Full-Time
Compliance Officer
Confirmed live in the last 24 hours
Tower Research Capital
1,001-5,000 employees
High-frequency trading and technology solutions
Compensation Overview
$140k - $170kAnnually
Senior, Expert
New York, NY, USA
Offices located in TriBeCa and SoHo, neighborhoods in downtown Manhattan.
- At least 5 - 10 years of relevant work experience in a regulatory compliance role with a financial services firm
- Working knowledge of electronic trading in a variety of asset classes, including equities, equity options and futures, fixed income, and foreign currency
- Experience interpreting US Broker Dealer regulations and requirements and maintaining compliance within FINRA and SEC regulatory regimes
- Knowledge of regulatory reporting specifications and processes (e.g. CAT, Trace) and the expertise to apply them to Tower’s lines of business
- Ability to write and review internal policies and Supervisory Procedures
- Proven analytical skills, including the analysis of large amounts of order and trade data whilst maintaining attention to detail
- Ability to work both independently and within a team of employees from multiple departments
- Strong verbal and written communication skills
- Providing ongoing compliance advice to Tower’s trading teams and reviewing new product requests
- Assisting in the maintenance of the existing Broker Dealer compliance programs
- Monitoring of regulatory developments and succinctly communicating risks/opportunities to relevant groups in the firm
- Developing and maintaining compliance policies and procedures
- Preparing and providing training for Tower personnel
- Responding to regulatory inquiries and exam requests
- Reviewing of escalated alerting from the firm’s central surveillance function
- Leading compliance initiatives and collaborating on strategic projects, including implementation of compliance programs
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
$58.9M
Headquarters
New York City, New York
Founded
1998
Simplify's Take
What believers are saying
- Employees benefit from exposure to a wide range of industries and cutting-edge technologies, enhancing their professional growth and marketability.
- The firm's robust financial health, evidenced by substantial real estate investments and participation in high-profile funding rounds, provides job security and growth opportunities.
- Tower Research Capital's commitment to social responsibility, such as their COVID-focused donation matching campaign, fosters a positive and supportive work environment.
What critics are saying
- The highly competitive nature of the trading and investment sectors means that Tower Research Capital must continuously innovate to maintain its edge.
- Involvement in diverse sectors could lead to overextension, potentially diluting focus and resources.
What makes Tower Research Capital unique
- Tower Research Capital's involvement in diverse sectors, from government procurement to sports betting, showcases its broad investment strategy, unlike firms that focus on niche markets.
- Their strategic investments in innovative technologies like AI for government contracting and financial exchange access set them apart from traditional trading firms.
- Tower Research Capital's significant real estate investments, such as leasing 122,000 square feet in a prime Financial District building, highlight their financial stability and long-term planning.
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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