Quantitative Researcher

Tower Research Capital is a leading quantitative trading firm founded in 1998. Tower has built its business on a high-performance platform and independent trading teams. We have a 25+ year track record of innovation and a reputation for discovering unique market opportunities. Tower is home to some of the world's best systematic trading and engineering talent. We empower portfolio managers to build their teams and strategies independently while providing the economies of scale that come from a large, global organization. Engineers thrive at Tower while developing electronic trading infrastructure at a world class level. Our engineers solve challenging problems in the realms of low-latency programming, FPGA technology, hardware acceleration and machine learning. Our ongoing investment in top engineering talent and technology ensures our platform remains unmatched in terms of functionality, scalability and performance. At Tower, every employee plays a role in our success. Our Business Support teams are essential to building and maintaining the platform that powers everything we do - combining market access, data, compute, and research infrastructure with risk management, compliance, and a full suite of business services. Our Business Support teams enable our trading and engineering teams to perform at their best. At Tower, employees will find a stimulating, results-oriented environment where highly intelligent and motivated colleagues inspire each other to reach their greatest potential.

Responsibilities

• Design, implement and deploy trading algorithms.
• Research high to mid frequency alphas to develop algorithmic trading strategies.
• Evaluate strategic trading opportunities by analyzing market data, market microstructure, and alternate data for patterns.
• Develop algorithmic tools to analyze data for patterns and develop data platforms.
• Contribute to libraries of analytical computations to support market data analysis and trading.
• Develop, augment, and calibrate exchange simulators.

Part-time work from home benefits.

Qualifications

• Minimum Requirements: Bachelor's degree or foreign equivalent in Mathematics, Statistics, Computer Science, or related field.
• Must have experience with the following:
• Heavy concentration in mathematics, including statistics and probability;
• Working in back-testing historical performance and bootstrapping simulation of quantitative strategies;
• Research large data sets and developing quantitative models across multiple asset classes;
• Highly specialized knowledge in machine learning, big data, statistical modeling, portfolio construction theory, deep learning, econometrics, time series, linear algebra; and
• Programming in Python, R, and Matlab.

Anticipated New York annual base salary range $150,000 - $250,000, plus eligible for discretionary bonus. If interested, in addition to applying here you can email your resume indicating job # ID 00087658 to: Tower HR at [email protected].

Benefits

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. 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. Tower Research Capital is an equal opportunity employer. #LI-DNI Apply tot his job Apply To this Job