Quantitative Researcher
- Full Time
Not Available
About the job
Tower Research Capital, a high-frequency proprietary trading firm founded in 1998, seeks talented and experienced Quantitative Researchers in Shanghai.
As a member of one of Tower’s trading teams, a Quantitative Researcher 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 behavior.
Responsibilities:
- Designing, implementing and deploying trading algorithms
- Researching high to mid frequency alphas
- Exploring trading ideas by analyzing market data, market microstructure and alternate data for patterns
- Creating tools to analyze data for patterns and developing data platforms
- 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 in Mathematics, Statistics, Computer Science or equivalent STEM degree
- Experience in 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 continues to enhance the in-house trading system and strategies that have positioned the firm as a leader in the thriving field of quantitative trading. While Tower offers challenges and rewards rivaling those of any Wall Street firm, 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 vacation per year
- Lunch and snacks on a daily basis
- Private medical insurance
- Gym membership allowance
- Free events and workshops
- Donation matching program
Tower Research Capital is an equal opportunity employer.