{"id":165947,"url":"https://alion.io/job/tower-research-capital-quantitative-researcher-central-execution-desk","title":"Quantitative Researcher, Central Execution Desk","company":{"id":58857,"name":"Tower Research Capital","domain":"tower-research.com","url":"https://alion.io/company/tower-research-capital","size_band":"501-1000","is_staffing_agency":false,"employer_type":"direct","is_intermediary":false,"listed_via":null,"ats_vendor":"Greenhouse","truth_index":{"grade":"B","score":79,"open_postings":31,"ghost_share":0,"stale_share":0.645,"repost_share":0,"time_to_fill_p50_days":90,"computed_at":"2026-11-03T05:54:40Z"}},"role":"Data Science","role_family":"Data Science","seniority":"junior","employment_type":null,"work_mode":"hybrid","remote_scope":null,"remote_scope_basis":null,"remote_working_hours":null,"hiring_geo_confidence":"structured","locations":["New York, United States"],"countries":["US"],"hiring_countries":[],"hiring_countries_total":0,"salary":{"min":120000,"max":200000,"currency":"USD","period":"year","gross":null,"usd_annual":200000},"salary_estimate":null,"experience_years_min":2,"visa_sponsorship":false,"relocation_package":false,"has_equity":false,"technologies":[{"name":"A/B Testing","optional":false},{"name":"C++","optional":false},{"name":"Machine Learning","optional":false},{"name":"Python","optional":false},{"name":"Rust","optional":false},{"name":"Time Series","optional":false}],"status":"live","first_seen_at":"2026-08-04T12:34:27Z","employer_posted_date":"2026-08-04","last_verified_at":"2026-11-03T02:18:08Z","board_verified":true,"closed_at":null,"days_open":90,"trust":{"level":"ok","repost_count":null,"flags":[],"days_open":90},"description":"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.\nTower 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. \nEngineers 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.\nAt 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.\nAt Tower, employees will find a stimulating, results-oriented environment where highly intelligent and motivated colleagues inspire each other to reach their greatest potential.\nThe Central Execution Desk is looking for a Quantitative Researcher to build models, analytics, and decision systems that improve execution quality across global trading teams. The role sits at the intersection of market impact research, transaction cost analysis, causal inference, experiment design, optimization, and execution strategy.\nThe researcher will work on understanding and improving how orders are routed, scheduled, evaluated, and optimized across brokers, algorithms, venues, markets, and trading teams. The work will combine rigorous quantitative research with practical execution-desk decision support, including market impact modeling, slippage analysis, causal inference, algo selection, broker evaluation, venue toxicity, A/B testing, and optimization under execution risk.\nResponsibilities\nResearching market impact, execution cost, slippage, fill quality, etc. across global markets\nBuilding models to explain and predict execution outcomes\nDesigning and analyzing A/B experiments to identify real execution improvements\nWorking on causal inference methods \nDeveloping optimization models for various execution objectives\nSupporting research into centralized inventory, liquidity, risk-transfer, and crossing-style analytics to improve portfolio-level execution outcomes\nContributing to research on execution algorithms\nBuilding research tools, simulations, dashboards, and reports that help traders and PMs make better execution decisions\nPartnering with traders, PMs, quant developers, and engineers to turn research prototypes into robust production analytics.\nQualifications\nA Masters or Bachelors from a top-tier university in mathematics, statistics, computer science, financial engineering, physics, operations research, or a related quantitative field. PhD preferred\nAt least 2-5 years of quantitative research experience, ideally in execution research, market microstructure, or financial data modeling\nStrong knowledge of statistics, time-series analysis, experiment design, optimization, machine learning, and financial markets\nExperience working with large financial datasets\nStrong Python skills for research, data analysis, modeling, and simulation. C++/Rust experience is a plus but not required\nFamiliarity with convex optimization, causal inference, market impact models, stochastic control is a plus\nGood understanding of market microstructure\nAbility to write clear research notes and explain quantitative results to traders, PMs, and engineers. Prior academic publications or comparable research writing are a plus\nAnticipated annual base salary range $120,000 - $200,000, plus eligible for discretionary bonus.\nBenefits\nTower’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. \nAt Tower, we believe work should be both challenging and enjoyable. That is why we foster a culture where smart, driven people thrive - 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.