Responsibilities- Research high to mid frequency alphas
- Explore trading ideas by analyzing market data, market microstructure and alternate data for market patterns
- Create tools to analyze data for patterns and contribute to customized simulators development
- Generate trading models with statistical / machine learning tools
- Implement and deploy trading algorithms, monitor portfolio risk, and maintain daily trading production
Qualifications- Requires a PhD in Mathematics, Mathematical Sciences, Statistics, Computer Science, Financial Engineering or related field of study
- Requires experience or coursework with each of the following:
- Computational mathematics
- Probability and statistics
- Python and C++ programming
- Machine Learning
- Time series analysis
- Reinforcement learning and optimization
- Ability to handle large datasets
- Derivatives pricing theories and their implementations
- and Risk modeling, with knowledge in distribution estimation
Telecommuting permitted up to 2 days per week.
Employer: Tower Research Capital LLC
Work Location: 120 Broadway, 38th Floor, New York, NY 10271
Hours: M-F, 40 hours/week
Salary: $152,339 to $250,000/year
Apply at: Apply online at https://tower-research.com/open-positions/ or send resume to Tower HR at [redacted] & indicate job # [redacted]
BenefitsTower'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.
At Tower, we believe work should be both challenging and enjoyable. That is why we foster a culture where smart, driven people thrive - without the egos. Our open concept workplace, casual dress code, and well-stocked kitchens reflect the value we place on a friendly, collaborative environment where everyone is respected, and great ideas win.
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
At Tower, you'll find a collaborative and welcoming culture, a diverse team and a workplace that values both performance and enjoyment. No unnecessary hierarchy. No ego. Just great people doing great work - together.
