Quantitative Research Analyst

Posted:
9/5/2023, 2:42:37 AM

Location(s):
Paris, Ile-de-France, France ⋅ London, England, United Kingdom ⋅ Amsterdam, North Holland, Netherlands

Experience Level(s):
Junior ⋅ Mid Level ⋅ Senior

Field(s):
Software Engineering

Pay:
$40/hr or $83,200 total comp

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

As a member of one of Tower’s trading teams, a Quantitative Research Analyst 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 behaviour.

Responsibilities

  • Designing, implementing, and deploying trading algorithms
  • Exploring trading ideas by analysing market data, market micro-structure and alternate data for patterns
  • Creating tools to analyse data for patterns
  • 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 from a top-tier university in Mathematics, Statistics, Computer Science, or equivalent STEM degree
  • Experience in high-frequency trading or 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’s office is located in the heart of London’s financial district, and is easily accessible by public transport links. 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
  • 5 weeks of paid holiday per year plus bank and public holidays
  • Free breakfast, lunch, and snacks on a daily basis
  • Pension, medical and dental, group life and income protection schemes
  • Reimbursement for health and wellness expenses
  • Free events and workshops
  • Donation matching program

 Tower Research Capital is an equal opportunity employer.