Senior Data Scientist, Wealthsimple
Fraud
CA$151.2-189k
Offers Equity
Professional investing services made simple
Job no longer available
Professional investing services made simple
1001+ employees
Job no longer available
CA$151.2-189k
Offers Equity
1001+ employees
Company mission
To help everyone achieve financial freedom.
Role
Who you are
- We’re looking for someone who thinks big, sweats the small stuff and keeps things simple
- A successful candidate is able to blend expertise in product analytics, machine learning, and experimental design while effectively communicating with stakeholders
- Experience in product analytics and experimental design
- Experience in building end-to-end machine learning pipelines
- Data storytelling: able to explain data findings/solutions to non-technical audience
- Strong technical skills in coding (SQL & Python)
- Comfortable with software engineering best practices
- Results-driven: keep things simple to achieve the product goals
- Curiosity: willing to dive deep into product strategies and business context
- Experience working in the fraud domain is a plus
What the job involves
- You’ll join a high-bar, fast-paced team where people are trusted to own their work, communicate openly, and ship things that improve our clients’ lives
- Collaboration, humility, and an obsession over quality are how we get stuff done
- The Data Science & Engineering (DSE) team at Wealthsimple consists of analytics engineers and data scientists with diverse backgrounds in mathematics, operations research, economics, computer science, engineering, and business
- Together, they are responsible for enabling data-driven decision making and developing sophisticated data products across the organization
- The team achieves these objectives by building a high quality, scalable, state-of-the-art data warehouse that serves as the foundation for all company insights and decision making, while simultaneously leveraging machine learning and advanced algorithms to create smarter financial products
- Furthermore, they utilize decision science to understand the cause and effect of business decisions, ensuring that every strategic move is backed by empirical evidence
- We are hiring a Senior Data Scientist for the Fraud team. The team is responsible for enabling Wealthsimple to grow safely by balancing fraud risk and client experience
- The team is staffed with seasoned data experts and well supported by product managers, software developers, and fraud strategists
- Work closely with product managers to identify business opportunities, define success metrics, and execute product strategies to improve client experience
- Develop and deploy machine learning models for fraud detection
- Design and analyze experiments for new product/feature launches
- Monitor and report fraud trends and client experience gaps
- Believe that simple is better - Occam's razor is your friend
- Take ownership and ship it; release incrementally and iteratively
- Teach and learn from your teammates. We value making others successful
Our take
Wealthsimple is one of a crop of robo-advisors trying to democratise 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
$395.2m
LATE VC
May 2021
$538.9m
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
(Co-Founder & CEO)Previously worked as a Business Analyst at McKinsey and then at Ancestry.com as Country Director for Canada.
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