Trading & Operations Associate

Posted 24 Days Ago
Be an Early Applicant
New York, NY
Entry level
Fintech
The Role
The Trading & Operations Associate at Tower Research Capital will analyze and enhance trading reports, manage inventory for the ETF desk, automate daily controls, and identify operational risks. The role involves coordinating trading platform changes and monitoring performance in a fast-paced environment.
Summary Generated by Built In

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’s headquarters are in FiDi, the heart of downtown Manhattan, at the historic Equitable Building. While we work hard, Tower’s cubicle-free workplace, jeans-clad workforce, and well-stocked kitchens reflect the value the firm places on quality of life. Benefits include:

  • 401(k) with company matching
  • 5 weeks of paid vacation per year plus 11 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.

Top Skills

Python
The Company
HQ: NEW YORK, NY
1,056 Employees
On-site Workplace
Year Founded: 1998

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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