Senior Options Quantitative Researcher

Posted:
12/17/2024, 9:22:03 AM

Location(s):
New York, New York, United States ⋅ New York, United States

Experience Level(s):
Senior

Field(s):
Software Engineering

Pay:
$38/hr or $79,040 total comp

Tower Research Capital, a high-frequency proprietary trading firm founded in 1998, seeks an experienced Options Quantitative Researcher.

Responsibilities:

  • Developing options pricing and risk models
  • Improving real-time volatility valuation and fitting
  • Researching short to mid frequency volatility alphas
  • Collaborating with other traders and quantitative researchers to optimize existing strategies
  • Mentoring junior traders and/or quantitative researchers

Qualifications:

  • 3+ years of experience in a quantitative research role with a focus on options pricing, volatility surfaces, and risk management
  • Experience in researching predictive volatility alphas over various time horizons
  • Understanding of the practical considerations required in implementing and executing trading signals
  • Expertise in detailed implementations of numerical pricing for American options
  • Ability to work with large multi-faceted datasets
  • Passion and drive to take a leading role in a growing options business
  • Relevant programming experience, preferably in Python and/or C++
  • Excellent attention to detail

Anticipated New York annual base salary range $120,000-180,000, plus eligible for discretionary bonus

Benefits

Tower is headquartered in New York City, and has offices around the globe. 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:

  • 5 weeks of paid vacation plus 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.