Senior Associate- Trade Operations

1 day ago

Gift City, India Tower Research Capital Full time ₹ 12,00,000 - ₹ 24,00,000 per year

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.

At Tower, employees will find a stimulating, results-oriented environment where highly intelligent and motivated colleagues inspire each other to reach their greatest potential.

Responsibilities :

  • Handling of deliveries with clearing corporation on a daily basis for India Equities market
  • Generation and placing delivery instructions on the depository portals like NSDL and CDSL
  • Making sure that the Payin's are processed timely, without any failures
  • Realtime Pledging and Unpledging of shares on NSDL and CDSL
  • SLB management and shares return / early pay-in of shares
  • Ensuring full compliance is met with regulatory requirements
  • Supporting clearing and settlement processes across multiple asset classes for India Markets
  • Daily reconciliation of trades and positions, and make sure that the breaks are resolved before the market opens.
  • Liaising with Exchange and service vendors for troubleshooting and improvements
  • Owning and resolving specific inquiries from the stakeholders and ensure timely resolution
  • Preparing data for exchange audits, working on month end activities
  • Completion of daily BAU task in timely manner

 Qualifications:

  • Working knowledge of the above mentioned activities.
  • 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
  • A masters in Finance would be an added advantage
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.
  • 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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