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Senior Associate , Trade Operations

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Ghost-risk verdict

Some ghost-posting signals

  • open for 486 days (90+ without a fill is a strong ghost signal)
  • 81 open roles at this company in 30 days (mass-hiring blitz)
  • no salary disclosed (correlates with ghost postings)

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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.

Tower is home to some of the world’s best systematic trading and engineering talent. We empower portfolio managers to build their teams and strategies independently while providing the economies of scale that come from a large, global organization.

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. Our ongoing investment in top engineering talent and technology ensures our platform remains unmatched in terms of functionality, scalability and performance.

At Tower, every employee plays a role in our success. Our Business Support teams are essential to building and maintaining the platform that powers everything we do — combining market access, data, compute, and research infrastructure with risk management, compliance, and a full suite of business services. Our Business Support teams enable our trading and engineering teams to perform at their best.

Responsibilities

Handling of deliveries with clearing corporation on a daily basis for India Equities market

Generating and placing delivery instructions on the depository portals like NSDL and CDSL

Ensuring full compliance is met with regulatory requirements

Supporting clearing and settlement processes across multiple asset classes for India Markets

Liaising with Exchange and service vendors for troubleshooting and improvements

Owning and resolving specific inquiries from the stakeholders and ensure timely resolution

Qualifications

A degree in Finance, Economics, or other related fields with direct experience working for India Markets

5 to 8 years of experience in Clearing and Settlement operations at a Brokerage Firms (PCM/TCM) serving multiple clients

Aptitude and desire to learn new things

Great analytical and communication skills

High level MS Excel knowledge is a must: Comfortable with Look-ups, Pivot Tables, and Conditional Statements

Benefits

Tower’s headquarters are in the historic Equitable Building, right in the heart of NYC’s Financial District and our impact is global, with over a dozen offices around the world.

At Tower, we believe work should be both challenging and enjoyable. That is why we foster a culture where smart, driven people thrive – without the egos. Our open concept workplace, casual dress code, and well-stocked kitchens reflect the value we place on a friendly, collaborative environment where everyone is respected, and great ideas win.

Our benefits include

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

At Tower, you’ll find a collaborative and welcoming culture, a diverse team and a workplace that values both performance and enjoyment. No unnecessary hierarchy. No ego. Just great people doing great work – together.

Tower Research Capital is an equal opportunity employer.

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