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ETF Trader

External
Full-timeOn-site1mo ago
BashComplianceFPGAMachine LearningPythonRisk Management
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Responsibilities

  • Pricing and trading both leveraged and unleveraged ETFs across Japan and Hong Kong
  • Monitoring ETF fair value, tracking errors, and arbitrage opportunities across primary and secondary markets
  • Developing and maintaining reports, dashboards, and monitoring systems to track performance, risk, and operational health
  • Managing ETF lifecycle events including index rebalances, corporate actions, and dividend adjustments
  • Collaborating with quantitative researchers to enhance and scale existing trading strategies
  • Continuously analyzing market structure, liquidity dynamics, and venue-specific nuances to improve execution quality

Requirements

  • A bachelor's, master's, or PhD degree in a quantitative or technical discipline (e.g., Mathematics, Statistics, Computer Science, Engineering, or equivalent)
  • At least 5 years of hands-on experience handling Japan ETF flows
  • Strong understanding of ETF mechanics, including primary/secondary market interactions, creation/redemption processes, and arbitrage dynamics
  • Solid knowledge of index methodologies (e.g., rebalancing, constituent changes) and corporate actions (e.g., dividends, splits)
  • Deep understanding of market microstructure and regional trading nuances across APAC exchanges
  • Demonstrated ability to work independently with a high degree of ownership and accountability
  • Self-motivated, intellectually curious, and capable of quickly learning and adapting in a fast-paced environment
  • Strong communication skills and ability to collaborate effectively with traders, quants, and engineers
  • Experience with scripting and programming languages such as Python, SQL, Bash
  • Business-level Japanese proficiency is preferred

Benefits

Tower's headquarters are in the historic Equitable Building, right in the heart of NYC's Financial District and our impact is global, with over a dozen offices around the world.Our benefits include:Generous paid time off policiesSavings plans and other financial wellness tools available in each regionHybrid working opportunitiesFree breakfast, lunch, and snacks dailyIn-office wellness experiences and reimbursement for select wellness expenses (e.g., gym, personal training and more)Company-sponsored sports teams and fitness events (JPM Corporate Challenge, Cycle for Survival, Wall Street Rides FAR and more)Volunteer opportunities and charitable givingSocial events, happy hours, treats, and celebrations throughout the yearWorkshops and continuous learning opportunitiesAt Tower, you'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 - together.Tower Research Capital is an equal opportunity employer.Health insuranceEquity / stock options

Additional Information

Tower Research Capital is a leading quantitative trading firm founded in 1998. Tower has built its business on a high-performance platform and independent trading teams. We have a 25+ year track record of innovation and a reputation for discovering unique market opportunities. Tower is home to some of the world's best systematic trading and engineering talent. We empower portfolio managers to build their teams and strategies independently while providing the economies of scale that come from a large, global organization. Engineers thrive at Tower while developing electronic trading infrastructure at a world class level. Our engineers solve challenging problems in the realms of low-latency programming, FPGA technology, hardware acceleration and machine learning. Our ongoing investment in top engineering talent and technology ensures our platform remains unmatched in terms of functionality, scalability and performance. At Tower, every employee plays a role in our success. Our Business Support teams are essential to building and maintaining the platform that powers everything we do - combining market access, data, compute, and research infrastructure with risk management, compliance, and a full suite of business services. Our Business Support teams enable our trading and engineering teams to perform at their best. At Tower, employees will find a stimulating, results-oriented environment where highly intelligent and motivated colleagues inspire each other to reach their greatest potential.


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