Tower Research Capital

Business Development Analyst Intern

New York, New York, United States

Not SpecifiedCompensation
InternshipExperience Level
InternshipJob Type
UnknownVisa
Finance, Hedge FundsIndustries

Job Summary

The ideal candidate is a motivated, organized, and creative individual with experience in the finance industry or familiarity with quantitative hedge funds.

Employment Details

  • Salary:
  • Location Type: OnSite
  • Employment Type: Intern

Job Responsibilities

  • Analyze business operations and strategies to identify new opportunities.
  • Identify cost reductions to increase net trading revenue.
  • Research global markets and evaluate new trading opportunities.
  • Implement efficient vendor communication and feedback channels.
  • Identify and negotiate business contracts/deals that promote sustained income.
  • Maintain long term relationship and routine communication with business counterparties.
  • Explore new trading related products, conduct initial analysis of data/infra-applicability.
  • Maintain close communication with internal research team.

Qualifications

  • Bachelor's degree in economics or finance, marketing or communication, social sciences or similar.
  • Previous experience as a business development analyst communication emphasized role in a related industry.
  • Experience in identifying profitable business opportunities and potential trading venues/markets.
  • Proven ability to increase competitiveness and market share.
  • Ability to develop and maintain strong vendor relationships.
  • Exceptional interpersonal and communication skills.
  • Strong ability to gather and analyze information, quickly learn new subject areas, and comprehend complex ideas with ease.

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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