Senior Manager of Data Science, Wealthsimple
Finance & Market Risk
Professional investing services made simple
Be an early applicant
Professional investing services made simple
1001+ employees
Be an early applicant
1001+ employees
Company mission
To help everyone achieve financial freedom.
Role
Who you are
- 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 like preset, tableau, or similar
- Experience with python
- Strong understanding of data science principles and methodologies, including predictive modeling and data visualization, as applied to customer service problem solving
- Experience with data mart architecture/design, management and data quality assurance
- Ability to translate business needs into data-driven solutions
- Excellent communication and interpersonal skills
- Ability to collaborate effectively with cross-functional teams
- Experience in financial services or brokerage, ideally as a manager
What the job involves
- The Finance and Market Risk Data Science teams are a dynamic group of data scientists and analytics developers responsible for delivering high-quality financial metrics and advanced analytics
- These teams play a critical role in supporting brokerage risk, advanced trading products and key decisions related to financial planning, treasury operations, and liquidity management at Wealthsimple
- You will have the opportunity to lead and manage both teams and make a significant impact
- The Market Risk team was built from the ground up to establish a Brokerage Market Risk function, evolving brokerage risk management to support growth and resource optimization for products like margin and options
- Now, with a solid foundation, there's a unique chance to scale these initiatives, applying data-driven approaches to optimize financial resources and enhance risk management across an increasingly complex client offering
- The Finance team is crucial to deliver data quality, accessibility, and efficiency within the finance data mart, enabling Wealthsimple to confidently grow
- You will also lead capital efficiency initiatives, ensuring collateral, liquidity, and assets are optimally managed
- This role offers extensive collaboration with various teams, including Options Clearing, Cash & Collateral Management, and Margin Supervision
- 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 toCommunicate 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
Our take
Wealthsimple is one of a crop of robo-advisors trying to democratize investment management. These companies are disrupting the industry by automating many of the processes involved in investment removing the need for human advisors.
But while other so-called robo-advisors are focused on courting the high end of the market, Wealthsimple is trying to provide the same types of tools and advice to all users, regardless of the amount they have to invest.
Wealthsimple does have higher fees than some other robo-advisors such as Betterment and Charles Schwab. However, the company believes that it provides a more user-friendly platform, tailored to millennials who will be attracted to Wealthsimple due to its ease of use and social impact offerings.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
-10% employee growth in 12 months
Company
Funding (last 2 of 9 rounds)
Oct 2025
$393.2m
LATE VC
May 2021
$536.2m
LATE VC
Total funding: $1.2bn
Company benefits
- Retirement savings matching plan through Wealthsimple Work
- Company equity for full-time employees
- Access to Premium Client perks, including personal finance learning & advice and a boosted interest rate on deposits
- Paid parental leave (6 months topped up to 100% of salary)
- 20 vacation days per year
- 90 Days Away program
- Top-tier health benefits
- Life & disability insurance
- Generous sick and mental health days
- Employee resource plan including services like RMT, psychology, and physiotherapy
- Up to $5,000 per year for mental health supports
- Gender Affirmation benefits
- Up to $1,500 per year for professional development
- Up to $1,500 per year for wellness and home office expenses
- Employee resource groups
- Social impact hours
Company HQ
Fashion District, Toronto, ON
Leadership
Michael Katchen
(CEO)Previously worked as a Business Analyst at McKinsey and then at Ancestry.com as Country Director for Canada.
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