Skip to content

Quantitative Researcher Intern, PhD or Postdoc

Tower Research Capital

About the Role

Tower Research Capital is a leading quantitative trading firm founded in 1998. Tower has built its business on a high-performance platform and independent trading teams. We have a 25+ year track record of innovation and a reputation for discovering unique market opportunities.

Engineers thrive at Tower while developing electronic trading infrastructure at a world class level. Our engineers solve challenging problems in the realms of low-latency programming, FPGA technology, hardware acceleration and machine learning.

At Tower, every employee plays a role in our success. Employees will find a stimulating, results-oriented environment where highly intelligent and motivated colleagues inspire each other to reach their greatest potential.

Responsibilities include designing, implementing, and deploying mid- to high-frequency trading algorithms; exploring trading ideas by analyzing market data and market microstructure for patterns; creating tools to analyze data for patterns; contributing to libraries of analytical computations; and developing, augmenting, and calibrating exchange simulators.

Requirements

  • PhD or Postdoctoral research focusing on mathematics, statistics, computer science, physics, machine learning, or related fields
  • Proficient in an object-oriented programming language (C++ and Python preferred)
  • A working knowledge of Linux/Unix
  • 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
  • Interest in financial markets
  • Past industry experience (preferred, not required)
  • Experience as a Teaching Assistant and/or participation in relevant Olympiads (preferred, not required)
  • Familiarity with machine learning, data analysis, market research and data modeling (preferred, not required)

What You'll Get

  • Competitive compensation package
  • Free breakfast, lunch, and snacks daily
  • Exciting networking and social events
  • Opportunities to learn from senior management across the firm
  • Mentors from your alma mater and other top institutions
  • Open concept workplace
  • Casual dress code
  • Well-stocked kitchens