Risk Manager
: Job Details :

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.