(Junior) Quantitative Trader (Market Making) (m/f/x)

Scalable Capital is a leading digital investment and banking platform with a full banking licence, empowering people across Europe to shape their own finances. Scalable Broker makes it easy and affordable for clients to invest professionally in stocks, ETFs, cryptocurrencies, and derivatives, as well as set up savings plans. Scalable Wealth, the digital wealth management service, offers clients professional investment in ETF portfolios, and is also adopted as a white-label solution by banks and other B2B partners. The company’s offerings are rounded off by attractive interest rates, loans, and private equity. With the European Investor Exchange, Scalable Capital offers an exchange specifically for retail investors. Over one million clients have already entrusted more than €30 billion to the platform.

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Job Description

• As a (Junior) Quantitative Trader, you will immerse yourself in the fast-paced environment of equity trading on Scalable Capital's market making desk.
• You will collaborate with seasoned traders and (quantitative) financial engineers, deepening your understanding of market dynamics, algorithmic trading strategies, and risk management.
• Become a market maker for equities, ETFs (equity and fixed income), and other ETPs, providing liquidity and facilitating efficient trading on the European Investor Exchange (EIX)
• Design, backtest and implement trading algorithms to enhance quoting and execution strategies, and adapt to changing market conditions, ensuring high code quality through version control and automated testing
• Analyze market data, large datasets, leveraging time-series databases for efficient research
• Leverage your programming skills to automate data processing, handle real-time data streams, and enhance data visualization
• Support the development and optimization of trading systems, enhancing efficiency, robustness, and scalable deployment
• Assist in optimizing treasury and liquidity management to ensure effective cash flow, funding strategies, and risk mitigation
• Understand and apply risk management practices and ensure regulatory compliance
• Work closely with quantitative engineers, developers, and seasoned traders

Qualifications

• It is advantageous if you have gained initial internship experience in finance or banking, ideally in investment banking or at a fintech company.
• You demonstrate proficiency in programming languages such as Python, C++, C#, Rust and SQL, and have experience using data analysis tools (such as Streamlit or Google Tesseract/OCR) and libraries (such as Pandas, NumPy, Scipy, Seaborn, scikit-learn).
• Additionally, you have practical experience with version control systems (e.g., Git/GitHub) and modern software engineering practices (CI/CD, Docker).
• It is advantageous if you not only have a strong interest in financial markets, trading, and investment strategies, but also practical experience.
• A solid understanding of market microstructure, limit order books, and trading protocols (such as FIX) is a strong plus.
• University degree, preferably in Finance, Mathematics, Statistics, Computer Science, or related
• Familiarity with time-series databases (e.g., InfluxDB, kdb+/q) and streaming technologies (e.g., Apache Kafka) is highly beneficial
• Proficiency in Microsoft Excel (or Google Sheets)
• Demonstrable interest in financial markets, trading, and investment strategies
• Ability to deliver under pressure with excellent analytical skills in a fast-paced environment
• A collaborative problem-solver with attention to detail, along with strong communication and teamwork skills
• Fluent in English

Additional Information

• Be part of one of the fastest-growing and most visible Fintech startups in Europe, creating innovative services that have a substantial impact on the lives of our customers
• Work with an international, diverse, inclusive, and ever-growing team that loves creating the best products for our clients
• Work from our centrally located offices in the heart of Munich or Berlin, nestled in lively neighborhoods filled with vibrant restaurants, cozy cafés, and a wide range of convenient amenities
• Be productive with the latest hardware and tools
• Learn and grow by joining our in-house knowledge sharing or career development sessions and spending your individual Education Budget
• Learn and experience German culture first hand by joining our free German language classes
• International relocation support is provided if required
• Flexible vacation policy and the opportunity to work from abroad
• Benefit from an attractive compensation package and from the company pension scheme
• Monthly contribution of 50% for the ‘Deutschland Jobticket’
• Say goodbye to order commissions and say hello to your complimentary subscription of Scalable Capital's PRIME+ Broker
• Enjoy flexible and discounted sports activities with Urban Sports Club