Principal Network Engineer

Cboe Global Markets

Confirmed live yesterday High trust
Hybrid

Quick summary

Work type
Hybrid
Location
Chicago, ILNew York, NY
Salary
$163,625–$240,625 / yr
Posted
72 days ago
Freshness
Confirmed live yesterday

Market check

Salary context

Competitive pay

How this pay compares to similar roles

Similar $182k
This role $202k
$110k most similar roles pay here $255k

This role pays more than 65% of similar roles. Most pay $155,900–$208,800 — the shaded band above. At the midpoint, this role pays about $202k versus about $182k 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.

Listed pay typically runs $105,506–$144,375 across 6 roles with salary data.

Most-posted roles

View all roles at Cboe Global Markets

At a glance

TL;DR · Principal Network Engineer

Principal Network Engineer As a technical anchor for global network infrastructure, the Principal Network Engineer designs and evolves low-latency, highly resilient architectures across data center, co-location, and cloud environments. This role involves managing deterministic packet forwarding, advanced routing design, and ultra-low latency architecture to solve complex problems in trading networks. The engineer leads high-complexity projects, conducts rigorous pre-implementation testing, and develops Python-based automation for configuration management using API and SSH methods. Key technical requirements include expertise in BGP, OSPF, MPLS, multicast, and hybrid cloud connectivity via AWS constructs like Direct Connect and Transit Gateway. Additionally, the role utilizes observability tools such as Prometheus and Grafana to drive data-informed decisions. The ideal candidate possesses a CCIE certification or equivalent experience, ensuring high-performance network reliability while mentoring others and establishing engineering standards across the organization.

What does a Network Engineer earn?

Median $147000 from 81 postings across 20 companies.

See salary data

What you'll do

  • Design and evolve low-latency, resilient network architectures across global data centers, co-location sites, and cloud environments.
  • Lead advanced routing designs using BGP, OSPF, MPLS, and multicast to ensure high availability and traffic engineering.
  • Conduct technical research, lab validations, and pre-implementation testing to optimize hardware performance and identify design constraints.
  • Manage complex projects from inception to execution by creating detailed technical designs, migration runbooks, and capacity plans.
  • Develop Python-based automation scripts for configuration management, change validation, and operational efficiency using API and SSH methods.
  • Mentor engineers and lead architecture reviews to establish high standards and best practices across the organization.
  • Define monitoring and telemetry strategies using tools like Prometheus and Grafana to improve visibility and troubleshooting.
  • Create technical documentation and materials to support regulatory requirements and audit processes.

What we're looking for

  • Must have 10+ years of hands-on network engineering experience in mission-critical, low-latency environments.
  • Must possess deep expertise in low-latency and deterministic network design including analysis of latency and jitter.
  • Must have advanced knowledge of routing protocols including BGP, OSPF, MPLS, and multicast.
  • Must be able to write production-quality Python for API-driven and SSH-based network automation.
  • Must have experience designing hybrid cloud connectivity using AWS constructs like Direct Connect and Transit Gateway.
  • Must be proficient with observability platforms such as Prometheus and Grafana.
  • Preferred candidates should hold a CCIE certification or equivalent advanced vendor certifications.
  • Authorized to work.

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