At a time when high frequency traders have been stealing top talent from the likes of Goldman Sachs and other major banks—adding traders, quantitative analysts, software developers and engineers to their staff—one HFT firm says it has a good number of positions open.
Tower Research Capital—a New York-based firm specializing in quantitative trading and investment strategies—says it is currently hiring for a number of quantitative finance posts and will also be returning to campuses this fall to recruit both full-time employees and interns.
Most of the available positions are full-time and based in New York City. In addition, it boasts a relaxed, “cubicle-free, jean-clad workforce and well-stocked kitchens” at its TriBeCa-based main headquarters.
Available slots include all of the following:
• Experienced quantitative trader: The company says it’s always looking for professional quant traders with “strong track records of consistently profitable trading strategies.” It is open to all markets and asset class strategies and seeks professionals with proven track records (not just back-test data) and excellent return on capital. Experience at a top hedge fund or banks will be viewed as a plus.
• Systems experts: The company seeks a senior Django developer to create a framework for and lead the development of in-house systems and tools. Among the qualifications sought are Python fluency and experience in architecting a large Django site of loosely coupled applications, as well expert knowledge of AJAX/JS, extensive experience working with large database sets (with and without Django) and experience with common deployment scenarios.
Towers also seeks a Linux help-desk administrator to provide tech support for Linux and Windows users. This position calls for experience with Red Hat/Fedora Linux, Windows (XP, Vista, and 7) and various server and PC hardware, as well as Linux command line experience and knowledge of C/Perl/Python/Shell scripting. Finally, Tower seeks:
• Infrastructure development pros, including a trading automation developer with at least three years of professional programming experience and expertise in scripting languages, such as Perl, Python, shell scripting, awk, sed and MySql, and:
• Legal and compliance experts, including a compliance manager with three to six years of regulatory compliance experience at a trading or asset management firm, broker-dealer or consulting firm. In addition, Towers says, this individual should have:
Experience with SEC, FINRA, CFTC and other regulatory requirements relating to investment advisers and broker-dealers. Knowledge of U.S. trading rules including Reg. SHO, Reg. NMS and specific rules of exchanges will also be a plus.
This fall, Towers says, it will return to several campuses to recruit full-time employees and interns for high frequency trading internships.
Tower says it encourages PhD, bachelor’s and master’s students in computer science, mathematics, physics, electrical engineering and related fields to apply. It seeks candidates with qualifications including “brilliant problem-solving abilities, a strong background in data structures, algorithms and object-oriented programming, preferably in C++ or Java,” as well as strong communications skills and the ability to manage multiple tasks in a fast-paced environment.