Risk Manager, Cryptocurrencies

Job Description

Tower Research Capital, a high-frequency proprietary trading firm founded in 1998, seeks a Risk Manager with a strong background in cryptocurrency trading to join our Risk and Trading Supervision team.


  • Providing risk oversight for the Cryptocurrency trading activities of the firm by focusing on electronic trading risk, operational risk and market risk
  • Controlling in real-time both electronic trading risk and market risk of strategies, and consequently escalating, reporting, and resolving any risk related issues in a timely manner
  • Working closely with the Portfolio Managers, Traders, Core Engineering team, and cryptocurrency venues to respond effectively to any risk limit violation and resolving any trading related issues
  • Assisting Risk Management and Risk Technology teams to enhance the proprietary risk systems and design next generation risk management and trade supervision tools
  • Conducting ad-hoc risk analysis and back-testing on a regular basis
  • Interacting continuously with the global Risk team
  • Participating and representing the Risk department in various internal and external meetings
  • Collaborating effectively with various departments and providing risk support and advisory as appropriate


  • Solid experience in cryptocurrency trading, risk management, or operations
  • Electronic trading risk experience in a cryptocurrency proprietary trading group or hedge fund manager would be advantageous
  • Broad knowledge of cryptocurrencies is mandatory
  • Understanding of regional regulations and venue-specific rules
  • Desire to continuously learn and proactively challenge the status quo to improve existing processes
  • Solid track record of working with senior management, Compliance, Business Management and technology teams
  • Excellent written and verbal communication skills
  • Strong problem-solving skills and attention to detail
  • A bachelor’s degree in sciences, with quantitative master’s highly regarded


Tower’s dual offices and garden roofdecks are located in TriBeCa and SoHo, neighborhoods in downtown Manhattan. 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.