Associate - Clearing & Operations
Tower Research Capital India Private Limited
Recruitment Process
Details
Tower Research Capital Pvt Limited is hiring for the role of Associate - Clearing and Operations !
Responsibilities of the Candidate:
- Trading and process monitoring, as well as PNL reporting; ad-hoc exception handling and query management
- Affirmation of trades, minimizing operational risk and maximizing straight through processing
- Reconciling of position, trades, cash, NAV, and fees
- Supporting clearing and settlement processes across multiple asset classes: Equity, Fixed Income, Derivatives, FX, and Commodities
- Investigating breaks raised by trading desks, other departments, and counterparties
- Assisting in automation efforts and process improvements
- Liaising with Prime Brokers and service vendors for troubleshooting and improvements
- Owning and resolving specific inquiries and ensure timely resolution
- Participating in local & global operations, audit, and valuation projects
Requirements:
- A degree in Finance, Economics, Computer Science, or other related fields
- Mastery of financial concepts with direct experience working with global markets
- 1 to 5 years of experience in trade support or post trade operations at a Brokerage, Asset Manager, Investment Bank, or Proprietary Trading Firm
- DevOps experience is beneficial
- Aptitude and desire to learn new things and quickly adapt
- Great analytical and communication skills
- High level MS Excel knowledge is a must: Comfortable with Look-ups, Pivot Tables, and Conditional Statements
- Interest in post trade infrastructure
- Ability to work with large scale data reconciliations is a must
- Python or SQL experience a plus
- A master's in finance or a CFA/Certification in Finance would be an added advantage
Important dates & deadlines?
-
6 Jul'25, 12:00 AM IST Registration Deadline
Additional Information
Job Location(s)
Gurgaon
Experience
Min Experience: 1 Year
Max Experience: 5 Year
Salary
Salary: Not Disclosed
Work Detail
Working Days: 5 Days
Job Type/Timing
Job Type: In Office
Job Timing: Full Time
About Tower Research Capital India Private Limited
Established in 1998 by Mark Gorton, Tower Research Capital is an exchanging and innovation organization that has constructed probably the quickest, most complex electronic exchanging stages the world.
In expansion to Tower, Mark has propelled an assorted heavenly body of organizations and green support associations including LimeWire and OpenPlans. Prior to establishing Tower, Mark filled in as a fixed salary exclusive broker at Credit Suisse First Boston. He started his profession as an architect at Martin Marietta, represent considerable authority in computerized signal preparing and discourse recognition. Mark moved on from Yale University with a B.S. in electrical building and earned an M.S. in electrical designing from Stanford University and an M.B.A. from Harvard Business School.
Key Partners
Tower Research works intimately with various accomplice organizations and associations that help the Company's improvement and arrangement of different exchanging administrations. These organizations can be arranged extensively as:
- Supplier Partners, containing providers of different administrations, instruments, and gear that are used over the whole of the Company's venture and workplaces to help its progressing exchanging exercises;
- Trading Partners, including different trades and exchanging associations that furnish the Company with access to a scope of advantage classes and exchanging settings;
- Communications and Technology Partners, including different innovation specialist co-ops and specialized pros that help the Company and keeping up viable IT and correspondences foundation;
- Vendor and Outsourcing Partners, containing the scope of organizations to which the Company can 0utsource certain non-specialized capacities, permitting its groups to concentrate on the Company's center exercises;
Tower Research is enrolled with a scope of universal trades and exchanging stages, through which it can make exchanges and complete exchanges for its clients.
Cost Structure
Tower Research causes costs according to the improvement of its innovations and calculations, the support and advancement of its IT and interchanges foundation, the activity of its business channels and global system of workplaces, the execution of promoting and publicizing efforts, the administration of its organizations, and the maintenance of its faculty.