Summary
Join Tower Research Capital, a high-frequency proprietary trading firm, as an Associate, Data Acquisition to work in our Market Data team in New York. The ideal candidate will have experience in market data and negotiation with vendors.
Requirements
- Negotiating with vendors both in terms of acquiring new data sets and managing contract renewals
- Strong knowledge of equity valuation methods and derivative products
- Monthly exchange reporting and entitlement controls
- Expense control, product rationalization, and internal cost allocation
- Exchange/vendor audits and contractual reporting obligations
- Interacting with vendors to analyze new product offerings
Responsibilities
- Analyzing existing data agreements with a focus on exchange/vendor reporting requirements, entity coverage, and audit documentation
- Liaising with Trading teams on allocation questions and requirements gathering for new Products
- Engaging in negotiations with market data vendors, exchanges, and index providers
- Assisting with monthly exchange/vendor reporting and allocations
- Liaising with Trading Teams and Support Teams (Legal, Operations, Core Engineering, etc) on a regular, operational basis
- Enhancing and automating existing processes for operational efficiency
Benefits
- 401(k) with company matching
- 5 weeks of paid vacation per year plus 11 paid holidays
- Free breakfast, lunch, and snacks on a daily basis
- Reimbursement for health and wellness expenses
- Free events and workshops
- Donation matching program
