Manager, Risk
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
Pay
Anticipated annual base salary range is $150,000-$200,000 plus eligible for discretionary bonus.
Schedule
Tower offers hybrid working opportunities.
Benefits
- 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
Company Culture
Tower Research Capital fosters 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.
About the Role
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.
Requirements
None specified in the job posting.
Skills
None specified in the job posting.
Benefits
None specified in the job posting.
Equal Opportunity Employer
Tower Research Capital is an equal opportunity employer.