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
Company Historically Provides H1B Sponsorship
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 operates in the financial markets by providing high-frequency trading services. The company utilizes advanced technology and algorithms to execute trades at very high speeds, allowing it to take advantage of market inefficiencies. Its main clients are institutional investors, hedge funds, and other financial entities that need fast and reliable trading solutions. Tower Research Capital's business model focuses on using proprietary trading strategies and technology to profit from small price discrepancies in the market by executing a large volume of trades with minimal delay. The firm is committed to ongoing research and development to stay ahead of competitors in the high-frequency trading industry.
Company Stage
N/A
Total Funding
$60M
Headquarters
New York City, New York
Founded
1998
Simplify's Take
What believers are saying
- Increased interest in AI-driven trading strategies enhances algorithmic accuracy for market predictions.
- The rise of DeFi platforms opens new opportunities in cryptocurrency markets for high-frequency trading.
- Emergence of new stock exchanges offers additional venues for arbitrage opportunities.
What critics are saying
- TXSE's advanced order matching engine could increase competition in high-frequency trading.
- Point72's hiring of former Tower employees suggests increased competition for talent.
- Kronos Research's appointment of a former Tower executive may lead to strategic insights leakage.
What makes Tower Research Capital unique
- Tower Research Capital excels in high-frequency trading with advanced algorithms and technology.
- The firm has a strong focus on rapid execution and minimal latency in trades.
- 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