Quant Developer

Summary

Join Scalable Capital, a leading European digital investment platform, as a Quant Developer. You will play a crucial role in developing and automating trading algorithms, optimizing for risk, cost, and tax efficiency. This involves productionizing models that autonomously react to market changes and client requests across multiple tax regimes. You will also contribute to the development of the European Investor Exchange (EIX), enhancing hedging strategies and market-making capabilities. The role requires expertise in Python, quantitative modeling, and econometrics, along with experience in a cutting-edge tech stack. You will collaborate with a highly motivated team to drive transformative changes in the financial industry.

Requirements

• 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
• Experience in quantitative modeling and data-driven decisions
• Knowledge of software development and software design in Python
• Excellent communication skills that are clear, concise, and targeted towards your audience - engineering, product, or other stakeholders
• Knowledge of relational databases / SQL
• Fluent English language skills (written & spoken)
• Proactive and independent working style, good time management, fair play

Responsibilities

• Develop and fully automate trading algorithms, encompassing risk, cost, and tax optimization in cost-effective burst computations with the capacity to handle 1mn trades in 10 minutes for less than €10
• Productionize algorithmic models that autonomously react to client requests and market movements across multiple tax regimes
• Customize smart rebalancing, cash-flow management strategies, inventory adjustments, all of this carried out on a cutting edge stack
• Work on the newly launched European Investor Exchange (EIX)
• Sharpen hedging strategies to enhance market-making, driving efficiency and precision in every trade and measuring market risks to meet regulatory requirements
• Develop hands-on in Python alongside a highly motivated team of software engineers and quant developers, driving transformative changes in the financial industry
• Manage the development of high-performance risk management tools serving regulatory purposes
• Extract knowledge from vast amounts of market data
• Drive the development of the next generation retail exchange
• Create wealth management and brokerage services for everybody
• Architect and deploy interfaces connecting the Scalable Capital Robo with key internal services to establish seamless connectivity with the external world
• Contribute and develop data-driven ideas aimed at generating business value
• Drive continuous improvements of data pipelines with respect to requirements and platform dependencies
• Fully automate trading algorithms driven by pure quantitative evidence that autonomously manage billions in assets
• Bridge the worlds of engineering and science by productionizing econometric models that react to market movements and client requests in hundreds of thousands of individual portfolios
• Never implement any of the above in spreadsheet tools
• Support investment managers, trading, backend, wealth management, risk

Preferred Qualifications

• Exposure and interest in our tech stack: Python, Docker, CI/CD pipelines, Infrastructure as Code (Terraform), SQL
• Experience with cloud providers like AWS

Benefits

• 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
• Enjoy an office in a great location in the middle of Munich, Berlin or Vienna, or choose to work remotely within Germany or Austria (if eligible for the job)
• Flexible vacation policy and the opportunity to work from abroad
• Be productive with the latest hardware and tools
• Learn and grow by joining our in-house knowledge sharing sessions and spending your individual Education Budget