Manager, Benefits

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

• Manage the Americas & EMEA benefits functions including vendor relationships, annual benefit renewals, enrollment process,employee and management communications
• Lead research and analysis as it relates to benefit plans to assist in negotiations, plan design, offerings and benefits policy development
• Partner with benefit brokers to ensure compliance on regulatory filings and plan documentation
• Work with vendors to develop a wellness strategy to educate and engage employees to be active participants in their health management
• Conduct benefits orientations, seminars, and one-on-one meetings as needed, and train associates on the process
• Review benefits carrier connection uploads and investigate any errors
• Stay knowledgeable on upcoming regulations and trends as it pertains to benefits and tax compliance
• Manage the development and work of the Payroll and Benefits Associates in Americas and EMEA
• Collaborate with HR on streamlining processes as it pertains to onboarding, offboarding, and maintaining the accuracy of data
• Support the Payroll and Benefits team as needed by auditing the completed payroll and participating in quarterly cross-processing as part of the disaster recovery plan
• Prepare monthly benefits reports for 3rd party insurers, and auditing/processing of monthly invoices (Cycle-to-Work, Pension, Meals, etc.)
• Ensure accuracy and maintenance of data through the development and execution of timely audits 
• Manage leave of absences and keep key team members abreast of changes in status
• Carry out initiatives and projects set by stakeholders and the Global HR team

Qualifications

• A bachelor’s degree in a related field, such as Human Resources
• At least 7 years of HR experience in payroll and benefits
• Knowledge of Workday Benefits and HRIS platforms, pro-certifications a plus
• Strong communication skills
• Strong PC skills (MS Office) and knowledge of any well-known payroll and benefits systems
• The ability to learn and understand new software and applications quickly

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.

 

Anticipated annual base salary range $110,000 - $140,000, plus eligible for discretionary bonus.

 

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.