Full-Time

Senior Data Scientist

AI Products

Updated on 8/1/2026

Wealthsimple

Wealthsimple

1,001-5,000 employees

Digital wealth platform with automated investing

Compensation Overview

CA$151k - CA$189k/yr

+ Employer match

Remote in Canada + 1 more

More locations: Toronto, ON, Canada

Remote

Remote work is limited to Canada; employees may work outside Canada for up to 90 days per year.

Category
Data & Analytics (1)
Required Skills
LLM
Python
Data Science
Product Management
Machine Learning
A/B Testing

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Requirements
  • Deep product sense, including defining success metrics, translating vague business objectives into measurable hypotheses, and measuring product impact through A/B testing and causal inference.
  • Experience with product analytics to derive actionable insights that inform product roadmaps.
  • A proven track record of converting model outputs into business outcomes and communicating technical findings to product managers, designers, and engineers to drive alignment.
  • Experience designing, training, and shipping production artificial intelligence models, with depth in transformer architectures and large language models.
  • Knowledge of attention, tokenization, embeddings, regularization, and failure mode analysis.
  • Familiarity with fine-tuning methods including LoRA and adapters, knowledge distillation, quantization, and instruction tuning.
Responsibilities
  • Lead the full artificial intelligence product lifecycle, from identifying user pain points and defining key performance indicators to training foundation models and measuring real-world impact.
  • Design and execute rigorous experiments, including A/B tests and causal inference, to validate new artificial intelligence features and drive product optimizations.
  • Partner with Product Managers, Designers, and Engineers to translate business goals into a technical artificial intelligence roadmap and align model development with user needs and technical feasibility.
  • Build and maintain production-grade training pipelines and evaluation harnesses using reproducible, well-tested code.
  • Analyze production feedback and user interactions to iteratively refine models and maximize value.
  • Mentor teammates, simplify complex problems, and drive iterative, high-impact delivery.
Desired Qualifications
  • Background in recommender systems, representation learning, or self-supervised learning.
  • Experience with production large language model application development.
  • Open-source contributions or publications in artificial intelligence.

Wealthsimple is a digital financial platform that provides tools to help people manage money, invest, trade stocks, buy cryptocurrency, save, spend, and file taxes all in one place. It works by offering services such as automated investing (a robo-advisor that builds and rebalances portfolios), commission-free stock trading, cryptocurrency investments, and quick tax filing. Revenue comes from management fees on investment accounts, transaction fees, and premium service subscriptions. Wealthsimple differentiates itself through a user-friendly, tech-enabled experience that aims to be more human-centric and accessible, especially for young professionals and tech-savvy users, while offering a broad set of financial tools in one platform. Its goal is to simplify financial management and make financial services easy to use for a wide audience.

Company Size

1,001-5,000

Company Stage

Private

Total Funding

$1.3B

Headquarters

Toronto, Canada

Founded

2014

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Simplify Jobs

Simplify's Take

What believers are saying

  • Over four million Canadians and $125 billion AUA support broad cross-sell.
  • Prediction markets add a new retail trading category beyond stocks and ETFs.
  • Business banking targets founders needing chequing, credit, and USD payment tools.

What critics are saying

  • Questrade and Neo Financial pressure Wealthsimple’s core investing and banking margins.
  • Kalshi dependence exposes Wealthsimple Predict to liquidity and platform-policy shocks.
  • Canada’s securities and gambling regulators can still restrict prediction markets quickly.

What makes Wealthsimple unique

  • Wealthsimple combines investing, banking, tax, and trading in one app.
  • CIRO approved Wealthsimple for event and forecast contracts in March 2026.
  • Business chequing opened online in under 20 minutes with 2.25% interest.

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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

Growth & Insights and Company News

Headcount

6 month growth

-4%

1 year growth

-6%

2 year growth

-6%
Fintech.ca
Feb 18th, 2026
Wealthsimple's $536M raise boosts Canadian fintech as investor appetite for scale grows

Canadian fintech investment activity in 2025 was driven by three major deals: H.I.G. Capital's $898 million buyout of Converge Technology Solutions, Wealthsimple's $536 million equity raise, and Ripple's $200 million acquisition of Rail, according to KPMG Canada. KPMG partner Dubie Cunningham says investors are prioritising mature Canadian fintechs with strong customer penetration and scalable platforms. She expects this trend to continue in 2026, particularly as Canada's open banking framework launches later this year. By sector, AI fintechs received the most funding deals with 29, followed by crypto and blockchain companies with 26. KPMG's Kareem Sadek predicts Canada's new stablecoin regime will drive increased investor interest in digital assets in 2026, reducing regulatory ambiguity and enabling broader adoption of blockchain-based solutions.

Private Capital Journal
Jan 22nd, 2026
Wealthsimple Investments raises $532M across 6 private funds, up 76% from 2024

Wealthsimple Investments Inc., a subsidiary of Wealthsimple Financial Corp., raised $531.62 million across six private investment funds in 2025, up from $301.97 million across two funds in 2024. The Canadian firm introduced two new funds this year: Wealthsimple Private Infrastructure Fund I, raising $3.05 million, and Wealthsimple Private Market Fund I, raising $8.39 million. Its largest fund, Wealthsimple Private Equity Fund I, raised $201.22 million, whilst Wealthsimple Private Credit Fund 1 Trust raised $178.19 million. Wealthsimple Investments is a registered Investment Fund Manager and Investment Dealer. The company also manages Wealthsimple Venture Fund I separately, whilst its ETF funds are managed by Mackenzie Financial Corporation.

PR Newswire
Oct 27th, 2025
Wealthsimple raises $750M at $10B valuation

Wealthsimple announced a CAD $750 million equity round at a CAD $10 billion post-money valuation to boost growth. The round includes a $550 million primary offering and a secondary offering of up to $200 million. It is co-led by Dragoneer Investment Group and GIC, with participation from CPP Investments, Power Corporation of Canada, IGM Financial Inc., ICONIQ, Greylock, and Meritech. This investment underscores strong global confidence in Wealthsimple's future in financial services.

Fintech.ca
Sep 22nd, 2025
Simple Ventures Raises $15M to Build Canadian Companies | Fintech.ca

Canadian venture builder Simple Ventures has raised $15 million to accelerate the creation of new companies at home and entice Canadian founders abroad to return. The round drew backing from TD Innovation Partners (TDIP), Sun Life, Sobeys, and high-profile founder-operators including Mike Katchen (Wealthsimple), Harley Finkelstein (Shopify), and Joanna Griffiths (Knix), alongside other prolific investors […]

BetaKit
Jun 11th, 2025
Wealthsimple Reveals First Credit Card, Expanded Chequing Account At Inaugural Product Showcase

Toronto FinTech firm pitches “an alternative that is better than a bank” at first Wealthsimple Presents