Electronic Trading Risk Specialist
2 weeks ago
At Tower Research Capital, we continue to push the boundaries of quantitative trading. As an Electronic Trading Risk Specialist, you will play a pivotal role in overseeing risk for our India trading activities.
Job DescriptionThis is an exciting opportunity to join our team and contribute to the success of our firm. In this role, you will be responsible for:
- Providing risk oversight for electronic trading activities in India, focusing on market and operational risk management
- Collaborating with the regional Head of Risk to manage risk for regional trading activities
- Developing and implementing real-time risk controls to monitor and mitigate electronic trading risk
- Working closely with Portfolio Managers, Traders, Core Engineering teams, and Prime Brokers to respond to risk limit violations and resolve trading-related issues
- Enhancing electronic trading risk controls and designing next-generation risk management systems in collaboration with the Risk Management and Risk Technology teams
You will also be responsible for conducting ad-hoc risk analysis and back-testing on a regular basis.
RequirementsTo succeed in this role, you will need:
- An academic degree in Engineering, Mathematics, Computer Science, or equivalent quantitative disciplines. A Master's degree is highly desirable
- At least 1-3 years of experience in an electronic trading risk role, preferably with a quantitative proprietary trading group, systematic hedge fund manager, or sell-side electronic trading role
- Experience with algorithmic trading and low-latency electronic risk controls is highly beneficial
- Knowledge of global equities, futures, and options
- Understanding of regional (India) exchange-specific rules and regulations
- A desire to continuously learn and proactively challenge existing processes
- Solid track record of working with senior management, compliance, business management, and technology teams
- Proficiency in Python and databases, with C++ and similar languages being advantageous
We offer a competitive salary and performance-based bonuses, as well as a range of benefits including:
- 5 weeks of paid vacation per year
- Daily breakfast, lunch, dinner, and snacks
- Cab facility within Gurgaon
- Health club allowances
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