Senior Operations Securities Manager – Clearing & Settlement (m/f/x)

Company Description

Scalable Capital is a leading digital investment platform in Europe. The company empowers everyone to shape their financial future. Scalable Broker makes it easy and affordable for clients to invest professionally in stocks, ETFs and other exchange-traded products and 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 renowned B2B partners. With the European Investor Exchange (EIX) Scalable Capital offers a stock exchange for retail investors in Europe. Over 27 billion euro is held on the platform by more than one million clients. Scalable Capital was founded in 2014 and employs more than 500 people at its offices in Munich, Berlin, Vienna, and London. Together with the founding and management team around Erik Podzuweit and Florian Prucker, they are working on a new generation of financial services.

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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

• You will manage all post-trade related processes with internal and external stakeholders to guarantee flawless operations of Scalable’s client and market making business
• You will supervise daily internal account reconciliation, trade booking and aggregation processes, liquidity requirements and settlement activities with counterparties to comply with settlement discipline
• You will investigate mismatches, identify optimization potential, develop scalable processes and manage the execution of time-sensitive tasks to achieve operational excellence
• You will supervise team members below your level to ensure smooth processing of transactions with exchanges, trading counterparties, custodian banks and central securities depositories
• You will coordinate and be responsible for communication with our external partners as well as internal development teams to ensure smooth settlement processes and drive improvements

Qualifications

• You successfully completed a banking apprenticeship or a Bachelor’s degree in finance, accounting, or equivalent
• You gained multiple years of experience in securities services, brokerage or asset management; prior involvement in a bank’s middle or back office is a plus
• You have comprehensive knowledge about securities and banking processes, such as on-exchange trading and settlement; knowledge in corporate actions and securities transfers is a plus
• You have an in-depth understanding of technical and legal requirements, market standards as well as practices for processing transactions via international clearing and settlement channels and possess expertise with German domestic settlement systems and processes of Clearstream Banking, Xontro, Xitaro etc.
• You are able to evaluate results, make fact-based decisions and update relevant stakeholders in a time-sensitive environment while managing competing priorities
• You have excellent verbal and written communication skills in German and 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
• Enjoy an office in a great location in the middle of Munich or Prenzlauer Berg, a vibrant district surrounded by an exciting array of restaurants, cafés and convenient amenities
• 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 
• Learn and experience German culture first hand by joining our free German language classes
• (International) relocation support
• 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 25% for the ‘Deutschland Jobticket’
• Say goodbye to order commissions and say hello to your complimentary subscription of Scalable Capital's PRIME+ Broker