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Operations Securities Manager (m/f/x)

Company Description

Scalable Capital is a leading digital investment platform in Europe that makes investing easy and affordable for everyone. Clients of the Scalable Broker can trade 8,000 stocks, 2,500 ETFs, and 3,500 funds and other exchange traded products to build their portfolios, earn interest on their cash balance and take secured loans. People can also have their investments professionally managed via the digital wealth management service. More than one million clients already use the services.

Scalable Capital was founded in 2014 and is active in Germany, Austria, France, Italy, the Netherlands, Spain, and the UK. The investment firm, which is supervised by BaFin and the Bundesbank, has more than 20 billion euros on its platform. In addition to its business for private clients, the company operates B2B solutions. Its long-standing partners include ING, Barclays Bank in the UK, the robo-advisor Oskar, and the Santander Group in Spain. Scalable Capital employs more than 500 people at its offices in Munich, Berlin, and London. Together with the founding and management team around Erik Podzuweit and Florian Prucker, they strive to empower everyone to become an investor.

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

  • You will be responsible for daily reconciliation, settlement and security transaction processes to actively contribute towards flawless financial services
  • You will coordinate detailed security event analyses to set the foundation for problem solving and decision making 
  • You will be responsible for communication with our external partners for clearing and settlement as well as stock exchanges to ensure smooth processing of transactions
  • You will develop scalable processes and collaborate with internal teams to support the fast-paced growth of our business

Qualifications

  • You successfully completed a banking apprenticeship or a Bachelor’s degree in finance, accounting, or equivalent
  • You gained fundamental experience in securities services, brokerage or asset management; prior involvement in a bank’s middle or back office is a plus
  • You are knowledgeable about securities and banking processes, such as corporate actions, securities transfers, on-exchange trading and settlement
  • You already worked in a time-sensitive environment and proved that you are able to balance competing priorities while maintaining high quality standards
  • You have excellent verbal and written communication skills
  • You are fluent in German and English (written and spoken)

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 Berlin Mitte, 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
  • Say goodbye to order commissions and say hello to your complimentary subscription of Scalable Capital's PRIME+ Broker

#LI-Hybrid

Average salary estimate

$60000 / YEARLY (est.)
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$50000K
$70000K

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What You Should Know About Operations Securities Manager (m/f/x), Scalable GmbH

As the Operations Securities Manager at Scalable Capital, you’ll play a pivotal role in driving the efficiency of our daily reconciliation, settlement, and security transaction processes. Located in the vibrant Berlin Mitte district, our team is welcoming and diverse, focusing on making investing accessible for everyone. You'll be getting right into the action by analyzing security events to help us resolve issues and make informed decisions. Plus, you’ll be our communication bridge, liaising with external partners and stock exchanges to ensure that every transaction sails smoothly. Your expertise in securities services, brokerage, or asset management will be invaluable, as you’ll also collaborate with internal teams to craft scalable processes that support our rapid business growth. With Scalable Capital's commitment to innovation and excellence, we are excited to empower our team members to make a meaningful impact in the fintech space. Join us, and you’ll have the chance to work with cutting-edge tools, participate in enriching knowledge-sharing sessions, and even enjoy perks like flexible vacation policies and educational budgets. If you're eager to be part of a company where the passion for finance meets an inclusive and growth-oriented culture, then Scalable Capital is the place for you!

Frequently Asked Questions (FAQs) for Operations Securities Manager (m/f/x) Role at Scalable GmbH
What does an Operations Securities Manager do at Scalable Capital?

An Operations Securities Manager at Scalable Capital is responsible for daily reconciliation and settlement processes, ensuring that all security transactions are processed flawlessly. This role involves analyzing security events, coordinating with external partners, and developing scalable processes that support our fast-paced growth. Your work directly contributes to creating a top-notch experience for our more than one million clients.

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What qualifications are needed for the Operations Securities Manager position at Scalable Capital?

To be considered for the Operations Securities Manager role at Scalable Capital, you are expected to have completed a banking apprenticeship or hold a Bachelor’s degree in finance or accounting. Experience in securities services, brokerage, or asset management is essential, with a preference for candidates who have worked in a bank’s middle or back office. Fluency in German and English is also required.

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How does Scalable Capital support career growth for Operations Securities Managers?

At Scalable Capital, we prioritize the career growth of our Operations Securities Managers by offering in-house knowledge sharing sessions, individual education budgets, and opportunities for personal development. We aim to foster a supportive environment where continual learning is encouraged, ensuring that you can thrive and advance in your career.

