Contract Administrator

About the job :

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.

About the Role :

We are seeking a detail-oriented and proactive Contract Administrator to support Tower's Procurement team in managing vendor contracts throughout the contract management lifecycle. This role is critical to ensuring the integrity, accuracy, and compliance of all contract records within our Contract Lifecycle Management (CLM) system.

Responsibilities :

Support the Procurement team in organizing vendor contracts and related documentation, ensuring accurate tracking and reporting of key contract data points.

• Set up and manage alerts and notifications within the CLM tool to track contract milestones and key dates.
• Onboard and train new users on the CLM platform, ensuring appropriate access controls and user permissions.
• Monitor contract milestones, renewals, expirations, and compliance requirements while coordinating with senior Procurement staff to ensure timely responses to renewals and new contracts.
• Leverage AI tools and prompting techniques to assist in the extraction and analysis of contract data.
• Prepare reports, summaries, and dashboards to enhance contract visibility and support data-driven decision-making.
• Assist senior administrators in preparing and reviewing contract documents, ensuring they meet company standards and legal requirements
• Monitoring and tuning database performance to ensure efficiency and responsiveness
• Implementing security protocols, managing access, and ensuring data compliance with regulations.
• Act as the first point of contact for the CLM tool regarding troubleshooting and maintenance
• Identify and recommend process improvements in the administration and automation of the contract lifecycle.
• Assist in development of Contract Management standard operating procedures and help maintain the procedures are kept up to date

Qualifications :

Bachelor's degree from a recognized institution, with 2-6 years of relevant experience in contract administration or procurement operations.

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 :

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.

Skills Required

Oracle, Security Protocols