Full-Time

Senior Data Scientist

Product

Posted on 6/27/2024

Wealthsimple

Wealthsimple

1,001-5,000 employees

Financial technology for investing and taxes

No salary listed

Senior, Expert

Remote in Canada

Category
Data Science
Data & Analytics
Required Skills
Python
Jupyter
Data Structures & Algorithms
SQL
Pandas
NumPy
Data Analysis
Requirements
  • Python & SQL skills. You are bringing 5+ years of first hand experience working with popular Python libraries such as Pandas, scikit-learn, numpy and Jupyter.
  • Ability to lead projects from ideation to production.
  • Experience working in a collaborative environment with product managers, designers and engineers.
  • Strong understanding of statistics (both frequentist and Bayesian approaches).
  • Strong understanding of fundamental machine-learning algorithms (regression and decision trees).
Responsibilities
  • Partner with our Investing and Banking Product team to work on some of Wealthsimple’s highest priority efforts.
  • Build robust, efficient, and integrated data models in our cloud data warehouse that will be used as the source of truth for analytics across the Investing product organization.
  • Apply statistical techniques and build machine learning models to solve real-life product problems and to inform product decisions and strategies.
  • Apply software engineering best practices like version control and continuous integration to the analytics code base; ensure data models are well tested, documented and maintained.
  • Translate business requirements into data models and analysis that will help stakeholders answer key business questions and inform strategic decisions.
  • Continuously look for the simplest, most effective way to approach challenges; Occam's razor is your friend.

Wealthsimple provides a range of financial tools that help individuals manage their finances effectively. Their services include automated investing, commission-free stock trading, cryptocurrency investments, and tax filing assistance. Users can access these services through a digital platform that is designed to be easy to use, particularly for young professionals and tech-savvy individuals. Unlike many traditional financial services, Wealthsimple focuses on a user-friendly experience and aims to make financial management accessible to everyone. The company's goal is to simplify the process of investing and managing money, ensuring that users can handle their finances with confidence and ease.

Company Size

1,001-5,000

Company Stage

Late Stage VC

Total Funding

$849.7M

Headquarters

Toronto, Canada

Founded

2014

Simplify Jobs

Simplify's Take

What believers are saying

  • Wealthsimple's acquisition of Plenty enhances its wealth management capabilities.
  • The launch of margin trading attracts more experienced investors to the platform.
  • Wealthsimple's profitability and $50 billion AUA position it for further growth.

What critics are saying

  • Increased competition from fintech startups could erode Wealthsimple's market share.
  • Regulatory scrutiny on cryptocurrency investments may impact Wealthsimple's offerings.
  • Economic downturns could reduce investor confidence and affect Wealthsimple's AUA.

What makes Wealthsimple unique

  • Wealthsimple offers a user-friendly platform for young, tech-savvy investors.
  • The company provides a comprehensive suite of financial tools, including tax filing services.
  • Wealthsimple's human-centric approach simplifies financial management for everyday users.

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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

0%

1 year growth

0%

2 year growth

-2%
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Apr 9th, 2025
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