Responsibilities:

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

Qualifications:

A degree in Finance, Economics, Computer Science, or other related fields
Mastery of financial concepts with direct experience working with global markets
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

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)
Volunteer opportunities and charitable giving
Social events, happy hours, treats and celebrations throughout the year
Workshops and continuous learning opportunities

Senior Associate, Clearing & Operations