Senior Associate- Trade Operations

Job description

Tower Research Capital India Pvt. Ltd., an affiliate of the high-frequency proprietary trading firm Tower Research Capital LLC (โ€œTowerโ€), seeks an Senior Associate for India Trade Operations with strong communication and excellent analytic skills to join the global operations team and contribute both locally and globally. Our firm successfully executes a range of different strategies across multiple trading teams in a variety of markets. We have an extremely high-performance network that processes a vast amount of financial information in real time.

Responsibilities :

โ— Contribute as a member of Towerโ€™s global post-trade operations leadership to the execution of strategic operational objectives (65% local, 35% global)

โ—Supporting clearing and settlement processes for trading on Indian and global markets across asset classes like Equity, Fixed Income, derivatives, FX and commodities

โ— Be a senior member of the operations group in Gift City, which are responsible for daily post-trade support and operational duties โ€“ including reference data management, clearing and settlement operations, streetside reconciliations, P&L estimation, as well as compliance analytics and reporting across multiple asset classes (FX, equities, futures, etc.).

โ— Work closely with global team members in the US, Europe, and Asia, to ensure coverage for critical processes and ensure consistency of services across regions.

โ— Serve as the regional liaison for operations with local senior and executive management; effectively communicate and present critical matters to key stakeholders and in various meetings.

โ— Lead the evolution of self-clearing operations and settlement processes in India.

โ— Understand the post trade requirements of different trading teams and contribute to the definition and execution of their service delivery roadmap.

โ— Inspire and lead the team to drive operational excellence and individual development.

Qualifications : The successful candidate will have:

โ— 5-8 years of experience as application support/operations manager for Post Trade Platform (middle office and/or back office) in a reputed financial firm

โ— Experience working with reference data, reconciliation, P&L handling โ€“ including third party vendor products

โ— Undergraduate or graduate degree from a top college or university

โ— Fundamental awareness or knowledge of SQL

โ— Brilliant problem solving and analytics (number crunching) skills Additionally, the candidate will be:

โ— Organized and detail-oriented (extremely important)

โ— Able to prioritize and manage multiple tasks in a fast-paced environment

โ— Able to work independently and take on many responsibilities

โ— Strong collaborator with a team orientation

โ— Assertive and clear style of communication with a fluency in English

Benefits:

Towerโ€™s headquarters are in the historic Equitable Building, right in the heart of NYCโ€™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 โ€“ 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, youโ€™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 โ€“ together.

Tower Research Capital is an equal opportunity employer.

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