\nOur benefits include:\nGenerous paid time off policies\nSavings plans and other financial wellness tools available in each region\nHybrid working opportunities\nFree breakfast, lunch, and snacks daily \nIn-office wellness experiences and reimbursement for select wellness expenses (e.g., gym, personal training and more) \nCompany-sponsored sports teams and fitness events (JPM Corporate Challenge, Cycle for Survival, Wall Street Rides FAR and more)\nVolunteer opportunities and charitable giving \nSocial events, happy hours, treats, and celebrations throughout the year\nWorkshops and continuous learning opportunities\nAt 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.\nTower Research Capital is an equal opportunity employer.","description_format":"text","description_chars":5585,"description_truncated":false,"requirements":{"experience_years_min":2,"management_years_min":null,"team_size_min":null,"manages_managers":false,"education":{"level":"bachelor","optional":false},"security_clearance":false,"languages":[]},"benefits":["Continuous learning","Hybrid work"],"hiring_locations":[{"name":"United States","iso":"US","kind":"country"}],"hiring_excludes":[],"relocation_offered":false,"industries":["Hedge Funds & Alternative Investments"],"lifecycle":[{"event":"open","at":"2026-08-04T12:34:27Z"}],"visa":[{"country":"US","licensed_sponsor":true,"evidence":"H-1B filings in 12 months: 54 · green card filings: 12","filings_12m":54,"filings_prev_12m":27,"green_card_filings_12m":12,"median_offered_wage_usd":147045,"route":null,"cap_exempt":false,"checked_at":"2026-10-29T16:27:21+00:00","sources":["US Department of Labor: LCA disclosure data (H-1B, H-1B1, E-3)","US Department of Labor: PERM disclosure data (green cards)"],"filings_for_role_12m":2}],"liveness":{"score":25,"band":"fade","label":"Fading","p_open":1,"p_active":0.558,"p_room":0.44,"age_days":90,"expected_fill_days":90,"reasons":["conf:3","stale_co","velocity","win:tail","crowd:junior"],"computed_at":"2026-11-03T05:54:40Z"},"pay":{"stated_usd_annual":200000,"is_top_pay":true},"html_url":"https://alion.io/job/tower-research-capital-quantitative-researcher-central-execution-desk","json_url":"https://alion.io/job/tower-research-capital-quantitative-researcher-central-execution-desk.json","meta":{"generated_at":"2026-11-03T06:13:15Z","cache_seconds":300,"methodology":"https://alion.io/methodology","terms":"https://alion.io/terms","contact":"https://alion.io/contact","api":"https://alion.io/developers","about":"Alion is a live layer of people, companies and AI agents: who they are, whether they are real and active right now, what they do and how to work with them, readable by people and by agents and paid per call.","catalog":"https://alion.io/catalog.json","usage":{"tier":"crawler_verified","counted_by":"address","units_charged":1,"used_today":8579,"day_limit":null,"remaining_today":null,"minute_limit":300,"resets_at":"2026-11-04T00:00:00Z"}},"offers":[{"id":"company.slices","title":"One company in depth, by slice","status":"live","price":{"credits":0.02,"usd":0.002,"plus_per_slice":{"credits":0.05,"usd":0.005}},"unit":"per company, plus each slice with data","note":"the employer in depth","call":{"mcp_tool":"get_company","arguments":{"id":58857},"rest":"https://alion.io/mcp/rest/get_company?id=58857"},"human":"https://alion.io/catalog?offer=company.slices&for=job%2Ftower-research-capital-quantitative-researcher-central-execution-desk"},{"id":"market.stats","title":"A market slice: pay, demand and time to fill","status":"live","price":{"credits":1,"usd":0.1},"unit":"per slice","note":"pay, demand and time to fill for this role and place","call":{"mcp_tool":"market_stats"},"human":"https://alion.io/catalog?offer=market.stats&for=job%2Ftower-research-capital-quantitative-researcher-central-execution-desk"},{"id":"job.search","title":"Open jobs by role, technology, place, pay and visa","status":"live","price":{"credits":0.02,"usd":0.002},"unit":"per posting in a list","note":"similar open postings","call":{"mcp_tool":"search_jobs"},"human":"https://alion.io/catalog?offer=job.search&for=job%2Ftower-research-capital-quantitative-researcher-central-execution-desk"},{"id":"company.verify","title":"Is this company real and active right now","status":"pilot","price":null,"unit":"per company","request":{"url":"https://alion.io/catalog/request","method":"POST","body":"{\"offer\": \"company.verify\", \"for\": \"job/tower-research-capital-quantitative-researcher-central-execution-desk\", \"note\": \"what you need it for\"}"},"human":"https://alion.io/catalog?offer=company.verify&for=job%2Ftower-research-capital-quantitative-researcher-central-execution-desk"}],"agent":{"mcp":"https://alion.io/mcp/jobs","mcp_open":"https://alion.io/mcp/open","next":[{"tool":"get_job","arguments":{"id":165947}},{"tool":"search_jobs","arguments":{"company":"tower-research.com","detail":"compact"}},{"tool":"match_people","arguments":{"job_id":165947},"note":"people open to offers who fit this vacancy"}],"note":"The same data through MCP tools: https://alion.io/mcp/open needs no sign-in (compact searches, postings, people); https://alion.io/mcp with an Alion account has everything. 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