Analyst/associate, Operations

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.