Tower Research Capital India Pvt. Ltd., an affiliate of the high-frequency proprietary trading firm Tower Research Capital LLC (“Tower”), seeks an Associate for India Trade Operations with strong communication and analytical skills to contribute to local and global operations support within our post trade infrastructure. 

Our firm successfully executes a range of different strategies across multiple trading teams in a variety of markets. We have an extremely high-performance network that processes a vast amount of financial information in real time.

Responsibilities:

• Daily trade and process monitoring, as well as PNL reporting; ad-hoc exception handling and query management 
• Affirmation of trades, minimizing operational risk and maximizing straight through processing 
• Daily reconciliation of position, trades, cash, NAV, and fees
• Supporting clearing and settlement processes across multiple asset classes: Equity, Fixed Income, Derivatives, FX, and Commodities
• Investigation of breaks raised by trading desks, other departments, and counterparties
• Assisting in automation efforts and process improvements
• Liaising with Prime Brokers and service vendors for troubleshooting and improvements
• Owning and resolving specific inquiries and ensure timely resolution
• Participating in local & global operations, audit, and valuation projects

 Qualifications:

• A degree in Finance, Economics, Computer Science, or other related fields
• Mastery of financial concepts with direct experience working with global markets
• 1 to 5 years of experience in trade support or post trade operations at a Brokerage, Asset Manager, Investment Bank, or Proprietary Trading Firm 
• DevOps experience is beneficial 
• Aptitude and desire to learn new things and quickly adapt 
• Great analytical and communication skills 
• High level MS Excel knowledge is a must: Comfortable with Look-ups, Pivot Tables, and Conditional Statements
• Interest in post trade infrastructure 
• Ability to work with large scale data reconciliations is a must 
• Python or SQL experience a plus 
• A masters in Finance or a CFA/Certification in Finance would be an added advantage 

Benefits:

Tower continues to enhance our in-house trading system and strategies that have positioned the firm as a leader in the thriving field of quantitative trading. While Tower offers challenges and rewards rivaling those of any Wall Street firm, 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
• 5 weeks of paid vacation per year
• Breakfast, lunch, dinner, and snacks on a daily basis
• Cab facility 
• Health club allowances

Tower is an equal opportunity employer