Quantitative Analyst
Tower Research Capital LLC, a high-frequency proprietary trading firm founded in 1998, seeks a Quantitative Analyst to become one of the initial members of a growing statistical arbitrage group. The responsibilities for this position are varied and complex, requiring a high degree of confidentiality, discretion, independent judgment, and initiative.
Responsibilities
- Developing and maintaining short- to mid-term technical signals
- Independently developing and maintaining risk and event-based models
- Performing transaction cost modeling, which is vital to the functionality of the team
- Conducting critical day-to-day portfolio management
Qualifications
- 2-4 years of experience in statistical arbitrage
- A bachelor’s degree and preferably a PhD from top-tier universities
- Excellent C++ and Java programming skills
- Python skills (a strong plus)
- Knowledge of Linux
- Strong problem-solving abilities
- Background in mathematics and statistics (preferred)
- The ability to manage multiple tasks in a fast-paced environment
- The willingness to take on tasks both big and small
- Excellent communication skills and fluency in English
Benefits
Tower’s offices and garden roofdeck are located in TriBeCa, a neighborhood in downtown Manhattan. While we work hard, Tower’s cubicle-free workplace, jeans-clad workforce, and well-stocked kitchens reflect the premium the firm places on quality of life. Benefits include:
- Excellent potential for growth within the team
- Competitive salary
- 401(k) with company matching
- Five weeks of paid vacation per year plus nine paid holidays
- In-house finance seminars
- Free breakfast, lunch, and snacks on a daily basis
- Free gym membership
- Free tickets to New York events, including the US Open and TriBeCa Film Festival
To Apply
Please send your resume to StatArbQuant@tower-research.com. Please entitle your e-mail “Quantitative Analyst: [Your Name].”