Quantitative Trader/Researcher - 2027

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 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

Communicating with internal and external trade support, market centers, and other parties to handle real-time trading issues and improve understanding of specific markets

Shaping the future of Tower through regular interviewing and infrequent campus recruiting trips

Qualifications:

A Bachelor’s, Master’s, or PhD degree in computer science, mathematics, physics, electrical engineering, or related fields

0-2 years of experience

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

Experience as a Teaching Assistant and/or participation in relevant Olympiads

Familiarity with machine learning, data analysis, market research and data modeling

Anticipated New York and Chicago annual base salary range $150,000 - $250,000, plus eligible for discretionary bonus.

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:

Generous paid time off policies

Savings plans and other financial wellness tools available in each region

Hybrid working opportunities

Free breakfast, lunch, and snacks daily

In-office wellness experiences and reimbursement for select wellness expenses (e.g., gym, personal training and more)

Company-sponsored sports teams and fitness events (JPM Corporate Challenge, Cycle for Survival, Wall Street Rides FAR and more)

Volunteer opportunities and charitable giving

Social events, happy hours, treats, and celebrations throughout the year

Workshops and continuous learning opportunities

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.