Senior Counsel

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 is seeking a Senior Counsel to assist the Legal Department in providing legal and regulatory support to the U.S. Equities, Market Data and Access, and Exchange Traded Product (“ETP”) Listings businesses.   As Senior Counsel, you will review and draft rules and rule filings to applicable regulators, for each of these businesses, as well as respond to other general legal matters including those related to securities trading.  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, because Cboe operates in a highly competitive and regulated environment, 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. Equities, Market Data and Access, and ETP Listings business teams 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. equities exchanges. 

• In addition to the Equities, ETP Listings, and Market Data and Access business, 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 3-5 years of relevant work experience, preferably at a law firm, at other financial services firms or financial market regulators. 

• 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 ETPs, and/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 independently towards completing assigned tasks, as well as under the supervision of more senior attorneys.   

• A high-motivated attitude, 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 

• Paid Time Off

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 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 and LinkedIn. 

Equal Employment Opportunity

We're proud to be an equal opportunity employer who does not discriminate against any employee or applicant for employment based on any legally protected characteristic, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, genetic information, or veteran status. We are committed to fostering a workplace where all individuals are valued and respected.   

 

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 $172,975-$254,375, 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.