Quant Developer - Wealth Management (m/f/x) at Scalable GmbH

Berlin, Berlin, Germany -

Full Time

Start Date

Immediate

Expiry Date

17 Jun, 26

Salary

0.0

Posted On

19 Mar, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Python, Econometrics, Portfolio Optimization, Risk Modelling, Capital Taxation, Convex Optimization, CvXpy, Scipy, CvXopt, Docker, CI/CD Pipelines, Serverless Architecture, Infrastructure As Code, Terraform, Relational Databases, SQL

Industry

Financial Services

Description

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 finance blog 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 here (English). Job Description In this role you will be responsible for developing and fully automating a systematic wealth manager (robo advisor) overseeing several billion euros in AuM utilizing multi-asset investment strategies. You will 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. In addition, you will be responsible for developing a key component of Scalable’s most transformative project: the taxation logic that supports our pan-European growth. A solid working knowledge of the basics of capital taxation is important for this role. Responsibilities: 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) 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 Support and interact with various stakeholders like the tax core team, investment managers, traders, a dedicated Robo backend team and wealth managers 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 A solid working knowledge of the basics of capital taxation 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 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 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

Responsibilities

The role involves developing and fully automating a systematic wealth manager (robo advisor) overseeing billions in assets by productionizing algorithmic models that autonomously react to market movements and client requests. Responsibilities also include developing the key pan-European taxation logic and architecting interfaces connecting the Robo with internal and external services.