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Tower Research Capital
Risk Manager
🌎Singapore
1w ago

Job Description

Tower Research Capital, a high-frequency proprietary trading firm founded in 1998, seeks a Risk Manager, with a strong background in systematic/algorithmic trading to join the global Risk and Trading Supervision team in Singapore.

Responsibilities 

  • Providing risk oversight for the APAC trading activities of the firm by focusing on electronic trading risk and market risk
  • Support the APAC Head of Risk in developing and enhancing risk management framework, policies and procedures
  • 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 Exchanges/Prime Brokers to respond effectively to any risk limit violation and resolving any trading and risk related issues
  • Assisting Risk Management and Risk Technology teams to enhance the electronic trading risk controls and design the next generation of risk analytics and trading supervision systems
  • Conducting ad-hoc risk analysis and back-testing on trading strategies on a regular basis

Qualifications 

  • Bachelor’s degree in Financial Engineering, Mathematics, Economics, Computing or related field. Quantitative Master’s degree highly regarded
  • At least 3 to 5 years of experience in an electronic trading role gained from a quantitative proprietary trading group, systematic hedge fund manager, or sell-side electronic trading role
  • Strong experience with algorithmic trading and low latency electronic risk controls is preferred
  • Strong financial markets, products and valuation knowledge preferably in Equities, FX and related derivatives (futures and options)
  • Understanding of regional exchange-specific rules and regulations
  • Strong Python and database proficiency skills in conducting data and quantitative analysis
  • Good track record of working with senior management, compliance, business management and technology teams
  • Strong problem-solving skills, attention to details with excellent written and verbal skills
  • Desire to continuously learn and proactively challenge the status quo to improve existing processes 

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 discretionary bonuses
  • 5 weeks of paid vacation per year
  • Breakfast, lunch, and snacks on a daily basis
  • International medical insurance
  • Free gym membership
  • For employees ineligible to participate in the CPF, the cash equivalent of the employer’s CPF contribution
  • Free events and workshops
  • Donation matching program

Tower Research Capital is an equal opportunity employer.