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