Quantitative Researcher Intern, Bachelor or Master

Tower Research Capital; Sydney; On-site; AUD 65,000 - 100,000; Full time

Benefits offered by this job

Competitive pay

Free meals

Networking events

Mentorship

Leadership exposure

Job summary

Tower Research Capital is a leading quantitative trading firm hiring early-career engineers in Sydney to work on advanced trading infrastructure and data analysis. Participants will contribute to low-latency systems, FPGA-like acceleration concepts, and ML-enabled insights while learning from top engineers in a collaborative setting.

The program emphasizes problem-solving, teamwork, and the ability to manage multiple tasks in a fast-paced environment, with mentorship and networking opportunities

Qualifications

• Bachelor’s or Master’s student in a relevant field.
• Proficiency in an object-oriented language (C++ and Python preferred).
• Working knowledge of Linux/Unix; strong problem solving and communication skills.

Responsibilities

• Designing, implementing, and deploying mid- to high-frequency trading algorithms.
• Exploring trading ideas by analyzing market data and market microstructure for patterns.
• Creating tools to analyze data for patterns.
• Contributing to libraries of analytical computations to support market data analysis and trading.
• Developing, augmenting, and calibrating exchange simulators.

Skills

C++

Python

Object-oriented programming

Linux/Unix

Problem-solving

Communication

Interest in financial markets

Education

Bachelor’s or Master’s student

Tools

Git

Machine learning

Job description

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:

• Designing, implementing, and deploying mid- to high-frequency trading algorithms
• Exploring trading ideas by analyzing market data and market microstructure for patterns
• Creating tools to analyze data for patterns
• Contributing to libraries of analytical computations to support market data analysis and trading
• Developing, augmenting, and calibrating exchange simulators

Qualifications:

• Bachelor’s or Master’s student
• Currently in the penultimate or final year of academic study
• Majoring in computer science, mathematics, physics, machine learning, or related fields
• Proficient in an object-oriented programming language (C++ and Python preferred)
• A working knowledge of Linux/Unix
• Strong problem-solving abilities
• A passion for new technologies and ideas
• The ability to manage multiple tasks in a fast-paced environment
• Strong communication skills
• Interest in financial markets

Preferred Qualifications (not required):

• Past industry experience and/or participation in relevant Olympiads
• Familiarity with machine learning, data analysis, market research and data modeling

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:

• Competitive compensation package
• Free breakfast, lunch, and snacks daily
• Exciting networking and social events
• Opportunities to learn from senior management across the firm
• Mentors from your alma mater and other top institutions

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.