Quant Developer

Summary

Join Scalable Capital, a leading European digital investment platform, as a key developer in building and automating a systematic wealth manager (robo-advisor). You will productionize algorithmic models for autonomous reactions to client requests and market movements, handling millions of trades. Responsibilities include risk, cost, and tax optimizations; smart rebalancing; liquidity management; and security transitioning. You will work with a cutting-edge technology stack and modern software development practices. This role offers the chance to create wealth management and brokerage services and to architect interfaces connecting the robo-advisor with internal and external services. The ideal candidate will have a strong background in computer science, mathematics, or a related field, along with expertise in econometrics, portfolio optimization, and risk modeling. The position is based in Munich, Berlin, or Vienna, with remote work options within Germany or Austria.

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
• Passion for Python
• 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

Responsibilities

• Develop and fully automate a systematic wealth manager (robo-advisor) overseeing several billion euros in AuM utilizing multi-asset investment strategies
• Productionize algorithmic models that autonomously react to client requests and market movements utilizing cost-effective burst computations with the capacity to handle millions of trades in minutes
• This includes risk, cost and tax optimizations; smart rebalancing customizations; liquidity management; and security transitioning using cleanly defined optimization problems, a cutting-edge stack and painstakingly comprehensive test coverage to confidently deploy without delays
• Develop hands-on in Python alongside a highly motivated team of software engineers and quant developers, driving transformative changes in the financial industry
• Get to work on cutting edge technology and be part of modern software development practices (e.g. agile and self-sufficient teams, continuous integration and deployment, test automation, cloud-based infrastructure and tooling)
• 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
• Fully automate trading algorithms driven by pure quantitative evidence that autonomously manage billions in assets
• Never implement any of the above in spreadsheet tools

Benefits

• 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