Data Scientist, Wealthfront
Marketing
$164-211k
+ Equity + Discretionary bonus
Office located in Palo Alto, CA
Automated investment management
Open for applications
Automated investment management
201-500 employees
Open for applications
$164-211k
+ Equity + Discretionary bonus
Office located in Palo Alto, CA
201-500 employees
Company mission
To build a financial system that favors people, not institutions.
Role
Who you are
- A key desired trait for this role is an advanced ability to reduce business problems to mathematical language and communicate results to the broader team
- A Masters or PhD degree in Computer Science, Statistics, Operations Research or Natural Sciences, with 4-8 years of prior experience as a Data Scientist
- Proficiency in Python and SQL
- A strong foundation in practical Statistics including the use of causal inference
- Strong mathematical and software engineering skills
- Fluency in long and short form oral and written communication
- Ability to sharpen or reframe project requirements through effective collaboration
- Strong desire and ability to mentor junior Data Scientists by exemplifying math, engineering and technical communication skills
- Experience in a Marketing facing role preferred, but not required
What the job involves
- The Data Scientist in this role will be primarily embedded within Wealthfront’s Marketing team
- The Marketing team aims to acquire new clients and increase awareness of Wealthfront's brand and products among potential customers
- The team addresses these goals by designing and executing targeted advertising campaigns for Wealthfront products
- The potential set of projects for this role includes (but is not limited to) campaign performance analysis, paths to conversion, incrementality estimation, media mix modeling, client segmentation, AB Experiment design and client revenue modeling
- An ideal candidate will also act as a mentor to junior team members and demonstrate an ability to explain technical concepts in a simple language
- Provide hands-on technical leadership to a team of data scientists working in the Marketing area, translating business problems into Data Science tasks
- Employ and exemplify rigor in mathematical analyses and sound design principles in software development
- Collaborate with the Marketing team to define quarterly and yearly initiatives
- Turn initiatives into projects with clear rationale, candidate approaches and milestones
- Execute planned projects through hands-on work and delegation. This includes tracking priority and progress of projects in weekly meetings
- Articulate technical information, including assumptions, methodologies, and outcomes to specialists across disciplines. Translate hunches to hypotheses and numbers into recommendations
- Absorb and articulate the Marketing strategy and project rationales to Data Scientists
Our take
Wealthfront's platform takes the hassle and stress out of investing, financial planning, borrowing, and saving with automated services and financial advice. Its robo-advisor allows customers to set a financial limit on their accounts; anything above the limit is moved into an investment account or another account chosen by the customer.
Indeed, it has some similarities to round-up apps like Acorn, which round up purchases and put the spare change into savings. Other companies are working on robo-advisors too, such as Morgan Stanley and Betterment.
Nonetheless, with an impressive and steadily increasing list of clients and more than $50B of assets under its management, Wealthfront achieved Unicorn status in September 2022 and became public in December 2025. However, lower-than-expected stock prices have led to federal investigations and talks of a restructuring. Regardless, its diversified offerings and high-interest checking accounts retain the company's strong position.
Steph
Company Specialist at Welcome to the Jungle
Insights
-4% employee growth in 12 months
Company
Funding (last 2 of 6 rounds)
Jan 2018
$75m
SERIES E
Oct 2014
$64m
SERIES D
Total funding: $204.5m
Company benefits
- Lunch and snacks on the house: Enjoy lunches, snacks, coffee and stipends to go out to lunch with coworkers.
- More tools in your toolbox: Join one of our affinity groups, attend leadership trainings and receive 1:1 mentorship. We give team members a quarterly learning stipend so we can all continue to grow and improve.
- Commuting made easy: We’re a short walk from the Palo Alto Caltrain and all employees receive a Caltrain pass. Our co-working space in San Francisco is great for days when you need to work from the city. An additional transportation stipend and relocation bonuses make getting to the office a breeze.
- Prioritize Wellness: Stay happy and healthy however you choose with our monthly wellness reimbursement. You define what wellness means for you — a massage, running sneakers, or dance classes? It’s your call.
- Work/life balance (no, really): We have flexible working hours, a discretionary time off policy and offer 16 weeks of paid parental leave (both parents). We work hard, but we rejuvenate too.
- Your health matters: We provide comprehensive medical, dental and vision coverage for you and your family, including HSA contributions for high deductible plans.
Company HQ
University South, Palo Alto, CA
Leadership
Dan Carroll
(Founder & CSO)They studied Finance and Entrepreneurship at the University of Arizona before using this expertise to co-found Wealthfront in December 2008.
David Fortunato
(CEO)David has been at Wealthfront since 2009, joining the company as CTO. He then became the President in 2019 and CEO in 2021.
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