Business Development Analyst Intern

New York, New York, United States

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Not SpecifiedCompensation

InternshipExperience Level

InternshipJob Type

UnknownVisa

Finance, Hedge FundsIndustries

Requirements

Candidates should possess a Bachelor's degree in economics or finance, marketing or communication, social sciences, or a similar field, and previous experience as a business development analyst communication role in a related industry is emphasized. They should also have experience in identifying profitable business opportunities and potential trading venues/markets, along with proven ability to increase competitiveness and market share.

Responsibilities

The Business Development Analyst Intern will analyze business operations and strategies to identify new opportunities, research global markets and evaluate new trading opportunities, and implement efficient vendor communication and feedback channels. They will also identify cost reductions to increase net trading revenue, maintain long term relationship and routine communication with business counterparties, explore new trading related products, conduct initial analysis of data/infra-applicability, and maintain close communication with internal research team.

Skills

Business Development

Financial Analysis

Market Research

Contract Negotiation

Vendor Management

Communication

Interpersonal Skills

Data Analysis

Economics

Finance

Marketing

Quantitative Hedge Funds

Tower Research Capital

High-frequency trading and technology solutions

About Tower Research Capital

Tower Research Capital operates in the financial markets by providing high-frequency trading services. The company uses advanced technology and algorithms to execute trades at very high speeds, allowing it to take advantage of small price discrepancies in the market. Its main clients are institutional investors, hedge funds, and other financial entities that need fast and reliable trading solutions. Tower Research Capital's business model focuses on generating profits through proprietary trading strategies and executing a large volume of trades with minimal delay. The company continually invests in research and development to stay ahead of its competitors in the high-frequency trading industry.

New York City, New YorkHeadquarters

1998Year Founded

$60MTotal Funding

VENTURE_UNKNOWNCompany Stage

Quantitative Finance, Financial ServicesIndustries

1,001-5,000Employees

Benefits

5 weeks of paid vacation per year

401(k) with company matching

Free meals and snacks

Reimbursement for health and wellness expenses

Risks

Talent drain to competitors may impact Tower's competitive edge in high-frequency trading.

Increased competition from new trading platforms could challenge Tower's market share.

Diversification into ventures like Sporttrade might divert focus from core trading activities.

Differentiation

Tower Research Capital excels in high-frequency trading with advanced algorithms and technology.

The firm offers rapid and reliable trading solutions for institutional investors and hedge funds.

Tower Research Capital continuously invests in R&D to maintain its competitive edge.

Upsides

Increased focus on AI-driven trading strategies enhances Tower's algorithmic capabilities.

Tower's investment in blockchain technology improves transaction speed and security.

Collaboration with academic institutions boosts algorithm development and innovation.

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