Analyst, Compensation

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.

Tower Research Capital LLC seeks a Compensation Analyst. This role is responsible for maintaining the integrity of our employee data and providing compensation and operations support to Tower’s senior HR leaders and business stakeholders. This position will sit within Tower’s HR Operations Team and report to the Global Head of HR Operations.

Responsibilities:

• Compensation Benchmarking and Analysis
• Lead compensation survey data collection and benchmarking initiatives; analyze results and provide actionable insights.
• Provide recommendations for new hire offers, promotions, attrition management and internal mobility decisions.
• Workday Advanced Compensation Management and Process Improvement
• Manage configuration and ongoing administration of the Workday Advanced Compensation module
• Reconcile and validate Workday data with Finance budget information
• Maintain compensation data integrity and record-keeping in Workday
• Compensation Planning & Process Improvement
• Partner with senior management and HR BPs to lead the annual year-end compensation planning processes 
• Create communications to senior stakeholders, including timelines, training guides and process documentation
• Identify and recommend opportunities for improving compensation processes, systems, and reporting; implement solutions to drive efficiency and effectiveness
• Cross-Functional Collaboration & Special Projects
• Lead ad hoc/ongoing reporting and analyses for employee data
• Assist with miscellaneous projects as needed

Qualifications:

• A Bachelor’s degree is required
• At least 4-6 years of experience working in Compensation, including with Workday Advanced Compensation
• Strong organizational, analytical, communication and interpersonal skills
• Advanced skills in Microsoft Excel (comfort with Vlookups and pivot tables; macros a plus)
• Experience working with a global population and coordinating globally
• Embraces change and thrives in a fast-paced, changing environment; flexible
• Ability to multi-task, prioritize, and handle various goals/projects simultaneously

Anticipated annual base salary range $85,000 - $115,000, plus eligible for discretionary bonus.

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.