Risk Intern - 6 Month Internship Opportunity

Tower Research Capital is a leading quantitative trading firm founded in 1998. Tower has built its business on a high-performance platform and independent trading teams. We have a 25+ year track record of innovation and a reputation  for discovering unique market opportunities.

Tower is home to some of the world’s best systematic trading and engineering talent. We empower portfolio managers to build their teams and strategies independently while providing the economies of scale that come from a large, global organization. 

Engineers thrive at Tower while developing electronic trading infrastructure at a world class level. Our engineers solve challenging problems in the realms of low-latency programming, FPGA technology, hardware acceleration and machine learning. Our ongoing investment in top engineering talent and technology ensures our platform remains unmatched in terms of functionality, scalability and performance.

At Tower, every employee plays a role in our success. Our Business Support teams are essential to building and maintaining the platform that powers everything we do — combining market access, data, compute, and research infrastructure with risk management, compliance, and a full suite of business services. Our Business Support teams enable our trading and engineering teams to perform at their best.

At Tower, employees will find a stimulating, results-oriented environment where highly intelligent and motivated colleagues inspire each other to reach their greatest potential.

Responsibilities

• Working closely and supporting the regional risk team to develop, implement, and enhance existing risk models, quantitative analytics, reports, and processes as per required


• Building proof of concept solutions for the new ideas and tools for data visualization (real-time streaming data and historical data) to provide risk managers with more insights into our trading activities


• Documenting any work done during internship and handover for future enhancements

Qualifications

• Penultimate or final year undergraduate students or Masters students pursuing a degree in Financial Engineering, Mathematics, Statistics, Computer Science, or a related technical field


• Strong interest in Financial markets with knowledge of equities, FX, and related derivatives (futures and options)


• Proficient in one of the following programming languages: C++, Python, and Javascript, and familiar with using Python / R to conduct data and quantitative analysis


• Working knowledge of operating systems (preferably Linux)


• Brilliant problem-solving abilities and critical thinking


• Strong communication skills in English

Benefits

Tower’s headquarters are in the historic Equitable Building, right in the heart of NYC’s Financial District and our impact is global, with over a dozen offices around the world. 

At Tower, we believe work should be both challenging and enjoyable. That is why we foster a culture where smart, driven people thrive – without the egos. Our open concept workplace, casual dress code, and well-stocked kitchens reflect the value we place on a friendly, collaborative environment where everyone is respected, and great ideas win.

Our benefits include:

• Breakfast, lunch, and snacks on a daily basis


• Free events and workshops

At Tower, you’ll find a collaborative and welcoming culture, a diverse team and a workplace that values both performance and enjoyment. No unnecessary hierarchy. No ego. Just great people doing great work – together.

Tower Research Capital is an equal opportunity employer.