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Wealthsimple

Sr Manager, Data Science - Finance & Market Risk

Posted Yesterday
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Remote
Hiring Remotely in Canada
Senior level
Remote
Hiring Remotely in Canada
Senior level
Lead and mentor teams in data science and analytics to deliver financial metrics and optimize risk management, collaborating across departments.
The summary above was generated by AI
Your career is an investment that grows over time!

Wealthsimple is on a mission to help everyone achieve financial freedom by reimagining what it means to manage your money. Using smart technology, we take financial services that are often confusing, opaque and expensive and make them transparent and low-cost for everyone. We’re the largest fintech company in Canada, with over 3+ million users who trust us with more than $100 billion in assets.

Our teams ship often and make an impact with groundbreaking ideas. We're looking for talented people who keep it simple and value collaboration and humility as we continue to create inclusive and high-performing teams where people can be inspired to do their best work.

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. 

Responsibilites

  • 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.

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 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.

Why Wealthsimple?
🤑 Competitive salary with top-tier health benefits and life insurance
📈 Retirement savings matching plan using Wealthsimple for Business
🌴 20 vacation days per year and unlimited sick and mental health days
📚 Up to $1,500 per year towards wellness and professional development budgets respectively 
🛫 90 days away program: Employees can work internationally in eligible countries for up to 90 days per calendar year 
🌎 A wide variety of peer and company-led Employee Resource Groups (ie. Rainbow, Women of Wealthsimple, Black @ WS)
💖 Company-wide wellness days off scheduled throughout the year

We’re a remote-first team, with over 1,000 employees coast to coast in North America. Be a part of our Canadian success story and help shape the financial future of millions — join us!

Read our Culture Manual and learn more about how we work.

Technology & Innovation at Wealthsimple
We believe the future belongs to those who innovate boldly. At Wealthsimple, every team member is expected to lean into new technologies, including AI, and tooling to rethink how we work, solve problems faster, and create even greater value. We're looking for people who are not just comfortable with change but energized by it. Our commitment is to build a company that evolves at the pace of the world around us, and we want you to help lead that future.

DEI Statement
At Wealthsimple, we are building products for a diverse world and we need a diverse team to do that successfully. We strongly encourage applications from everyone regardless of race, religion, colour, national origin, gender, sexual orientation, age, marital status, or disability status. 

Accessibility Statement
Wealthsimple provides an accessible candidate experience. If you need any accommodations or adjustments throughout the interview process and beyond, please let us know, and we will work with you to provide the necessary support and make reasonable accommodations to facilitate your participation. We are continuously working to improve our accessibility practices and welcome any feedback or suggestions on how we can better accommodate candidates with accessibility needs.

Top Skills

Airflow
Dbt
Fivetran
Git
Kafka
Oracle
Python
Redshift
SQL
Tableau

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