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.