Tower Research Capital, a high-frequency proprietary trading firm founded in 1998, seeks a talented and experienced Production Trader to join a Market Making team focusing on futures, ETFs and stocks in a fully automatised, low latency environment.
Responsibilities
- Ensure the systems operate smoothly: run and monitor the trading systems
- Manage book sizes and various risks
- In charge of pricing of ETFs, EFPs, BTICs
- Propose enhancements to the strategies/systems: work in conjunction with IT and Quants.
Qualifications
- Masters or PhD degree in Mathematics, Statistics, Computer Science or equivalent STEM degree
- 3-7 years experience in the financial industry (experience in quantitative trading is preferred but not a requirement)
- A strong background in STEM
- Proficiency in back-testing, simulation, and statistical techniques (auto-regression, auto-correlation and Principal Component Analysis)
- Solid data-mining and analysis skills, including experience dealing with a large amount of data/tick data
- Familiarity with signal generation and statistical models
- Strong programming skills in Python
- Working knowledge of Linux and familiarity with SQL
- Strong communication and collaboration skills, with the ability to work effectively as part of a team
- The ability to manage multiple tasks in a fast-paced environment
Anticipated New York annual base salary range $120,000-200,000, 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:
- 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.
