Production Trader

About the role

Tower Research Capital is seeking a talented and experienced Production Trader to join a Market Making team focusing on futures, ETFs and stocks in a fully automatised, low latency environment.

Responsibilities

• Ensuring the systems operate smoothly: run and monitor the trading systems
• Managing book sizes and various risks
• In charge of pricing of ETFs, EFPs, BTICs
• Proposing enhancements to the strategies/systems: working in conjunction with IT and Quants

Qualifications

• Masters or PhD degree in Mathematics, Statistics, Computer Science or equivalent STEM degree
• 3-7 years experience in the financial industry (experience in quantitative trading is preferred but not a requirement)
• A strong background in STEM
• 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
• Working knowledge of Linux and familiarity with SQL
• Strong communication and collaboration skills, with the ability to work effectively as part of a team
• The ability to manage multiple tasks in a fast-paced environment

Pay

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

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