Quantitative Researcher

Tower Research Capital, a high-frequency proprietary trading firm founded in 1998, seeks talented and experienced Quantitative Researchers in Hong Kong.

As a Quantitative Researcher in one of Tower’s trading teams, you will use Tower’s in-house research and trading platform—one of the fastest and most comprehensive in the world—to build and deploy systematic trading strategies. Our researchers use statistical and machine learning techniques to uncover patterns in market behavior used to build predictive models, formalize and solve optimization problems to create trading strategies, and are involved in the entire process from idea generation to production results.

Responsibilities

• Analyzing large data sets of various origins to form and test hypotheses regarding market behavior
• Researching and building statistical models of financial instruments’ valuation and returns
• Formalizing and implementing trading strategies and algorithms through solving the appropriate optimization problems
• Building robust and scalable quantitative research methods, tools and platforms, across the full pipeline from data extraction and analysis to model calibration and reporting

Qualifications

• Solid academic background in mathematics, machine learning, computer science, physics or a similar quantitative field with a strong research experience equivalent to research-oriented masters degree or ideally a PhD in the field
• Strong quantitative research experience in the systematic trading space, across idea generation, research, deployment, and production analysis, with a track record of delivering impactful results
• Effective programming skills and prior experience building high quality, scalable software in scripting / dynamic languages such as Python or lower level languages such as C++, ideally in both
• Ability to communicate clearly and effectively both at a high level and in details

Benefits

Tower continues to enhance the in-house trading system and strategies that have positioned the firm as a leader in the thriving field of quantitative trading. While Tower offers challenges and rewards rivaling those of any Wall Street firm, Tower’s cubicle-free workplace, jeans-clad workforce, and well-stocked kitchens reflect the premium the firm places on quality of life. Benefits include:

• Competitive salary and discretionary bonuses
• 5 weeks of paid vacation per year
• International medical insurance
• Lunch and snacks on a daily basis
• Free events and workshops
• Donation matching program

Tower Research Capital is an equal opportunity employer.