Tower Research Capital, a high-frequency proprietary trading firm founded in 1998, is seeking an Analyst and Associate to join our Post Trade Operations team in Charleston, South Carolina.
Responsibilities
- Support clearing and settlement processes for millions of daily trades in the following asset classes: Equity, Fixed Income, Derivatives, FX, Commodities, and Crypto
- Affirmation of trades, minimizing operational risk and maximizing straight through processing
- Daily reconciliation of internal data to participating brokers via position, trades, cash, NAV, and fees
- Investigation of breaks raised by trading desks, other departments, and counterparties
- Building Business Intelligence reports via Tableau regarding operational activities for senior management
- Maintain and navigate 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
- Liaise with external software vendors to troubleshoot current processes and propose improvements
- Own and resolve specific inquiries and ensure timely resolution
- Ability to identify areas of improvement, scope requirements and assist in implementation of automation.
Qualifications
- A degree in Finance, Economics, Computer Science, or other related fields. CFA a plus.
- Extensive knowledge base in FAS 1 level financial products
- Fundamental awareness of global markets
- 1-5+ years of experience in capital markets operations
- Extensive communication across trading teams and software development teams
- Interest in post trade infrastructure
- Desire for fast-paced environment and “to wear multiple hats”
- High level MS Excel knowledge is a must: Comfortable with Look-ups, Pivot Tables, and Conditional Statements
- Python, VBA, Tableau, or SQL experience a plus
- Buy Side experience is a plus
- Task Management via tracking software such as JIRA is a plus
Benefits
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
- 401(k) with company matching
- 5 weeks of paid vacation per year plus 11 paid holidays
- Free breakfast, lunch, and snacks on a daily basis
- Reimbursement for health and wellness expenses
- Free events and workshops
- Donation matching program
Tower Research Capital is an equal opportunity employer.