Tower Research Capital, LLC

Manager, Risk

Tower Research Capital, LLC • $150K — $200K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Strong academic background with a bachelor's degree; quantitative master's preferred
  • 3 to 6 years of experience in electronic trading risk, ideally from quantitative proprietary or sell-side roles
  • Proactive mindset to consistently challenge and enhance processes
  • Collaboration experience with compliance, business, and tech teams
  • Proficiency in Python and database management essential
  • Keen attention to detail along with strong problem-solving skills
  • Excellent communication abilities, both written and verbal
  • Familiarity with equities and options is a plus

Responsibilities

  • Provide risk oversight for Americas trading activities, focusing on electronic trading and market risk
  • Assist the regional Head of Risk in managing and modeling regional trading risk
  • Collaborate with Portfolio Managers, Traders, Core Engineering team, and Prime Brokers to resolve trading issues
  • Support Risk Management and Risk Technology teams in enhancing trading risk controls and mitigating operational risks
  • Conduct ad-hoc risk and margin analysis and perform regular back-testing

Benefits

  • Generous paid time off policies
  • Financial wellness tools and savings plans available
  • Hybrid working opportunities
  • Daily free breakfast, lunch, and snacks
  • In-office wellness programs and reimbursement for wellness expenses
  • Company-sponsored sports teams and fitness events
  • Volunteer opportunities and charitable giving initiatives
  • Year-round social events and celebrations
  • Workshops and continuous learning opportunities
Full Job Description
Responsibilities
  • Providing risk oversight for the Americas trading activities of the firm by focusing on electronic trading and market risk
  • Assisting the regional Head of Risk in overseeing, managing and modeling risk for the regional trading activities
  • Working closely with the Portfolio Managers, Traders, Core Engineering team, and Prime Brokers to respond effectively to resolve trading related issues
  • Assisting Risk Management and Risk Technology teams to enhance trading risk controls and to mitigate operational risk
  • Conducting ad-hoc risk and margin analysis in addition to back-testing on a regular basis

Qualifications
  • Strong academic background with a bachelor's degree in sciences, quantitative master's highly regarded
  • 3 to 6 years of experience in an electronic trading risk role gained with a quantitative proprietary trading group or sell-side electronic trading role
  • Desire to continuously learn and proactively challenge the status quo to improve existing processes
  • Experience working with compliance, business management and technology teams
  • Solid Python and database proficiency required
  • Strong problem-solving skills and attention to detail
  • Excellent written and verbal communication skills
  • Experience with equities and options preferred

Anticipated annual base salary range is $150,000-$200,000 plus eligible for discretionary bonus.

Tower's headquarters are in the historic Equitable Building, right in the heart of NYC's Financial District and our impact is global, with over a dozen offices around the world.

Our benefits include:
  • Generous paid time off policies
  • Savings plans and other financial wellness tools available in each region
  • Hybrid working opportunities
  • Free breakfast, lunch, and snacks daily
  • In-office wellness experiences and reimbursement for select wellness expenses (e.g., gym, personal training and more)
  • Company-sponsored sports teams and fitness events (JPM Corporate Challenge, Cycle for Survival, Wall Street Rides FAR and more)
  • Volunteer opportunities and charitable giving
  • Social events, happy hours, treats, and celebrations throughout the year
  • Workshops and continuous learning opportunities

About Tower Research Capital, LLC

Tower Research Capital, LLC is a quantitative trading firm that was founded in 1998. The company uses advanced technology and algorithms to trade in multiple asset classes across global markets. Tower Research Capital, LLC is headquartered in New York City and has offices in North America, Europe, and Asia. The company is known for its innovative approach to trading and its use of cutting-edge technology to analyze market data and make trading decisions. Tower Research Capital, LLC is a privately held company and does not disclose its financial information to the public.
Learn more about Tower Research Capital, LLC
Size
1,000 employees
Industry
Founded
1998

Similar Jobs

More Jobs at Tower Research Capital, LLC

  • Tower Research Capital, LLC
    Manager, Risk
    $150K — $200K *
    New York, NY 10025 (New York County)
    Finance & Insurance
    In-Person
  • Tower Research Capital, LLC
    Senior Quantitative Researcher
    $120K — $200K *
    New York, NY 10025 (New York County)
    Finance & Insurance
    In-Person

More Finance & Insurance Jobs

Find similar Manager, Risk jobs: