Full-Time
Associate – Operations
Confirmed live in the last 24 hours
Tower Research Capital
1,001-5,000 employees
High-frequency trading and technology solutions
Mid, Senior
London, UK
You match the following Tower Research Capital's candidate preferences
Employers are more likely to interview you if you match these preferences:
- A bachelor’s degree in Finance, Computer Science, or other related fields
- At least 3 to 5+ years of experience working in trading operations or dev operations within financial services
- High level MS Excel knowledge is a must: Comfortable with Look-ups, Pivot Tables, and Conditional Statements
- Strong analytical and communication skills
- Aptitude and desire to learn new things and quickly adapt
- Fundamental awareness of global markets
- Daily reconciliation of internal data to external parties via position, trades, cash, NAV, and fees
- Assisting in the automation of daily task and procedures
- Prematching of trades and fails management for various markets
- Supporting clearing and settlement processes across asset classes: Equity, Fixed Income, Derivatives, FX, Commodities, and Crypto
- EOD trade processing and reporting of daily PnL for various markets
- Investigation of breaks raised by trading desks, other departments, and counterparties
- Maintaining and navigating data such as security master within our systems to help minimize and investigate breaks
- Maintain relationships with brokers to fix daily breaks, while continually improving processes long term
- Liasing with external software vendors to troubleshoot current processes and propose improvements
- Ability to identify areas of improvement, scope requirements and assist in implementation of automation
- Ability to work with global teams and facilitate handovers
- Buy Side experience is a plus, knowledge of fee/commission landscape a plus
- Task Management via tracking software such as JIRA is a plus
- Desire for fast-paced environment and 'to wear multiple hats'
Tower Research Capital provides high-frequency trading services in the financial markets. The company uses advanced technology and algorithms to execute trades at very high speeds, allowing it to take advantage of small price discrepancies and market inefficiencies. Its main clients are institutional investors, hedge funds, and other financial entities that need fast and reliable trading solutions. Unlike many competitors, Tower Research Capital focuses on proprietary trading strategies and invests heavily in research and development to enhance its trading technology. The goal of the company is to generate profits by executing a large volume of trades with minimal latency.
Company Stage
N/A
Total Funding
$60M
Headquarters
New York City, New York
Founded
1998
Simplify's Take
What believers are saying
- Increased focus on AI-driven trading strategies enhances Tower's algorithmic capabilities.
- Tower's investment in blockchain technology improves transaction speed and security.
- Collaboration with academic institutions boosts algorithm development and innovation.
What critics are saying
- Talent drain to competitors may impact Tower's competitive edge in high-frequency trading.
- Increased competition from new trading platforms could challenge Tower's market share.
- Diversification into ventures like Sporttrade might divert focus from core trading activities.
What makes Tower Research Capital unique
- Tower Research Capital excels in high-frequency trading with advanced algorithms and technology.
- The firm offers rapid and reliable trading solutions for institutional investors and hedge funds.
- Tower Research Capital continuously invests in R&D to maintain its competitive edge.
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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