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

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

Full-time

Scalable Capital is a leading digital investment platform in Europe. The company empowers everyone to shape their financial future. Scalable Broker makes it easy and affordable for clients to invest professionally in stocks, ETFs, and other exchange-traded products, and to 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 renowned B2B partners. With the European Investor Exchange (EIX), Scalable Capital offers a stock exchange for retail investors in Europe. Over 27 billion euro is held on the platform by more than one million clients. Founded in 2014, the company employs more than 500 people across Munich, Berlin, Vienna, and London. Together with the founding and management team around Erik Podzuweit and Florian Prucker, they are working on a new generation of financial services.

Visit our finance blog or check out our social media channels to learn what our expert teams have to say.

Our company values guide us daily in how we work and collaborate. To learn more about them, visit our values page (English).

Position: Junior Trader on the Equity Market Making Desk

In this role, you will immerse yourself in the fast-paced environment of equity trading, gaining valuable experience and insights. You will collaborate with seasoned traders and quantitative analysts, deepening your understanding of market dynamics, trading strategies, and risk management.

Responsibilities:

1. Become a market maker for equities, ETFs (equity and fixed income), and other ETPs, providing liquidity and facilitating efficient trading.
2. Collaborate with senior traders to prepare detailed reports and presentations on trading performance.
3. Support the development and optimization of trading systems to enhance efficiency and effectiveness.
4. Design, refine, and implement trading algorithms to improve execution strategies and adapt to market conditions.
5. Maintain and update trading systems and databases for accuracy and reliability.
6. Monitor and analyze market trends, price movements, and trading volumes to inform decisions.
7. Understand and apply risk management practices and ensure compliance within trading operations.
8. Leverage programming skills in Python to automate data processing, enhance visualization, and streamline workflows.
9. Assist in optimizing liquidity management and treasury operations to ensure effective cash flow, funding strategies, and risk mitigation.

Minimum Qualifications:

• Bachelor's or Master's degree in Finance, Economics, Mathematics, Computer Science, or a related field.
• Proficiency in Python, including data manipulation with Pandas, NumPy, and Tkinter.
• Experience with Microsoft Excel or Google Sheets, including functions, charts, and pivot tables.
• Strong interest in financial markets, trading concepts, and investment strategies.
• Basic understanding of risk management and compliance regulations (advantageous).
• Solid analytical skills to evaluate data and identify trends.
• Strong attention to detail in data handling and reporting.
• Ability to work collaboratively in a team and support senior traders.
• Excellent verbal and written communication skills in English (German is a plus).

What We Offer:

• Be part of one of Europe's fastest-growing Fintech startups, creating impactful innovative services.
• Work with an international, diverse, and inclusive team passionate about creating the best products.
• Work from centrally located offices in Munich or Berlin, in vibrant neighborhoods.
• Access to the latest hardware and tools for productivity.
• Opportunities for learning and growth through knowledge sharing sessions and an Education Budget.
• German language classes and (international) relocation support.
• Flexible vacation policy and options to work abroad.
• Attractive compensation and company pension scheme.
• Monthly contribution of 25% for the ‘Deutschland Jobticket’.
• Complimentary PRIME+ Broker subscription and no order commissions.