Risk Manager

Tower Research Capital, a high-frequency proprietary trading firm founded in 1998, seeks a Risk Manager, with a strong background in algorithmic trading to join the global Risk and Trading Supervision team.

Responsibilities

• Providing risk oversight for the Americas equities and options trading activities of the firm by focusing on electronic trading and market risk
• Assisting the regional Head of Risk in overseeing, managing and modeling risk for the regional trading activities
• Working closely with the Portfolio Managers, Traders, Core Engineering team, and Prime Brokers to respond effectively to resolve trading related issues
• Assisting Risk Management and Risk Technology teams to enhance trading risk controls and to mitigate operational risk
• Conducting ad-hoc risk and margin analysis in addition to back-testing on a regular basis

Qualifications

• Strong academic background with a bachelor’s degree in sciences, quantitative master’s highly regarded
• 2 to 5 years of experience in an electronic trading risk role gained with a quantitative proprietary trading group or sell-side electronic trading role
• Desire to continuously learn and proactively challenge the status quo to improve existing processes
• Experience working with compliance, business management and technology teams
• Solid Python and database proficiency required
• Strong problem-solving skills and attention to detail
• Excellent written and verbal communication skills

Benefits

Tower’s dual offices and garden roof decks are located in TriBeCa and SoHo, neighborhoods 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:

• Competitive salary and performance-based bonuses
• 401(k) with company matching
• 5 weeks of paid vacation per year plus 11 paid holidays
• Free breakfast, lunch, and snacks on a daily basis
• Reimbursement for health and wellness expenses
• Free events and workshops
• Donation matching program

Anticipated annual base salary range is $150,000-$200,000 plus eligible for discretionary bonus.

Tower Research Capital is an equal opportunity employer.