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

Remote

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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

Key technologies and capabilities for this role

Data ScienceMarket RiskFinancial MetricsAdvanced AnalyticsData-Driven ApproachesRisk ManagementFinancial PlanningTreasury OperationsLiquidity ManagementLeadershipTeam ManagementCollaboration

Questions & Answers

Common questions about this position

What is the employment type for this position?

This is a Permanent Full Time position.

Is this role remote or does it require office work?

This information is not specified in the job description.

What are the key responsibilities that show required skills for this role?

The role requires skills in leading data science teams, delivering financial metrics and advanced analytics, developing finance data marts and dashboards, building risk metrics like VaR and SVaR, and implementing IFRS9 ECL forecast models.

What is the company culture like at Wealthsimple?

Wealthsimple values collaboration, humility, simplicity, and building inclusive high-performing teams where people can do their best work, with teams that ship often and make an impact.

What makes a strong candidate for this Sr Manager role?

A strong candidate will have experience leading high-performing data science teams in finance and market risk, with expertise in financial metrics, risk modeling like VaR and IFRS9 ECL, data marts, and capital efficiency initiatives.

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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