Manager, Quantitative Market Risk

Own the development, testing, and ongoing maintenance of quantitative risk models, including VaR, SVaR, broad-based stress testing, and single-stock stress testing — updating them as market conditions and regulatory requirements evolve

Write and maintain clear methodology documentation for every model used in day-to-day stakeholder decisions, so the teams consuming your outputs understand what they're working with

Apply deep knowledge of CIRO 5000 margin rules to model how margin requirements and capital would be impacted under a range of stressed conditions

Develop production-quality code across multiple programming languages to build, maintain, and improve model infrastructure

Work cross-functionally with margin, delinquency, and dynamic risk reporting teams to support risk-cognizant decision-making — translating complex model outputs into clear, actionable guidance

Identify and flag model performance issues proactively, including cases where outputs may be inaccurate or non-meaningful given current market conditions

Master’s degree in a quantitative field.

CFA, FRM, or equivalent professional designation

Derivatives Fundamentals and Options Licensing (DFOL) certification

Familiarity with building or contributing to model governance frameworks, including ticketing, prioritization, and model registry infrastructure

Experience presenting quantitative model outputs and methodology to senior stakeholders or regulators

Exposure to margin lending, portfolio lending, or credit risk in a brokerage context

Someone who understands market context deeply enough to know when a model is producing results that don't make sense — and experienced enough to fix it

Rigorous about methodology and documentation; you don't consider something done until the next person can understand it without asking you

Comfortable working independently on hard technical problems; you don't need to be managed through the work, and you know how to prioritize when deadlines are real

A clear, direct communicator who can bring non-technical stakeholders along without losing precision

Thoughtful about how you use new tools, including AI — you see them as ways to work better, not as substitutes for the judgement this work requires

Someone who builds trust with cross-functional partners by being reliable, consistent, and easy to work with even when the subject matter is complex

🌸 Top-tier health benefits and life insurance

📈 Long-term group savings with employer match, through Wealthsimple for Business

🌴 20 vacation days, 4 wellness days, and unlimited sick and mental health days per year

✈️ 90 days away: work outside Canada for up to 90 days per year

👥 Employee resource groups, including Rainbow (2SLGBTQ), Women of WS, and Black at WS

🌎 We are a hybrid team with over 1,500 employees across North America. The people are one of the best parts of working here: you'll collaborate with incredibly talented, curious, and driven teammates who are deeply committed to doing great work.

Technology & Innovation at Wealthsimple: We move quickly and build thoughtfully. That means we're always looking for better ways to work — whether that's new tools, AI, or rethinking how we approach a problem. We don't expect you to have all the answers, but we do expect curiosity and a willingness to evolve alongside the products we're building.

Inclusion Statement: We're building products for a diverse world, and we need a diverse team to do it well. We strongly encourage applications from everyone, regardless of race, religion, colour, national origin, gender, sexual orientation, age, marital status, or disability status.

Accessibility Statement: We're committed to an accessible hiring experience. If you need any accommodations throughout the interview process, please let us know — we'll work with you to make sure you have what you need. We also welcome any feedback on how we can better accommodate candidates with accessibility needs.

AI in Hiring: We may use artificial intelligence (AI) tools to support parts of our hiring process, such as reviewing applications, analyzing resumes, or assessing responses. These tools assist our team but don't replace human judgment – all final hiring decisions are made by people. If you have questions about how your data is used, reach out to us.