Trade Monitor
Tower Research Capital, a high-frequency proprietary trading firm founded in 1998, seeks a Trade Monitor in Chicago. The Trade Monitor will join one of our existing trading teams to provide support for our trading and risk system.
Responsibilities
- Start and supervise Tower’s automated trading systems in a variety of markets for trading team
- Monitor live trading for risk and compliance issues and quickly respond to unusual behaviors or market conditions
- Work closely with portfolio managers and quantitative developers to deploy models, observe behaviors of production strategies, and implement prescribed changes during the trading day
- Proactively troubleshoot and resolve issues related to scripts and processes for day to day trading activities
- Communicate with support staff, brokers and exchanges to resolve intra-day trading issues
- Carefully document procedures and log production issues as they occur
Qualifications
- At least 2 years of experience in a trade monitor, trading or trade support role
- Working knowledge of risk control of equities and futures markets
- A good understanding and overview of algorithmic trading technology/architecture, hardware, software, detection and diagnosis of problems on UNIX servers, related monitoring applications, data connection and distribution architecture
- Preferably strong experience in scripting languages (Python, Shell) to support existing infrastructure and eventually identify and contribute to areas of improvement
- Confidence to work within a context of complex tasks and problem solve under direction but also able to take the right amount of initiative and assume responsibility over time
- Excellent communication skills and fluency in English
- A bachelor’s degree from a college or university
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.
Top Skills
What We Do
Founded in 1998 by Mark Gorton, Tower Research Capital is a trading and technology company that has built some of the fastest, most sophisticated electronic trading platforms in the world.
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