(Junior) Quant Developer - Market Making (m/f/x)

Full-time

Company Description

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.

Founded in 2014, Scalable Capital now employs over 700 people across Munich, Berlin, Vienna, Milan, and London. Together with the founding and management team, including Erik Podzuweit and Florian Prucker, they are working on a new generation of financial services.

Visit our 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 (English).

Job Description

In this role, you will design, build, and fully automate hedging strategies for market making. You’ll take algorithmic models from research to production - reacting to real-time market moves - at a scale that moves millions in assets. The work spans risk and cost optimization in a modern tech stack using cost‑efficient burst computations.

Develop hands-on in Python alongside a highly motivated team of quant developers and software engineers, driving transformative changes in the financial industry

Get to work on cutting edge technology and be part of modern software development practices ( agile and self-sufficient teams, continuous integration and deployment, test automation, cloud-based infrastructure and tooling)

Implement trading algorithms based on large datasets that enhance quoting and execution strategies, and adapt to changing market conditions

Understand and apply risk management practices and ensure regulatory compliance

Never implement any of the above in spreadsheet tools

Qualifications

Excellent university degree in computer science, mathematics, natural sciences, or a similar field

Knowledge in econometrics with an emphasis on portfolio optimization and risk modelling

Passion for the global financial markets

Experience with convex optimization, exposure to libraries like cvxpy, scipy or cvxopt

Strong problem-solving skills and a passion for Python

Knowledge of Rust is a strong plus 

Interest in our tech stack: Docker, CI/CD pipelines, serverless architecture, Infrastructure as Code (Terraform), relational databases / SQL

Experience with cloud providers like AWS

Excellent communication skills that are clear, concise, and targeted towards your audience

Fluent English language skills (written & spoken)

Proactive and independent working style, good time management, fair play

We would be happy if you write to us in the "message to the Hiring Manager" section about what excites you about the role and why you think you would be a great fit! Applications without such motivation will not be considered.

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

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 

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

Job Location

Google Maps requires functional cookies to be enabled