Trade Monitor

Tower Research Capital, a high-frequency proprietary trading firm founded in 1998, seeks a Trade Monitor in Chicago. The Trade Monitor will join one of our existing trading teams to provide support for our trading and risk system.

Responsibilities

• Start and supervise Tower’s automated trading systems in a variety of markets for trading team
• Monitor live trading for risk and compliance issues and quickly respond to unusual behaviors or market conditions
• Work closely with portfolio managers and quantitative developers to deploy models, observe behaviors of production strategies, and implement prescribed changes during the trading day
• Proactively troubleshoot and resolve issues related to scripts and processes for day to day trading activities
• Communicate with support staff, brokers and exchanges to resolve intra-day trading issues
• Carefully document procedures and log production issues as they occur

Qualifications

• At least 2 years of experience in a trade monitor, trading or trade support role
• Working knowledge of risk control of equities and futures markets
• A good understanding and overview of algorithmic trading technology/architecture, hardware, software, detection and diagnosis of problems on UNIX servers, related monitoring applications, data connection and distribution architecture
• Preferably strong experience in scripting languages (Python, Shell) to support existing infrastructure and eventually identify and contribute to areas of improvement
• Confidence to work within a context of complex tasks and problem solve under direction but also able to take the right amount of initiative and assume responsibility over time
• Excellent communication skills and fluency in English
• A bachelor’s degree from a college or university

Benefits

Tower’s office is located in River North, a neighborhood in central Chicago, just north of the Loop. 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.