Senior Quantitative Researcher
Responsibilities
- Analyzing large data sets of various origins to form and test hypotheses regarding market behavior
- Researching and building statistical models of financial instruments’ valuation and returns
- Formalizing and implementing trading strategies and algorithms through solving the appropriate optimization problems
- Building robust and scalable quantitative research methods, tools and platforms, across the full pipeline from data extraction and analysis to model calibration and reporting
Qualifications
- Solid academic background in mathematics, machine learning, computer science, physics or a similar quantitative field with a strong research experience equivalent to research-oriented masters degree or ideally a PhD in the field
- Strong quantitative research experience in the systematic trading space, across idea generation, research, deployment, and production analysis, with a track record of delivering impactful results
- Effective programming skills and prior experience building high quality, scalable software in scripting / dynamic languages such as Python or lower level languages such as C++, ideally in both
- Ability to communicate clearly and effectively both at a high level and in details
Pay
Anticipated New York and Chicago annual base salary range $120,000- $200,000, plus eligible for bonus(es).
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
Location is flexible for the right candidate, though New York or Hong Kong are preferred.
Skills
None specifically listed, but strong quantitative research skills, programming skills, and communication skills are required.
Benefits
See above under "Pay" and "Company Culture".