Trading Operations Associate

Tower Research Capital • New York, NY

7d • $120,000 - $200,000 • Hybrid

About The Position

Tower Research Capital is a leading quantitative trading firm founded in 1998. Tower has built its business on a high-performance platform and independent trading teams. We have a 25+ year track record of innovation and a reputation for discovering unique market opportunities. Tower is home to some of the world’s best systematic trading and engineering talent. We empower portfolio managers to build their teams and strategies independently while providing the economies of scale that come from a large, global organization. Engineers thrive at Tower while developing electronic trading infrastructure at a world class level. Our engineers solve challenging problems in the realms of low-latency programming, FPGA technology, hardware acceleration and machine learning. Our ongoing investment in top engineering talent and technology ensures our platform remains unmatched in terms of functionality, scalability and performance. At Tower, every employee plays a role in our success. Our Business Support teams are essential to building and maintaining the platform that powers everything we do — combining market access, data, compute, and research infrastructure with risk management, compliance, and a full suite of business services. Our Business Support teams enable our trading and engineering teams to perform at their best. At Tower, employees will find a stimulating, results-oriented environment where highly intelligent and motivated colleagues inspire each other to reach their greatest potential.

Requirements

• A bachelor’s degree in a technical or quantitative field, such as computer science, engineering, mathematics, physics, or a related field
• Strong analytical and problem-solving skills, with the ability to analyze trading data, investigate issues, and draw actionable conclusions
• Good understanding of futures markets, including products, trading venues, market structure, and risk management
• Good understanding of algorithmic trading technology and architecture, including UNIX/Linux environments and monitoring applications
• Experience with Python to support existing infrastructure and identify areas for improvement
• Ability to work effectively on complex tasks, take initiative, and assume increasing responsibility over time
• Excellent communication skills and fluency in English

Nice To Haves

• Prior experience in a trade monitoring, trading, or trade support role is preferred

Responsibilities

• Working closely with quantitative traders and software developers to operate and supervise our automated trading strategies
• Monitoring production trading for risk and compliance issues and quickly responding to unusual behaviors or market conditions
• Proactively troubleshooting and resolving issues related to day-to-day trading activities
• Developing programming scripts and applications to automate and facilitating our trading system
• Analyzing production trades and market data, and developing ideas to improve our trading strategies
• Working an early morning schedule to provide trading and production support aligned with relevant market hours

Benefits

• Generous paid time off policies
• Savings plans and other financial wellness tools available in each region
• Hybrid working opportunities
• Free breakfast, lunch, and snacks daily
• In-office wellness experiences and reimbursement for select wellness expenses (e.g., gym, personal training and more)
• Company-sponsored sports teams and fitness events (JPM Corporate Challenge, Cycle for Survival, Wall Street Rides FAR and more)
• Volunteer opportunities and charitable giving
• Social events, happy hours, treats, and celebrations throughout the year
• Workshops and continuous learning opportunities

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level