Senior Associate, Trade Operations

About Tower Research Capital

Tower Research Capital is renowned for assembling some of the world's finest systematic trading and technology experts. It empowers portfolio managers to autonomously develop their teams and strategies while benefiting from the scale of a global firm. Tower's engineers specialize in cutting-edge areas such as low-latency programming, FPGA technology, hardware acceleration, and machine learning. The company's continued commitment to top-tier talent and technology ensures exceptional functionality, scalability, and performance of its electronic trading platform.

Business Support teams are vital to sustaining the infrastructure that supports Tower's operations, integrating market access, data, computing resources, risk management, compliance, and comprehensive business services to optimize performance for trading and engineering units. Employees thrive in an inspiring, achievement-focused environment where collaboration and motivation fuel success.

Key Responsibilities

• Manage daily settlement deliveries with clearing corporations for the Indian equities market.
• Generate and submit delivery instructions via depository portals such as NSDL and CDSL.
• Ensure strict adherence to all applicable regulatory compliance requirements.
• Support clearing and settlement workflows across multiple asset categories within Indian markets.
• Coordinate with exchanges and external service providers for issue resolution and process improvements.
• Take ownership of stakeholder inquiries and ensure their timely follow-up and resolution.

Qualifications and Requirements

• Degree in Finance, Economics, or a related discipline, with direct exposure to Indian financial markets.
• Between 5 and 8 years' experience in clearing and settlement operations at brokerage firms, servicing multiple clients.
• Eager to acquire new knowledge and skills.
• Strong analytical capabilities coupled with excellent communication skills.
• Advanced proficiency in Microsoft Excel, including functions like Look-ups, Pivot Tables, and Conditional Statements.

Benefits and Work Culture

Headquartered in the historic Equitable Building in New York City’s Financial District, Tower's reach spans globally through numerous offices.

The company promotes a stimulating yet enjoyable work atmosphere where intelligence and motivation flourish without ego. The open-plan office layout, casual dress code, and stocked kitchens embody the friendly and collaborative spirit. Employees benefit from:

• Generous paid leave policies.
• Financial wellness programs tailored to each region including savings plans.
• Opportunities for hybrid working arrangements.
• Complimentary breakfast, lunch, and snacks daily.
• Wellness initiatives including in-office experiences and reimbursement for activities like gym memberships and personal training.
• Company-sponsored sports and fitness events.
• Volunteer and charitable participation options.
• Regular social gatherings, happy hours, and celebrations.
• Workshops and ongoing learning possibilities.

Tower fosters a diverse, inclusive culture that values performance and enjoyment equally, with a flat hierarchy and mutual respect among colleagues.

Equal Employment Opportunity

Tower Research Capital is committed to equal opportunity employment for all candidates.