Quantitative Developer Intern (Summer 2023)
Tower Research Capital, a high-frequency proprietary trading firm founded in 1998, seeks a Quantitative Developer Intern to join our team. Founded in 1998, Tower Research Capital LLC is a leader in the thriving field of quantitative trading. Working at Tower means collaborating with bright minds from around the world to create cutting edge-technology and tackle challenging technical problems. We’re engineers and pioneers who use scientific principles to identify market opportunities and who think Mondays look better in jeans and a t-shirt than in a suit and tie.
As a Quantitative Developer Intern, you'll have the opportunity to contribute to the team’s profitability and to learn about multiple aspects of algorithmic high-frequency trading.
Your responsibilities may include any of the following, which will require you to exercise discretion and independent judgment:
- Working closely with traders to understand their needs
- Operating the team’s high-frequency trading strategies
- Monitoring trading and adjusting risk parameters as needed
- Solving problems by providing timely support for production systems
- Devising ways to architect and develop solutions
- Making market observations and conducting post-trade analysis
Who you are:
You are talented, driven, and hungry for a challenge. You believe that there’s no limit to what we can accomplish together in a creative, collaborative setting which pairs passion with brilliance. If you refuse to settle for a career that offers anything less, we want to meet you!
- Bachelor’s, Master’s, or PhD student
- Majoring in computer science, mathematics, physics, electrical engineering, or related fields
- Proficient in an object-oriented programming language (C++ and Python preferred)
- A working knowledge of Linux/Unix
- Past industry experience (a plus)
- Experience as a Teaching Assistant and/or participation in relevant Olympiads (a plus)
- Familiarity with machine learning, data analysis, market research and data modeling (a plus)
- Strong problem-solving abilities
- A passion for new technologies and ideas
- The ability to manage multiple tasks in a fast-paced environment
- Strong communication skills
Financial experience is not required, but interest in financial markets is a plus.
Why you should join our team:
Tower’s headquarters and garden roofdecks are located in TriBeCa and SoHo, neighborhoods in downtown Manhattan. We also have a Chicago office 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 compensation package
- Housing accommodation
- Free breakfast, lunch, and snacks on a daily basis
- Exciting networking and social events (past events include Broadway shows, Escape Rooms, cooking classes)
- Opportunities to learn from senior management across the firm
- Mentors from your alma mater and other top institutions
Tower Research Capital is an equal opportunity employer.