At a Glance
- Tasks: Dive into cutting-edge execution research and analyse market patterns.
- Company: Join Tower Research Capital, a leading quantitative trading firm with a collaborative culture.
- Benefits: Enjoy generous paid time off, hybrid work options, and free meals daily.
- Other info: Experience a friendly, ego-free environment with great opportunities for growth.
- Why this job: Make an impact in the world of quantitative trading while learning from top talent.
- Qualifications: Pursuing a PhD in a quantitative field with strong programming skills.
The predicted salary is between 22500 - 27500 £ per year.
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.
As an intern on our Central Execution Desk you will be working on cutting edge execution research, modeling, and execution performance evaluation.
Responsibilities
- Exploring execution and trading ideas by analysing market microstructure for patterns in liquidity, trading costs, and execution outcomes.
- Building tools, simulations, and analytics to support trading and execution decisions
- Contributing to research libraries and production workflows for execution analysis
- Designing and evaluating models; performing causal analysis
- Working with large, noisy datasets and building robust data-processing and model-calibration pipelines
Qualifications
- A current student from a top-tier university pursuing a Ph D in Mathematics, Statistics, Computer Science, Financial Engineering, Physics, Operations Research, Economics, or an equivalent quantitative discipline
- A strong grounding in mathematics, statistics, optimization, and machine learning
- In depth data-mining and analysis skills
- Strong programming skills in one or more of Python, C++ and Rust
- An interest in in market microstructure, optimal execution, causal inference, and quantitative trading
- Familiarity with large financial, tick, or order-book datasets, market microstructure, transaction cost analysis, market impact, simulation, or optimal execution is a plus but not required
- Internship can start on a timeline convenient to you, preferably within 6 months preferred
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.
- 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.
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Quantitative Research Internship - 6 Months, Central Execution Research employer: Tower Research Capital
Tower Research Capital is an exceptional employer, offering a stimulating and collaborative work environment in the heart of London. With a strong focus on employee growth, we provide continuous learning opportunities, generous benefits, and a culture that values innovation and teamwork. Our commitment to fostering a friendly atmosphere ensures that every team member can thrive while contributing to our cutting-edge trading solutions.
StudySmarter Expert Advice🤫
We think this is how you could land Quantitative Research Internship - 6 Months, Central Execution Research
✨Join Data-Science Meetups
Get yourself along to local data-science meetups or workshops. They're goldmines for networking, and you'll learn from industry pros who might just point you in the direction of internships. Plus, discussing the latest trends with like-minded individuals can really amp up your game.
✨Utilise University Career Services
Check in with your uni's career services since they often have connections with companies looking for interns. They might even organise information sessions with firms, which can be a great chance for you to learn more about potential internships and make some key contacts.
✨Show Off Your Stuff on GitHub
If you're into data science, having a GitHub profile with your projects is essential. Make sure your portfolio is public and showcases your best work! Recruiters love to see your coding skills and problem-solving approach, and it’s a brilliant way to stand out.
✨Apply Directly on Our Website
Don’t forget to check out the internships listed on our site! It's always a good idea to apply directly through our website because it makes your application easier for our team to find, and you might just catch the hiring manager’s eye by showcasing exactly what you're passionate about in data science.
We think you need these skills to ace Quantitative Research Internship - 6 Months, Central Execution Research
Some tips for your application 🫡
Show Off Your Technical Skills:For a data science internship, we want to see those analytical skills shine! List your programming languages, like Python or R, and make sure to highlight any relevant projects or courses you've completed. If you've dabbled with tools like Pandas, NumPy, or machine learning algorithms, don’t hold back – include those in your CV!
Share Your Curiosity in Your Cover Letter:As an intern, your motivation and eagerness to learn are key! In your cover letter, talk about specific data science concepts that excite you and how this internship at Tower Research Capital will help you grow. Share what you hope to achieve and how you plan to tackle real-world data problems - we love enthusiasm!
Include Any Relevant Certifications:If you've earned any certifications, such as from Coursera or DataCamp, make sure to include these in your application. They show us that you're proactive and committed to expanding your data science skillset. This could make a real difference in how we assess your application!
Keep It Relevant and Concise:Remember, as an intern, you don’t need to have decades of experience. Focus on showcasing relevant coursework, personal projects, or even related volunteer work in data science. Keep your CV and cover letter concise but impactful – we appreciate clear and straightforward communication!
How to prepare for a job interview at Tower Research Capital
✨Brush Up on Your Coding Skills
As a data science intern, you might get grilled on your programming skills. Expect to tackle some coding challenges using languages like Python or R. We recommend practising basic algorithms or data manipulation tasks so you can show off your tech skills with confidence.
✨Show Off Your Projects
Prepare to discuss any projects you’ve done, whether in your studies or on your own time. Having a strong portfolio of data analyses or machine learning models will really set you apart. We can use platforms like GitHub to showcase your work to impress Tower Research Capital.
✨Know Your Stats and ML Basics
Brush up on your statistics and machine learning concepts because interviewers love to dig into this! Be ready to explain your understanding of algorithms or how you would approach a given data problem. This will highlight your theoretical background alongside your practical skills.
✨Be Eager to Learn and Adapt
Internships are all about potential and growth. Make sure you convey your eagerness to learn and adapt to new tools or methodologies. Show Tower Research Capital that you’re not just looking for experience, but that you're keen to contribute and grow within the team.
