Trading & Operations Associate

Tower Research Capital, a high-frequency proprietary trading firm founded in 1998, seeks a talented Trading & Operations Associate to join a Market Making team focusing on futures, ETFs and stocks in a fully automated, low latency environment.

Responsibilities

• Review previous day trading activity reports: analyse issues, document results and improve reports when necessary
• Develop new ad-hoc reports and controls using Python, Shell and Mysql language in linux environment 
• Manage trading inventory from ETF Market making desk using in-house trading tool
• Automate daily controls and streamline existing processes
• Identify operational risks and design new controls as needed
• Coordinate and follow-up on Trading platform production changes 
• Participate in performance monitoring and optimization efforts
• Follow-up Production incident and outages with internal Tower teams
• Working with traders on active trading desk, reporting to COO

Qualifications

• Bachelor’s degree in Mathematics, Statistics, Computer Science or equivalent STEM degree
• 0-5 years experience in a related field
• Strong programming skills in Python 
• Working knowledge of Linux and familiarity with SQL
• Exceptional analytical abilities, strong communications skills, and experience making data-driven strategic decisions
• Strong working knowledge of PNL and Risk reporting applications
• Familiarity with current market structure and regulatory developments
• Ability to comprehend and diagnose problems in complex real-time systems with minimal guidance
• Capacity to work equally well independently and as a member of a team
• Strong understanding of trading technology and fluency in technical concepts
• Ability to manage and prioritize multiple projects in a fast-paced environment
• Strong problem-solving abilities

Anticipated New York annual base salary range $100,000-180,000, plus eligible for discretionary bonus

Benefits

Tower is headquartered in New York City, and has offices around the globe. While we work hard, Tower’s cubicle-free workplace, jeans-clad workforce, and well-stocked kitchens reflect the premium the firm places on quality of life. Benefits include:

• 401(k) with company matching
• 5 weeks of paid vacation plus paid holidays
• Free breakfast, lunch, and snacks on a daily basis
• Reimbursement for health and wellness expenses
• Free events and workshops
• Donation matching program

 Tower Research Capital is an equal opportunity employer.