Quantitative Trader / Researcher - US - Tower Research : Job Details

Tower Research Capital, a high-frequency proprietary trading firm founded in 1998, seeks talented and experienced Quantitative Traders and Researchers.

As a member of one of Tower's trading teams, a Quantitative Trader / Researcher will be using Tower's in-house trading system-one of the fastest and most comprehensive in the world-to develop and deploy algorithmic trading strategies based on patterns in market behavior.

Responsibilities

* Designing, implementing and deploying trading algorithms

* Researching high to mid frequency alphas

* Exploring trading ideas by analyzing market data, market microstructure and alternate data for patterns

* Creating tools to analyze data for patterns and developing data platforms

* Contributing to libraries of analytical computations to support market data analysis and trading

* Developing, augmenting and calibrating exchange simulators

Qualifications

* A Bachelors, Masters or PhD degree in Mathematics, Statistics, Computer Science or equivalent STEM degree

* Experience in quantitative trading is preferred but not a requirement

* A strong background in mathematics and statistics

* Proficiency in back-testing, simulation, and statistical techniques (auto-regression, auto-correlation and Principal Component Analysis)

* Solid data-mining and analysis skills, including experience dealing with a large amount of data/tick data

* Familiarity with signal generation and statistical models

* Strong programming skills in Python or C++

Anticipated New York annual base salary range $120,000-200,000, plus eligible for discretionary bonus

Benefits

Tower is headquartered in New York City, and has offices around the globe. While we work hard, Tower's cubicle-free workplace, jeans-clad workforce, and well-stocked kitchens reflect the premium the firm places on quality of life. Benefits include:

* 5 weeks of paid vacation plus paid holidays

* Free breakfast, lunch, and snacks on a daily basis

* Reimbursement for health and wellness expenses

* Free events and workshops

* Donation matching program

Tower Research Capital is an equal opportunity employer.