Principal Network Engineer

Cboe Global Markets

Confirmed live today High trust
Hybrid

Quick summary

Work type
Hybrid
Location
Chicago, ILNew York, NY
Salary
$172,975–$254,375 / yr
Employment
Full-time
Posted
26 days ago
Freshness
Confirmed live today

Market check

Salary context

Above market

How this pay compares to similar roles

Similar $174k
This role $214k
$100k $271k
below market most similar roles pay here above market

This role pays more than 79% of similar roles. Most pay $139,200–$208,800 — the blue band above. At the midpoint, this role pays about $214k versus about $174k for comparable roles.

Based on 240 similar postings.

Employer

About Cboe Global Markets

Cboe Global Markets, Inc. is a leading global provider of financial exchange operator services, clearinghouse, and investment solutions.

Cboe Global Markets currently has 6 open roles on FindRole.

Most-posted roles

View all roles at Cboe Global Markets

At a glance

TL;DR · Principal Network Engineer

The Principal Network Engineer serves as a deep technical anchor for the global network infrastructure team, shaping the design and scalability of highly distributed, latency-sensitive trading networks across on-prem and cloud environments. This role involves designing low-latency architecture, leading advanced routing designs, and conducting rigorous pre-implementation testing for major network initiatives. The engineer will build and maintain Python-based network automation for configuration management and operational efficiency while utilizing observability platforms like Prometheus and Grafana. Key technical requirements include expertise in BGP, OSPF, MPLS, multicast, and hybrid cloud connectivity, specifically AWS constructs like Direct Connect and Transit Gateway. The position solves complex problems regarding deterministic packet forwarding and ultra-low latency architecture to optimize exchange performance within a mission-critical financial infrastructure environment.

What does a Network Engineer earn?

Median $145000 from 135 postings across 36 companies.

See salary data

What you'll do

  • Design and evolve low-latency, resilient network architectures across global data centers, co-location, and cloud environments.
  • Lead advanced routing design and implementation for BGP, OSPF, MPLS, multicast, and hybrid cloud connectivity.
  • Conduct deep technical research, lab validation, and pre-implementation testing for major network initiatives.
  • Lead high-complexity strategic projects from design through execution, producing technical designs, migration runbooks, and capacity plans.
  • Develop and maintain Python-based network automation for configuration management, change validation, and operational efficiency.
  • Serve as a senior technical leader by mentoring engineers and driving architecture reviews and design standards.
  • Define visibility requirements and support the use of observability platforms like Prometheus and Grafana.
  • Support the development of technical standards and documentation for regulatory or audit-facing processes.

What we're looking for

  • Must be legally authorized to work in the United States without the need for employer sponsorship.
  • 10+ years of hands-on network engineering experience in mission-critical, low-latency environments.
  • Deep expertise in low-latency and deterministic network design, including analyzing latency and jitter in production.
  • Advanced knowledge of routing protocols at scale, including BGP, OSPF, MPLS, and multicast.
  • Proven experience building and maintaining Python-based network automation using API-driven and SSH-based approaches.
  • Experience designing and supporting hybrid cloud connectivity, including AWS networking constructs like Direct Connect and Transit Gateway.
  • Working knowledge of observability and telemetry platforms such as Prometheus and Grafana.
  • Cisco CCIE (Routing & Switching or Data Center) or near-equivalent experience (preferred).

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