Full-Time

Founding Engineer

Updated on 12/19/2024

Tower Research Capital

Tower Research Capital

1,001-5,000 employees

High-frequency trading and technology solutions

Quantitative Finance
Financial Services

Compensation Overview

$175k - $250kAnnually

+ Equity

Senior

New York, NY, USA

Offices located in TriBeCa and SoHo, neighborhoods in downtown Manhattan.

Category
Applied Machine Learning
Natural Language Processing (NLP)
AI & Machine Learning
Required Skills
Python
Requirements
  • At least 4 years of experience in full stack engineering
  • Experience or interest working with generative ML operations (prompt engineering, prompt caching, RAG, fine-tuning, etc).
  • Experience developing B2B software products from the ground up, with full stack exposure
  • Experience working in early stage companies
  • Strong programming skills in Python
  • Engineering management experience a plus
  • Familiarity with Insurance (or adjacent Fintech areas) not required
Responsibilities
  • Interfacing with product leadership to translate product requirements into systems/architecture decisions
  • Designing, implementing, and deploying machine learning models (especially large language models) in production
  • Managing a technical product roadmap, including low level specifications of an initial Minimum Viable Product, and continuous iterations
  • Ensuring reliability and efficiency of product deployments
Tower Research Capital

Tower Research Capital

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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 Jobs

Simplify's Take

What believers are saying

  • Growing demand for HFT talent enhances Tower's ability to attract top professionals.
  • Investment in AI-driven platforms opens new revenue streams beyond traditional trading.
  • Expansion into sports betting exchanges offers new growth opportunities.

What critics are saying

  • Talent drain to competitors could impact Tower's competitive edge.
  • Increased competition from new trading platforms may challenge Tower's market position.
  • Potential overextension in investments could dilute Tower's strategic focus.

What makes Tower Research Capital unique

  • Tower Research Capital excels in high-frequency trading with advanced algorithms.
  • The firm has built some of the fastest electronic trading platforms globally.
  • Tower Research Capital leverages proprietary trading strategies for rapid market execution.

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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