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

Scalable Capital GmbH; München; On-site; EUR 45,000 - 65,000; Full time

Benefits offered by this job

International relocation support

Flexible working from home

Monthly contribution for 'Deutschland Jobticket'

Free German language classes

Job summary

Scalable Capital GmbH in Munich is looking for a (Junior) Quantitative Trader (Market Making). The role involves collaborating with traders to deepen understanding of market dynamics and enhance trading strategies.

Candidates should have strong programming skills and a degree in relevant fields. The position offers a dynamic fast-paced environment, comprehensive benefits, and the chance to be part of a leading fintech startup in Europe.

Qualifications

• Initial internship experience in finance or banking.
• Proficiency in multiple programming languages.
• Experience using data analysis tools.

Responsibilities

• Immerse yourself in equity trading and market-making.
• Collaborate with seasoned traders and engineers.
• Design and implement trading algorithms.

Skills

Python

C++

C#

Rust

SQL

Data analysis tools (e.g., Streamlit)

Version control (Git)

Market dynamics understanding

Education

University degree in Finance, Mathematics, Statistics, or Computer Science

Tools

Pandas

NumPy

SciPy

Seaborn

scikit-learn

Docker

Job description

(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.

Visit our finance blog or check out our Social Media channels to find out what our Expert Teams have to say.

Our Company Values guide us every day in how we work and collaborate. To learn more about them, you can find our values here (English).

• Full‑time

Responsibilities

• Immerse yourself in the fast‑paced environment of equity trading on Scalable Capital's market‑making desk.
• Collaborate with seasoned traders and quantitative financial engineers to deepen 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, adapting to changing market conditions and ensuring high code quality through version control and automated testing.
• 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

• Initial internship experience in finance or banking, ideally in investment banking or a fintech company.
• Proficiency in programming languages such as Python, C++, C#, Rust, and SQL.
• Experience using data analysis tools (e.g., Streamlit, Google Tesseract/OCR) and libraries (e.g., Pandas, NumPy, SciPy, Seaborn, scikit‑learn).
• Practical experience with version control systems (e.g., Git/GitHub) and modern software‑engineering practices (CI/CD, Docker).
• Strong interest and practical experience in financial markets, trading, and investment strategies.
• Solid understanding of market microstructure, limit order books, and trading protocols (e.g., FIX) is a strong plus.
• University degree in Finance, Mathematics, Statistics, Computer Science, or a related field.
• 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).
• Demonstrated interest in financial markets, trading, and investment strategies.
• Ability to deliver under pressure with excellent analytical skills in a fast‑paced environment.
• Collaborative problem‑solver with attention to detail and strong communication and teamwork skills.

Benefits

• Be part of one of the fastest‑growing and most visible fintech startups in Europe.
• 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 neighbourhoods 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 in‑house knowledge‑sharing or career development sessions and spending your individual Education Budget.
• Learn and experience German culture firsthand by joining our free German language classes.
• International relocation support is provided if required.
• Opportunity to work from abroad.
• Benefit from an attractive compensation package and the company pension scheme.
• Monthly contribution of 50% for the ‘Deutschland Jobticket’.
• No order commissions and a complimentary subscription to Scalable Capital's PRIME+ Broker.
• Enjoy flexible and discounted sports activities with Urban Sports Club.