Analyst, 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.

We are seeking a Benefits Analyst to join our Human Resource Department as a member of the Payroll/Benefit team.

Responsibilities

• Leading the enrollment and administration of employee benefit plans
• Managing the benefits email inbox, providing excellent customer service when addressing employee queries in a timely manner
• Conducting bi-weekly new hire benefits orientation 
• Leading the annual enrollment process, including health fair and communications
• Helping with the development and execution of a robust wellness benefits program
• Managing the full leave of absence cycle
• Maintaining benefits material on Workday, and helping with employee communications
• Ensuring compliance with federal and state laws and regulations such as ERISA, FMLA, COBRA, ADA, etc., including conducting required DOL/IRS  audits
• Assisting in the preparation and data validation for annual filings
• Liaising with vendors, and partners to facilitate benefits administration as well as resolving employee benefit matters
• Preparing monthly benefits reports for 3rd party insurers, and auditing/processing monthly invoices (HSA, FSA and transit plans, etc.)
• Reviewing weekly benefits carrier connections, including conducting audits to ensure accuracy of participant enrollments with vendors and investigating any errors
• Preparing and distributing COBRA documents, departure memos, and other time sensitive benefits notices
• Supporting the regional Payroll/Benefits team and participate in cross-training as part of the disaster recovery plan

Qualifications

• At least 3 years of HR experience in Benefits
• Experience with HR systems (ADP & Workday), a plus
• Strong PC skills - Google (including Word, Excel, Google Mail, Google Calendar, PowerPoint) 
• Knowledge of pivot tables, V Look Up, formulas a plus
• Strong analytical and research skills; well organized, and a self-starter
• Strong customer service and presentation skills
• Excellent oral and written communication skills
• Excellent time management
• Payroll experience is a plus 

Anticipated annual base salary range $70,000-$90,000, 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.