Tower Research Capital, a high-frequency proprietary trading firm founded in 1998, seeks an Associate to join our Operations Team.
Responsibilities
- Daily reconciliation of internal data to external parties via position, trades, cash, NAV, and fees
- Assisting in the automation of daily task and procedures
- Prematching of trades and fails management for various markets
- Supporting clearing and settlement processes across asset classes: Equity, Fixed Income, Derivatives, FX, Commodities, and Crypto
- EOD trade processing and reporting of daily PnL for various markets
- Investigation of breaks raised by trading desks, other departments, and counterparties
- Maintaining and navigating data such as security master within our systems to help minimize and investigate breaks
- Maintain relationships with brokers to fix daily breaks, while continually improving processes long term
- Liasing with external software vendors to troubleshoot current processes and propose improvements
- Ability to identify areas of improvement, scope requirements and assist in implementation of automation
- Ability to work with global teams and facilitate handovers
Qualifications
- A bachelor’s degree in Finance, Computer Science, or other related fields
- At least 3 to 5+ years of experience working in trading operations or dev operations within financial services
- Interest in post trade infrastructure
- High level MS Excel knowledge is a must: Comfortable with Look-ups, Pivot Tables, and Conditional Statements
- Strong analytical and communication skills
- Aptitude and desire to learn new things and quickly adapt
- Fundamental awareness of global markets
- Buy Side experience is a plus, knowledge of fee/commission landscape a plus
- Task Management via tracking software such as JIRA is a plus
- Desire for fast-paced environment and “to wear multiple hats”
Benefits
Tower’s office is located in the heart of London’s financial district, and is easily accessible by public transport links. 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 discretionary bonuses
- 5 weeks of paid holiday per year plus bank and public holidays
- Free breakfast, lunch, and snacks on a daily basis
- Pension, medical and dental, group life and income protection schemes
- Reimbursement for health and wellness expenses
- Free events and workshops
- Donation matching program
Tower Research Capital is an equal opportunity employer.
Top Skills
What We Do
Founded in 1998 by Mark Gorton, Tower Research Capital is a trading and technology company that has built some of the fastest, most sophisticated electronic trading platforms in the world.