Quantitative Researcher Intern, Bachelor's or Master's

Risk Hub; Singapore; On-site; SGD 58,000 - 83,000; Full time

Benefits offered by this job

Competitive pay

Free meals & snacks

Networking events

Mentorship program

Mentors from alma mater

Job summary

Tower Research Capital in New York City offers an internship for undergraduate and graduate students in computer science, mathematics, physics, machine learning, or related fields. You will work on mid- to high-frequency trading algorithms, analyze market data and microstructure, and build tools to analyze data for trading insights.

The role emphasizes hands-on learning within a world-class quantitative trading platform, with collaboration across engineering and trading teams to solve

Qualifications

• Bachelor’s or Master’s student in CS/math/physics/ML or related fields.
• Proficient in an object-oriented programming language (C++ and Python preferred).
• Working knowledge of Linux/Unix and strong problem-solving abilities.
• Interest in financial markets and ability to multitask in a fast-paced environment.

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.

Education

Bachelor’s or Master’s student

Proficient in C++

Proficient in Python

Strong communication skills

Interest in financial markets

Tools

Linux/Unix

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
• 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.