[Remote] Sr Manager, Data Science - Finance & Market Risk at Wealthsimple

Remote

Wealthsimple Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Fintech, Financial ServicesIndustries

Requirements

  • 3+ years of people leadership experience in a data science or analytics environment, with a proven ability to lead, develop, and scale technical teams
  • Exceptional coaching, mentoring, and problem solving skills, with the ability to navigate team dynamic and drive accountability
  • Hands-on experience with modern data engineering tools: git, dbt, fivetran, airflow, redshift, oracle, kafka
  • Hands-on experience with SQL and data visualization tools

Responsibilities

  • Lead, coach, and mentor a high performing team of data scientists, analysts, and associates dedicated to Finance data science and Market risk initiatives
  • Deliver high-quality financial metrics and advanced analytics to support key decisions related to financial planning, treasury operations, and liquidity management
  • Develop and maintain the finance data mart, with a focus on optimizing data quality, accessibility, and efficiency
  • Develop and maintain dashboards to continuously monitor market conditions and client risk exposures and P&L. Maintain low-latency view with near real time data
  • Build and maintain risk metrics like VaR, as well as simulated stressed metrics like SVaR
  • Implement, develop and maintain IFRS9 ECL forecast models for our credit cards
  • Develop and maintain models and algorithms for capital efficiency: CDIC, collateral forecasts, credit card revenue, asset segregation, etc
  • Collaborate widely with various teams: Options Clearing, Cash & Collateral Management, and Margin Supervision, FP&A, Book of Record, Treasury
  • Act as a champion for your team’s successes, and promote their work to
  • Communicate and promote the work of your team to fellow data scientists and stakeholders
  • Attract, onboard, and retain top talent to grow your team, actively participating in the hiring process and developing succession plans for key roles
  • Attract and retain top talent to grow your team

Skills

Data Science
Market Risk
Financial Metrics
Advanced Analytics
Data-Driven Approaches
Risk Management
Financial Planning
Treasury Operations
Liquidity Management
Leadership
Team Management
Collaboration

Wealthsimple

Digital platform for investing and financial management

About Wealthsimple

Wealthsimple provides a range of financial tools that help individuals manage their money effectively. Their services include automated investing, where users can set up investment accounts that automatically adjust based on market conditions, and commission-free stock trading, allowing users to buy and sell stocks without paying fees. They also offer cryptocurrency investments for those interested in digital currencies and a straightforward tax filing service that is designed to be quick and user-friendly. Wealthsimple stands out from its competitors by focusing on young professionals and tech-savvy individuals, providing a digital platform that is easy to navigate and understand. The company's goal is to simplify financial management, making it accessible to everyone by using technology to create a more personal and approachable experience in finance.

Toronto, CanadaHeadquarters
2014Year Founded
$826.6MTotal Funding
LATE_VCCompany Stage
Fintech, Financial ServicesIndustries
1,001-5,000Employees

Benefits

Health Insurance
Life Insurance
401(k) Company Match
401(k) Retirement Plan
Paid Vacation
Unlimited Paid Time Off
Professional Development Budget
Wellness Program
Remote Work Options
Paid Holidays

Risks

Increased competition from zero-commission brokers could erode Wealthsimple's market share.
Invite-only rollout of Wealthsimple Cash may limit user adoption and growth.
Rapid cryptocurrency adoption pressures Wealthsimple to innovate its offerings continuously.

Differentiation

Wealthsimple offers a human-centric approach to finance with user-friendly digital tools.
The company provides a seamless platform for investing, trading, saving, and tax filing.
Wealthsimple targets young, tech-savvy professionals seeking accessible financial management solutions.

Upsides

Wealthsimple's AUA reached $50 billion, indicating strong market presence and growth potential.
The rise of AI-driven advisory services can enhance Wealthsimple's personalized investment offerings.
Fractional shares' popularity aligns with Wealthsimple's target demographic, boosting user acquisition.

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