Algorithmic Trader & Researcher – High-Impact, Hybrid

Trading Interview; New York (NY); Hybrid; USD 120,000 - 200,000; Full time

Benefits offered by this job

Hybrid working opportunities

Generous paid time off

Employee training and growth

Well-stocked kitchens and snacks

Job summary

Tower Research Capital is a leading quantitative trading firm offering a high-performance platform for independent trading teams. Engineers build electronic trading infrastructure with low-latency and machine learning capabilities, supporting a global organization.

As a Quantitative Trader / Researcher, you will use Tower’s in-house trading system to develop and deploy algorithmic strategies based on market patterns, with opportunities in New York or Chicago.

Qualifications

• Bachelor’s/Master’s/PhD in Mathematics, Statistics, Computer Science or equivalent STEM degree.
• Strong background in mathematics and statistics.
• Proficiency in back-testing, simulation, and statistical techniques (auto-regression, auto-correlation, PCA).
• Solid data-mining and analysis skills with large data sets.

Responsibilities

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

Skills

Quantitative trading

Mathematics

Statistics

Python

C++

Back-testing

Data analysis

Machine learning

Data mining

Education

Bachelor's or higher in Mathematics/Statistics/Computer Science or STEM

Job description

Tower Research Capital is a leading quantitative trading firm offering a high-performance platform for independent trading teams. Engineers build electronic trading infrastructure with low-latency and machine learning capabilities, supporting a global organization.

As a Quantitative Trader / Researcher, you will use Tower’s in-house trading system to develop and deploy algorithmic strategies based on market patterns, with opportunities in New York or Chicago.