Options Overlay Trader

Job Description

Tower Research Capital, a high-frequency proprietary trading firm founded in 1998, seeks an experienced Options Overlay Trader to join one of our fundamental investing trading teams.


  • Working closely with portfolio managers and the team to operate and implement our fundamentally driven trading strategies
  • Monitoring production trading for risk and responding to potential issues or changing market conditions and escalating when necessary
  • Managing risk, reconciling positions, interacting with exchanges and Tower’s broader production tech support teams
  • Developing programming scripts and applications to automate and facilitate our trading processes


  • A bachelor’s degree in computer science, computer engineering or a similar field from a reputable university
  • At least 3 years of experience in a trading role in a capital market environment
  • Experience with Linux OS, Python, and developing Python scripts
  • Good understanding of basic object-oriented programming and good programming practices
  • Excellent problem-solving, mathematical, and quantitative reasoning skills
  • Ability to manage multiple tasks in a fast-paced environment
  • Strong critical thinking and communication skills and adept to a team environment


Tower’s office is located in River North, a neighborhood in central Chicago, just north of the Loop. While we work hard, Tower’s cubicle-free workplace, jeans-clad workforce, and well-stocked kitchens reflect the premium the firm places on quality of life. Benefits include:

  • Competitive salary and performance-based bonuses
  • 401(k) with company matching
  • 5 weeks of paid vacation per year plus 11 paid holidays
  • Free breakfast, lunch, and snacks on a daily basis
  • Reimbursement for health and wellness expenses
  • Free events and workshops
  • Donation matching program

Tower Research Capital is an equal opportunity employer.