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 AI Operations Manager within our Core AI and Machine Learning Group, you will be responsible for governing, tracking, and increasing the overall financial effectiveness of the AI platforms, LLMs (internal and external), and AI software used at Tower Research Capital. This role will focus on cost management, cross-platform attribution, and optimization, and in it, you will be responsible for internal token management, attribution, consolidation, reporting, controls, and governance.
Key Responsibilities
- Define and manage the firm’s token management, cost attribution, chargeback process; design and implement robust tracking and tagging, across AI usage and tools and all AI platforms and tools.
- Design and implement robust AI cost strategies and governance policies that align with business objectives, including identifying key market trends in token-based pricing and managing project level costs and token budgets
- Develop comprehensive financial reports to track AI spend, communicating cost trends, optimization opportunities, and usage metrics directly to senior stakeholders across Trading and Engineering
- Engage with internal stakeholders to define and support existing cost-efficiency use cases, ensuring that AI tools are utilized without unnecessary financial leakage
- Work with global AI platforms, providers, and enterprise software vendors to review and negotiate contracts including commercials, usage-based pricing, and committed-use discounts along with our Enterprise and Procurement teams.
- Monitor the inbound flow of AI consumption across internal and external LLMs to identify and remediate inefficient usage patterns; lead "Model Routing" and prompt-optimization strategies to reduce cost-per-inference
- Work with all the Regional Support Team to ensure proper L1-Support for all the AI related tools
- Be the escalation point for any major incident on these AI related tools
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.
Responsibilities
- Monitoring the team’s strategies during market hours, which will involve working closely with the team's traders and with Tower’s Infrastructure and Systems teams
- Operating existing trading strategies.
- Troubleshooting production issues.
- Posting trade analysis on production logs
- Contributing to the design and implementation of applications to enhance reliability and self-correction
- Working with traders to identify new trading opportunities
Qualifications
- A bachelor’s degree in computer science or related field
- Basic knowledge of Linux and shell command-line tools is a must
- Familiarity with programming languages (C/C++ and Python )
- The ability to notice, analyze, and debug problems quickly and effectively
- Strong communication skills
- Experience with trading and the financial markets
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.
Our benefits include:
- 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.
Tower Research Capital