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.

Responsibilities

  • 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

Qualifications

  • 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

Benefits

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.