Compliance Officer presso Tower Research Capital

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.

Tower Research Capital seeks a Compliance Officer to join our Legal and Compliance team in New York.

Responsibilities

• Providing ongoing compliance advice to Tower’s trading teams and reviewing new product requests
• Assisting in the maintenance of the existing Broker Dealer compliance programs
• Monitoring of regulatory developments and succinctly communicating risks/opportunities to relevant groups in the firm
• Developing and maintaining compliance policies and procedures
• Preparing and providing training for Tower personnel
• Responding to regulatory inquiries and exam requests
• Reviewing of escalated alerting from the firm’s central surveillance function
• Leading compliance initiatives and collaborating on strategic projects, including implementation of compliance programs

Qualifications

• At least 3-6 years of relevant work experience in a regulatory compliance role with a financial services firm
• Working knowledge of electronic trading in a variety of asset classes, including equities, equity options and futures, fixed income, and foreign currency
• Experience interpreting US Broker Dealer regulations and requirements and maintaining compliance within FINRA and SEC regulatory regimes 
• Knowledge of regulatory reporting specifications and processes (e.g. CAT, Trace) and the expertise to apply them to Tower’s lines of business
• Ability to write and review internal policies and Supervisory Procedures
• Proven analytical skills, including the analysis of large amounts of order and trade data whilst maintaining attention to detail
• Ability to work both independently and within a team of employees from multiple departments
• Strong verbal and written communication skills

Anticipated annual base salary range is $110,000-$150,000, plus eligible for discretionary bonus.

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. 

At 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.

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 (JPM Corporate Challenge, Cycle for Survival, Wall Street Rides FAR and more)
• Volunteer opportunities and charitable giving 
• Social events, happy hours, treats, and celebrations throughout the year
• Workshops and continuous learning opportunities

At 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.