Quantitative Researcher Intern

Tower Research Capital, a high-frequency proprietary trading firm founded in 1998, seeks a Quantitative Researcher Intern to join one of our trading teams. You’ll draw upon your computer science, mathematical, and analytical abilities to develop complex and nimble code used to grow our business and increase the efficiency of the global financial markets.

Responsibilities:

• Designing, implementing, and deploying mid-frequency trading algorithms
• Working with a dedicated mentor to research and enhance existing trading strategies
• Exploring trading ideas by analyzing market data
• Creating tools to analyze data for patterns
• Contributing to libraries of analytical computations to support market data analysis and trading
  
  

Qualifications:

• A Master's and/or PhD in mathematics, statistics, physics, electrical engineering, computer science, or related fields
• Deep understanding of machine learning/deep learning concepts to solve real-world applications, i.e. optimization techniques, customized loss function, parameter tuning
• Strong experiences with tree based and Neural Network based model building and experiments iteration
• A strong background in C , R, Python, or an object-oriented programming language
  
  

Anticipated New York weekly base salary range $3,000-5,000.

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:

• Competitive compensation package
• Free breakfast, lunch, and snacks daily
• Exciting networking and social events (e.g. Broadway shows, Escape Rooms, cooking classes)
• Opportunities to learn from senior management across the firm
• Mentors from your alma mater and other top institutions
  
  

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.