Tower Research Capital
Quantitative Risk Analyst
This job is now closed
Job Description
- Req#: 4993074
- Analyzing firm portfolios to identify market risks and performance drivers; expanding the current risk infrastructure to facilitate efficient risk management and ensure comprehensive coverage of firm risk exposures
- Supporting risk managers and team members on topics such as risk limit usage, firm and portfolio risk exposures, tail risks, and forward-looking risk events
- Developing new models (factor models) for risk analysis, performance analysis (P&L explain, performance statistics), enhancement of value-at-risk models and stress calculations on cross-asset products
- Ad-hoc analysis on specific trades & advising on risk scaling
- Helping design and prototype risk analytics and reports for portfolios of diverse products and strategies
- Collaborating closely with the technology team to deploy prototypes to production; continuously enhancing reports and systems areas when necessary
- Working with other departments to strengthen data integration, develop reports, and produce collaborative analysis for management
- At least 1 to 3 years of work experience in market risk or trading in Equities, Macro, Fixed Income, FX, or Credit
- Masters or PhD degree with a strong academic record required. An advanced STEM degree highly preferred
- Solid product knowledge & analytical rigor in terms of pricing models, risk sensitivities, and best practices for risk aggregation in a portfolio context
- Expertise working with large data sets & databases
- Strong Python and SQL skills
- Experience with pricing functions packages (i.e., QuantLib)
- Knowledge of MSCI/RiskMetrics/Barra is beneficial
- Excellent communication skills
- The ability to multitask and collaborate with team members to deliver on deadlines in a fast-paced environment
- Competitive salary and performance-based 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, a high-frequency proprietary trading firm founded in 1998, seeks a Quantitative Risk Analyst with a strong background in systematic trading to join the global Risk and Trading Supervision team.
Responsibilities
Qualifications
Anticipated annual base salary range $130,000 - 175,000, plus eligible for discretionary bonus
Benefits
Tower’s dual offices and garden roof decks are located in TriBeCa and SoHo, neighborhoods in downtown Manhattan. 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:
Tower Research Capital is an equal opportunity employer.
About the company
Tower Research Capital LLC, or simply Tower Research, is a high-frequency trading, algorithmic trading, and financial services fund.
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