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Is the Operations Securities Manager role at Scalable Capital suitable for international candidates?

Absolutely! Scalable Capital values diversity and welcomes international candidates for the Operations Securities Manager position. We provide relocation support, and fluency in German is appreciated but not always mandatory. We also offer free German language classes to help you integrate into our vibrant team.

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What is the work environment like for an Operations Securities Manager at Scalable Capital?

The work environment at Scalable Capital for an Operations Securities Manager is dynamic and collaborative. You will be part of an international team that values inclusivity and innovation. Located in the heart of Berlin, you can enjoy a great mix of culture, food, and amenities while contributing to one of Europe's fastest-growing fintech startups.

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Can you describe the benefits package for Operations Securities Managers at Scalable Capital?

The benefits package for Operations Securities Managers at Scalable Capital is attractive and comprehensive. You’ll enjoy flexible vacation policies, the opportunity to work remotely, competitive compensation, a company pension scheme, and a complimentary subscription to Scalable Capital's PRIME+ Broker as part of our commitment to employee well-being.

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What does a typical day look like for an Operations Securities Manager at Scalable Capital?

A typical day for an Operations Securities Manager at Scalable Capital includes overseeing daily reconciliation and settlement of transactions, communicating with external partners, analyzing security events for problem-solving, and working on developing processes that enhance operational efficiency. It’s a role that requires sharp analytical skills and an ability to manage responsibilities in a time-sensitive environment.

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Common Interview Questions for Operations Securities Manager (m/f/x)
What experience do you have in securities services relevant to the Operations Securities Manager role?

To effectively answer this question, highlight specific positions where you dealt with securities services, focusing on your daily responsibilities and the skills you developed in the field. Share examples of how you contributed to reconciliation processes or transaction settlements, detailing what was learned and how it applies to ensuring quality standards in your future role.

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How do you handle competing priorities in a time-sensitive environment?

When answering this question, demonstrate your ability to prioritize tasks based on urgency and impact. Provide examples from your past work experience where you successfully managed multiple deadlines, what strategies you employed to stay organized, and how communication with team members aided in achieving goals without sacrificing quality.

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What processes would you implement to improve transaction efficiency?

In your response, detail specific processes or tools you have successfully implemented in previous roles that enhanced transaction efficiency. Explain your analytical approach to evaluate existing processes and how your decisions led to improved performance metrics.

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Can you explain your experience with corporate actions and securities transfers?

When responding here, provide detailed examples of your experience dealing with corporate actions and securities transfers, specifying any relevant software or systems you used. Discuss the importance of these processes in the broader context of financial services and how you ensured accuracy and timeliness in your work.

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Describe a challenging situation you've faced in securities management and how you resolved it.

In answering this, recount a specific challenge related to securities management, explaining the circumstances and the steps you took to resolve it. Focus on your problem-solving abilities and the lessons learned from the experience that could benefit you in the Operations Securities Manager role.

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What skills do you believe are essential for an Operations Securities Manager?

For this question, focus on both technical skills, such as knowledge of banking processes and software, and soft skills like communication and analytical thinking. Provide examples of how each skill has been essential in your past roles, particularly in maintaining high-quality service in securities management.

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How do you ensure effective communication with external partners?

Discuss strategies you employ for ensuring clear and efficient communication with external partners, such as regular updates, proper documentation, and establishing rapport. Share experiences where your communication skills led to successful partnerships and issue resolution in previous roles.

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What is your approach to setting and achieving performance goals?

To answer this question, outline your systematic approach to setting goals, incorporating SMART criteria (Specific, Measurable, Achievable, Relevant, Time-bound). Provide insights into how you track progress and your methods for evaluating success across personal and team objectives in your prior positions.

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How do you stay updated with changes in financial regulations and securities processes?

In your response, detail the steps you take to keep current with financial regulations, such as subscribing to industry news, attending workshops or conferences, and engaging in professional networks. This demonstrates your commitment to maintaining knowledge that supports excellence in your role as an Operations Securities Manager.

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Why do you want to work at Scalable Capital as an Operations Securities Manager?

This is your opportunity to express genuine interest in the company’s mission and values. Share how Scalable Capital’s innovative approach to finance resonates with you, and mention any specifics about the company culture that appeal to you, particularly their focus on empowering clients and the environment of growth and inclusivity.

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Scalable Capital provides a personalized, globally-diversified portfolio designed to create long-term wealth. Scalable Capital was founded in 2014 and is based in Germany.

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Full-time, hybrid
DATE POSTED
November 25, 2024

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