ETF Trader

About Tower Research Capital

Established in 1998, Tower Research Capital is a premier quantitative trading firm recognized for a high-performance platform and independent trading teams. With a 25+ years legacy of innovative market solutions, Tower boasts some of the top systematic trading and engineering talents globally. The firm encourages portfolio managers to autonomously build their teams and strategies, backed by a strong global infrastructure.

Engineers at Tower excel in developing cutting-edge electronic trading technology, tackling challenges in low-latency programming, FPGA technology, hardware acceleration, and machine learning, ensuring superior scalability and performance.

The Business Support teams are crucial in maintaining the platform's comprehensive operations including market access, data, computing, risk management, compliance, and business services, collectively enabling trading and engineering teams to excel. Tower promotes a stimulating and outcome-driven environment where motivated professionals inspire one another to reach full potential.

Key Responsibilities

• Execute pricing and trading of leveraged and unleveraged ETFs in the Japanese and Hong Kong markets.
• Continuously monitor ETF fair value, tracking deviations, and identify arbitrage opportunities across both primary and secondary markets.
• Create and maintain performance, risk, and operational health reports, dashboards, and monitoring tools.
• Oversee ETF lifecycle events such as index rebalances, corporate actions, and dividend adjustments.
• Work collaboratively with quantitative researchers to enhance and scale trading strategies.
• Analyze market structures, liquidity patterns, and exchange-specific characteristics to optimize trade execution quality.

Required Qualifications

• Possess a bachelor’s, master’s or PhD degree in quantitative or technical fields like Mathematics, Statistics, Computer Science, or Engineering.
• Minimum of 5 years of direct experience managing Japan ETF flows.
• In-depth knowledge of ETF operations including primary and secondary market interactions, creation and redemption mechanisms, and arbitrage processes.
• Familiarity with index methodologies (including rebalancing and constituent adjustments) and corporate actions such as dividends and stock splits.
• Comprehensive understanding of market microstructure and trading intricacies throughout APAC regions.
• Self-driven with strong ownership and accountability to operate independently.
• Highly motivated, inquisitive, and able to quickly adapt in a dynamic environment.
• Excellent communication skills for effective collaboration with traders, quantitative analysts, and engineers.
• Proficiency in scripting and programming languages including Python, SQL, and Bash.

Preferred Skills

• Business-level proficiency in Japanese language is advantageous.

Employee Benefits

• Generous paid leave policies.
• Access to savings plans and financial wellness tools tailored to each region.
• Opportunities for hybrid work arrangements.
• Complimentary breakfast, lunch, and snacks provided daily.
• In-office wellness programs and reimbursements for select fitness activities like gym and personal training.
• Participation in company-sponsored sports teams and athletic events (e.g., JPM Corporate Challenge, Cycle for Survival).
• Engagement in volunteer work and charitable initiatives.
• Regular social gatherings, happy hours, and celebrations.
• Continuous learning and professional development workshops.

Work Culture

Tower fosters a collaborative, ego-free, and welcoming work culture that respects diversity and values both performance and enjoyment. The company operates with minimal hierarchy and encourages great ideas and teamwork.

Equal Opportunity

Tower Research Capital operates as an equal opportunity employer committed to inclusive hiring practices.