Full-Time

Senior Project Manager

Posted on 1/16/2025

Tower Research Capital

Tower Research Capital

1,001-5,000 employees

High-frequency trading firm executing rapid trades

Compensation Overview

$155k - $200k/yr

+ Discretionary Bonus

Company Historically Provides H1B Sponsorship

New York, NY, USA

Hybrid

Hybrid working opportunities.

Category
Business & Strategy (1)
Required Skills
Data Analysis
Excel/Numbers/Sheets
Requirements
  • A computer science degree or equivalent
  • 5+ years of relevant project management experience, either in a global financial environment or in a technology driven industry
  • Experience in the financial industry, specifically with front office market activities
  • Software development background, either through CS degree or prior hands-on development roles
  • Ability to scope, manage and execute multiple projects simultaneously, each with different timelines
  • Ability to pivot tasks quickly with the evolving needs of the business and to effectively navigate through ambiguous, high-pressure, or uncertain environments, maintaining focus and delivering results
  • Ability to support working across multiple time zones, as needed
  • Exceptional written and verbal communication skills
  • Hands-on experience: Skilled in reporting and data analysis, able to create progress reports, dashboards, and KPIs to clearly communicate project performance
  • Strong Excel skills, including data manipulation, pivot tables, and VLOOKUPs, for project tracking and deliverable analysis
Responsibilities
  • Ensuring that projects are initiated, analyzed, planned and implemented so as to meet defined business objectives.
  • Leading and managing multiple projects simultaneously, often involving global, multi-functional teams (e.g., IT, Finance, Operations, Risk, and Compliance).
  • Leveraging industry experience to proactively request and discern business requirements from all departments. Continually improve industry and Tower knowledge to enhance this capability.
  • Identifying tactical vs strategic solutions to problems, and highlight tradeoffs between them, so that stakeholders can make informed decisions.
  • Identifying recurring issues with technical debt, and guide prioritization of new projects to address them.
  • Developing comprehensive project plans and documentation, including goals, timelines, resource allocation, budgets, and risk mitigation strategies, ensuring alignment with organizational objectives.
  • Directing cross-functional technical discussions and driving decisions involving system upgrades, digital transformation, software implementation, and emerging fintech solutions.
  • Facilitating coordination and communication across business units, regions and or external parties fostering strong partnerships and engagement with key stakeholders.
  • Contributing to centralized PMO support by offering project guidance, tools, and resources and to standardize project management practices across the organization, improve planning, tracking, and reporting processes, and ensure alignment of all projects with the firm's strategic goals while managing resources and risks effectively.
  • Determining the appropriate level of administrative overhead for each project, depending on size and complexity. Manage projects for efficiency and execution first.
Tower Research Capital

Tower Research Capital

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Tower Research Capital is a trading and technology firm that uses fast computers and algorithms to buy and sell financial securities in the markets. Its main service is high-speed electronic trading for institutional clients like hedge funds and banks. The product is a set of trading systems: software that processes market data, places orders, and manages risk with minimal delay. They operate by running proprietary trading strategies on their own technology, aiming to profit from small price differences by executing many trades quickly. They differentiate themselves through speed, scale, and ongoing development of trading tech and strategies, serving large financial organizations with reliable, fast execution. The goal is to earn profits from market movements by trading a high volume of orders with very low latency while maintaining competitive edge through research and development.

Company Size

1,001-5,000

Company Stage

N/A

Total Funding

$110M

Headquarters

New York City, New York

Founded

1998

Simplify Jobs

Simplify's Take

What believers are saying

  • Drew Lee joined as head of data strategy from DE Shaw in February 2025.
  • Tower Ventures led $3M seed for Guard Owl AI security in 2026.
  • Limestone Trading expanded crypto arbitrage with machine learning infrastructure.

What critics are saying

  • Citadel's Alternative Data Observatory outpaces Tower's data sourcing, eroding HFT edge.
  • Balyasny's 2025 alt data team under Jeremy Ridder Brunelli steals geospatial market share.
  • SEC probes into HFT manipulation target Tower's low-latency execution within 18-36 months.

What makes Tower Research Capital unique

  • Tower Research Capital pioneered automated trading since 1998 with proprietary low-latency platforms.
  • Independent trading teams like Latour and Limestone access shared high-performance technology resources.
  • Tower connects to over 150 global venues, enabling mid-frequency trading at 25-30% of business.

