Tower seeks an experienced Index Options Trader.
Responsibilities:- Managing a portfolio of listed options products
- Collaborating with other traders and quantitative researchers to optimize existing strategies
- Working with developers to improve systems, latency, and execution
- Identifying and monetizing new trading opportunities
- Mentoring junior traders and/or quantitative researchers
Qualifications:- 3+ years of experience on a high volume share index options market-making desk
- Expertise in capturing opportunities from both short-term and long-term dislocations in volatility pricing
- Deep understanding of the risks involved in managing a large index options portfolio
- Experience in operating, optimizing, and iteratively improving distributed automated trading systems
- Knowledge of various exchange protocols to achieve best execution
- Ability to work in a fast-paced, high-pressure environment
- Passion and drive to take a leading role in a growing options business
- Relevant programming experience, preferably in Python and/or C++
- Excellent attention to detail
Anticipated New York annual base salary range $120,000-180,000, plus eligible for discretionary bonus
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.
