Associate, Clearing & Operations

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. Responsibilities: Trading and process monitoring, as well as PNL reporting; ad-hoc exception handling and query management Affirming of trades, minimizing operational risk and maximizing straight through processing Reconciling of position, trades, cash, NAV, and fees Investigating breaks raised by trading desks, other departments, and counterparties Liaising with Prime Brokers and service vendors for troubleshooting and improvements Participating in local & global operations, audit, and valuation projects