Quantitative Trader at Tower Research Capital in Chicago, IL

Summary: Tower Research Capital is a leading quantitative trading firm founded in 1998, known for its high-performance platform and independent trading teams. The role involves designing and deploying trading algorithms, contributing to analytical libraries, and exploring trading ideas through market data analysis. Responsibilities: - Design,implement, and deploy trading algorithms - Design trading strategies - Contribute to libraries of analytical computations to support market data analysis and trading - Create tools to analyze data for patterns - Explore trading ideas by analyzing market data and market microstructure for patterns - Develop, augment, and calibrate exchange simulators - Conduct research on signal and modeling to enhance prediction accuracy and investigate ways to refine execution algorithms in the market Required Qualifications: - Bachelor's degree or foreign equivalent in Mathematics, Statistics, Computer Science, Engineering (any specialty field within Engineering is considered relevant) or a related quantitative field - One (1) year of experience in the position offered or related occupation - Experience with Mathematics and statistics - Experience with Back-testing, simulation, and statistical techniques including auto-regression, auto-correlation and Principal Component Analysis - Data-mining and analysis skills, including experience dealing with a large amount of data or tick data - Experience with Signal generation and statistical models - Experience with Python or C++ Required Skills: Mathematics, statistics, Back-testing, simulation, Data-mining, analysis, Signal generation models, Python, C++ Benefits: Generous paid time off policies, Savings plans and other financial wellness tools available in each region, Hybrid working opportunities, Free breakfast, lunch, and snacks daily, In-office wellness experiences and reimbursement for select wellness expenses (e.g., gym, personal training and more), Company-sponsored sports teams and fitness events (JPM Corporate Challenge, Cycle for Survival, Wall Street Rides FAR and more), Volunteer opportunities and charitable giving, Social events, happy hours, treats, and celebrations throughout the year, Workshops and continuous learning opportunities