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 at GIFT city, Gandhinagar
Responsibilities
- Providing risk oversight for the India trading activities of the firm by focusing on electronic, market and operational risk
- Assisting the regional Head of Risk in overseeing and managing risk for the regional trading activities
- Controlling both electronic trading risk and market risk of strategies in real-time, and consequently escalating, reporting, and resolving any risk related issues in a timely manner
- Working closely with the Portfolio Managers, Traders, Core Engineering team, and Prime Brokers to respond effectively to any risk limit violation and resolving any trading related issues
- Assisting Risk Management and Risk Technology teams to enhance the electronic trading risk controls and design the next generation of risk management and trading supervision systems
- Conducting ad-hoc risk analysis and back-testing on a regular basis
Qualifications
- An academic degree in Engineering, Mathematics, Computer science, or equivalent quantitative disciplines. Master’s degree will be given additional preference
- At least 1 to 3 years of experience in an electronic trading risk role gained with a quantitative proprietary trading group, systematic hedge fund manager, or sell-side electronic trading role
- Experience with algorithmic trading and low latency electronic risk controls is preferable
- Knowledge of global equities, futures and options
- Understanding of regional(India) exchange-specific rules and regulations
- Desire to continuously learn and proactively challenge the status quo to improve existing processes
- Solid track record of working with senior management, compliance, business management and technology teams
- Python and database proficiency, C++ and similar languages advantageous
- Strong problem-solving skills and attention to detail
- Excellent written and verbal communication skills
Benefits
Tower continues to enhance the 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 Research Capital is an equal opportunity employer.