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Benefits

5 weeks of paid vacation per year

401(k) with company matching

Free meals and snacks

Reimbursement for health and wellness expenses

Company News

eFinancialCareers
Mar 17th, 2026
Hedge funds and market makers need data strategists as war heats up.

Hedge funds and market makers need data strategists as war heats up. 6 hours ago How can you achieve a trading advantage in the fog of war? How about satellite imagery of damage to oil refineries, data on tanker movements, or movements of troops? Business Insider reported last week that hedge funds are turning to this kind of data amidst war in the Middle East. And there were already signs that data strategists and sourcing experts are on the move. In February 2025, Drew Lee, the VP of financial data at DE Shaw disappeared on gardening leave after 20 years with the fund. Last week, Lee announced that he's joined proprietary trading firm Tower Research as head of data strategy and and sourcing. Lee is not the only senior person moving in the space. Evan Reich, the former head of data strategy and sourcing at Verition recently moved to intelligence firm BWG Global. Tony Berkman, a Two Sigma managing director who specialises in large empirical data sets, has been on gardening leave for the past year and is due to resurface. Most funds already have large data sourcing teams and those that don't have been building them. Balyasny Asset Management for example spent 2025 adding to its data team under Jeremy Ridder Brunelli, the head of alt data and geospatial research who joined from UBS in 2022. For those who want to get in at the bottom, Verition is currently hiring data sourcing associates in New York. The roles reportedly involve sourcing the data, negotiating its price, onboarding, ensuring it's legitimate (governance) and analysing how portfolio managers use it. Alt data specialists work on data that delivers investible narratives in real time. Citadel has one of the largest teams within its data strategies group. Since November, this has been run by Jian Xu, a Citadel data scientise who launched the firm's "Alternative Data Observatory." Xu says this is now used by over 30% of Citadel's investment professionals. Have a confidential story, tip, or comment you'd like to share? Contact: +44 7537 182250 (SMS, Whatsapp or voicemail). Telegram: @SarahButcher. Signal: sarahbutcher.22 Click here to fill in our anonymous form, or email [email protected]. Bear with us if you leave a comment at the bottom of this article: comments are moderated intermittently by human beings. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. You must take sole responsibility for comments you post on this site. We will take reasonable steps to weed out anything that we consider to be offensive or inappropriate. The essential daily roundup of news and analysis read by everyone from senior bankers and traders to new recruits. Boost your career. Find thousands of job opportunities by signing up to eFinancialCareers today.

Business Insider
Feb 9th, 2026
Former SpaceX engineer's AI security startup Guard Owl raises $3M to automate private security

Guard Owl, a security management platform bringing agentic AI to the private security industry, has raised $3 million in a seed round led by Tower Research Capital. The startup was founded by former SpaceX engineer Narek Kajikian alongside Edrees Tabibzada and Sam Abelyan. The company offers real-time GPS tracking to monitor security guards and aims to automate 50% of back-office workflows, including payroll, billing and compliance, by year-end. Current clients include Aldi, Alexander Wang and real estate firm Greystar. Future plans include integrating security cameras and developing an Uber-style feature allowing guards to find local jobs and receive performance reviews. Kajikian envisions Guard Owl becoming "the security system of America", comparing its potential market position to Palantir's role in intelligence and Anduril's in defence.

PR Newswire
Nov 5th, 2025
Procurement Sciences Secures $30M Series B

Procurement Sciences has secured $30 million in Series B funding led by Catalyst Investors, with participation from Battery Ventures and others. The funding will enhance their AI-native platform, Awarded AI, which streamlines government contracting processes. The company has achieved over 10x revenue growth and enabled $3 billion in customer contract wins. The investment will support product expansion, strategic hiring, and market growth.

Latin Business Today
Oct 24th, 2025
Mentium Raises $3.2M for AI Workers

Mentium, an AI-native platform for freight brokerages, raised $3.2 million in seed funding led by Lerer Hippeau. The platform automates manual tasks, integrating systems like TMS and ERP, and focuses on accounts payable automation. Early customers report up to 70% task automation. The funding will enhance product development and expand operations. Mentium partners with Google, AWS, and NVIDIA for scalability.

TechBuzz News
Aug 18th, 2025
SalesDraft Raises $3 Million after Pivotal Leadership Change Sparks Rapid Growth

SalesDraft (Lindon, Ut), an AI-based recruiting automation startup, raised $3 million in just three weeks, rebounding from early setbacks to rapid growth serving direct-to-consumer home services. The round was led by Tower Research Capital. FrazierVC and Marc Jones participated.

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