Quantitative Researcher

Tower Research Capital, a high-frequency proprietary trading firm founded in 1998, seeks talented and experienced Quantitative Researchers in Shanghai.

As a member of one of Tower’s trading teams, a Quantitative Researcher will be using Tower’s in-house trading system—one of the fastest and most comprehensive in the world—to develop and deploy algorithmic trading strategies based on patterns in market behavior.

Responsibilities:

• Designing, implementing and deploying trading algorithms
• Researching high to mid frequency alphas
• Exploring trading ideas by analyzing market data, market microstructure and alternate data for patterns
• Creating tools to analyze data for patterns and developing data platforms
• Contributing to libraries of analytical computations to support market data analysis and trading
• Developing, augmenting and calibrating exchange simulators

Qualifications:

• A Bachelors, Masters or PhD degree in Mathematics, Statistics, Computer Science or equivalent STEM degree
• Experience in quantitative trading is preferred but not a requirement
• A strong background in mathematics and statistics
• Proficiency in back-testing, simulation, and statistical techniques (auto-regression, auto-correlation and Principal Component Analysis)
• Solid data-mining and analysis skills, including experience dealing with a large amount of data/tick data
• Familiarity with signal generation and statistical models
• Strong programming skills in Python or C++

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
• Lunch and snacks on a daily basis
• Private medical insurance
• Gym membership allowance
• Free events and workshops
• Donation matching program

Tower Research Capital is an equal opportunity employer.