaries and ownership so the organization produces the architecture we intend, applying Conway's law deliberately rather than inheriting its side effects. 
  • Owning the architecture decision records for your teams' services and keeping them current as designs change. 
  • Ensuring code review practices and coding standards are enforced consistently across teams. 
  • Improving deployment frequency, change lead time, change failure rate and time to restore service. 
  • Running the on-call and production support model for your teams' services. 

Required: 

  • Owning delivery across the full software lifecycle, from design and code review standards through production support 
  • Experience managing software engineers, including direct performance management and hiring 
  • A record of making the people around you better, with specific engineers you can point to 
  • Delivering complex work on a date that mattered 
  • Partnering with product management on roadmap, scope and sequencing 
  • Working knowledge of clearing, post-trade processing or capital markets 
  • Architecture judgment and a written-first working style, with the depth to guide a design, challenge a proposal, and author the decision records behind both 

Preferred: 

  • Experience establishing code review practices and coding standards across more than one team 
  • Hands-on development depth in Java 
  • Shaping team boundaries to get the architecture you want rather than the one the org chart hands you 
  • Designing developer tooling and measuring delivery health with metrics such as change lead time and change failure rate 
  • A habit of hiring for range rather than for a single language, since Java is our stack choice but we hire polyglots 

Nice to have: 

  • The FIX messaging protocol 
  • Cloud platforms including AWS, Azure or GCP 
  • JVM languages such as Clojure, Scala or Kotlin 

Current technology stack: 

Java on Kubernetes. Application code and CI pipelines live in GitHub with GitHub Actions. Container images and build artifacts live in registries such as Harbor and Artifactory, and Helm charts are deployed by ArgoCD from a GitOps repository. PostgreSQL, Kafka and Linux. This is representative rather than exhaustive. 


You do not need experience with every technology in our environment. We hire for competencies over pedigree, so if you have built similar systems and learn quickly, we encourage you to apply. 


Minimum Work Experience: 10+ years in engineering, with 3+ years managing engineers 


Minimum Education: Bachelor's in Computer Science or a related discipline, or equivalent practical experience 


#LI-JH


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.



Salary Ranges (applicable for US locations only)

At Cboe, we are committed to providing a competitive, transparent, and market‑informed total rewards program. The anticipated base salary range for this role is $154,275-$199,650, 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.

Additional information about Cboe's total rewards program, including benefits and other compensation components, can be found here: Total Rewards at CBOE.
 


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 other third party communication tools for recruiting purposes.

Skills Required

  • 10+ years of engineering experience
  • 3+ years managing engineers
  • Bachelor's degree in Computer Science or a related discipline, or equivalent practical experience
  • Experience managing software engineers, including direct performance management and hiring
  • Experience owning delivery across the full software lifecycle, from design and code review standards through production support
  • Record of developing and improving other engineers
  • Experience delivering complex work on an important deadline
  • Experience partnering with product management on roadmap, scope, and sequencing
  • Working knowledge of clearing, post-trade processing, or capital markets
  • Architecture judgment and a written-first working style, including the ability to guide designs, challenge proposals, and author decision records
  • Experience establishing code review practices and coding standards across multiple teams
  • Hands-on development experience in Java
  • Experience shaping team boundaries to support target architecture
  • Experience designing developer tooling and measuring delivery health using change lead time and change failure rate
  • Experience hiring polyglot engineers
  • Experience with the FIX messaging protocol
  • Experience with AWS, Azure, or GCP cloud platforms
  • Experience with JVM languages such as Clojure, Scala, or Kotlin

Cboe Global Markets Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Cboe Global Markets and has not been reviewed or approved by Cboe Global Markets.

  • Retirement Support Retirement support is highlighted with a notable company 401(k) match and strong retirement plan options, bolstering long-term financial security.
  • Equity Value & Accessibility Equity participation is emphasized through equity grants and an employee stock purchase plan, making ownership a meaningful part of total rewards. This structure can add upside beyond base pay.
  • Parental & Family Support Parental and family benefits include paid parental bonding leave, adoption assistance, and subsidized backup care. Family-forming resources and return-to-work supports are also noted.

Cboe Global Markets Insights

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The Company
HQ: Chicago, IL
1,700 Employees
Year Founded: 1973

What We Do

Cboe is one of the world's largest exchange holding companies, offering cutting-edge trading and investment solutions to investors around the world. Cboe offers trading across a diverse range of products in multiple asset classes and geographies, including options, futures, U.S. and European equities to name a few.

Why Work With Us

We have a 50-year history and a trusted reputation. Our company has grown significantly over the last couple years. We have fun, empathetic and inclusive culture where you can do your best work and grow your career.

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