Tower Research Capital, a high-frequency proprietary trading firm founded in 1998, seeks an experienced Index Options Trader.
Responsibilities:
- Managing a portfolio of listed options products
- Collaborating with other traders and quantitative researchers to optimize existing strategies
- Working with developers to improve systems, latency, and execution
- Identifying and monetizing new trading opportunities
- Mentoring junior traders and/or quantitative researchers
Qualifications:
- 3+ years of experience on a high volume share index options market-making desk
- Expertise in capturing opportunities from both short-term and long-term dislocations in volatility pricing
- Deep understanding of the risks involved in managing a large index options portfolio
- Experience in operating, optimizing, and iteratively improving distributed automated trading systems
- Knowledge of various exchange protocols to achieve best execution
- Ability to work in a fast-paced, high-pressure environment
- Passion and drive to take a leading role in a growing options business
- Relevant programming experience, preferably in Python and/or C++
- Excellent attention to detail
Anticipated New York and Chicago annual base salary range $120,000- $200,000, plus eligible for bonus(es).
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:
- 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
- 401(k) with company matching
- Robust medical benefits plans
- Possibilities for hybrid work
Tower Research Capital is an equal opportunity employer.
