Derivatives Sales 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 Derivatives Sales team is hiring for a Derivatives Sales intern.

The Derivatives Sales Intern at Cboe will assist the Derivatives Account sales team with day-to-day functions which may include customer service-related tasks including data research, communicating details from trade desk notices and other exchange venue quality information. You will also work

closely with other interns (Market Data, Data & Analytics, Futures, Market Structure, Trading Floor, etc.) to find solutions to meet customer demands. At a high level, the Derivatives sales role is responsible for maintaining a strong working relationship between member firms and the end users

that leads to order flow being executed on exchange. This sales job includes maintaining relationships with Sell Side firms, floor brokers, proprietary firms and institutions.

Your responsibilities and learning objectives will be:

• Develop knowledge of competing exchanges and products.
• Work with Markets and Derivatives strategy team to improve Cboe’s value proposition compared to other exchange products.
• Identify product use cases and target audience; work collaboratively with internal business units, e.g., Marketing, Sales, Options Institute, Product Dev., etc. to achieve desired results.
• Partnering with internal colleagues (Market Data, Data & Analytics, Futures, Market Structure, Business Development and Technology, etc.) to offer the full product suite and elevate the Cboe brand.
• Attend internal and external meetings and conference calls to support account sales team efforts to sell current and new products.
• Develop an understanding of pricing and exchange fee schedule and active engagement with clients to solicit feedback and determine impact of proposed changes.
• Increase product knowledge across market structure, matching engine, order types, offerings and asset classes.
• Active engagement and development of market structure knowledge, through collaboration with market structure team.
• Aggregate and categorize client feedback and deliver to the sales team and management for purposes of improving our products and end user experience. Analyze client activity and
• industry data to identify commercial opportunities.
• Support the group’s distribution efforts by using and administering internal software to manage client data and track internal metrics (Salesforce, Tableau, organization charts).
• Data mining to develop target lists for outreach campaigns.
• Populate contact details in target lists for automating lead generation programs.
• Schedules, arranges and conducts functions that acquaint Cboe staff with member firm order flow providers.
• Performs other duties as requested or assigned.

The ideal candidate has:

• Must be currently enrolled in a Bachelor’s or Master’s program and should not be scheduled to graduate before December of the year in which the internship takes place.
• Possess an interest in financial markets, trading or related business functions.
• Ability to work on multiple assignments, work well on a team or on your own, and have excellent written and verbal communication skills.
• Be a consistent, punctual presence during the internship period
• Strong troubleshooting, problem-solving, and customer service

You’ll really stand out with:

• A history as a participant in the US financial markets (student clubs, etc.)
• A true willingness to learn and grow during your internship period.
• Strong “soft skills” that the candidate can display to use as a basis for building interpersonal relationships within Cboe.

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.

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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.