The company offers a full suite of simple, sophisticated financial products across managed investing, do-it-yourself trading, cryptocurrency, tax filing, spending and saving. Wealthsimple currently serves more than 4 million Canadians and holds over $155 billion in assets under administration. The company was founded in 2014 by a team of financial experts and technology entrepreneurs, and is headquartered in Toronto, Canada.

Within

Operations, the Credit Risk team owns the models, frameworks, and day-to-day execution that keep Wealthsimple’s brokerage business running soundly — across margin, delinquency, and dynamic risk reporting. We’re a high-ownership team that works closely with Product, Finance, and the business to close gaps, reduce friction, and build for scale. If you take risk seriously and want your work to have a direct impact on how millions of Canadians experience their finances, you’ll feel at home here.

This is a risk quant role in the true sense: you’ll own the development, maintenance, and methodology of the models our teams depend on to make consequential decisions every day. You’ll work across margin, stress testing, and capital impact modelling in a CIRO-regulated workplace, and you’ll be the person who knows when something is off and can fix it. 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 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 7 to 10 years of experience in a quantitative risk or quantitative analytics role within financial services, preferably in a CIRO‑regulated brokerage environment ~ Genuine hands‑on model development experience across stress testing methodologies including VaR, SVaR, broad‑based stress testing, and single‑stock stress testing — not just model consumption ~ Deep knowledge of markets, trading instruments, and valuation principles across equities, options, futures, and fixed income ~ Expert‑level proficiency in at least one quantitative programming language (Python, R, or similar), with demonstrated ability to develop production‑quality code ~ Strong written communication skills, including the ability to produce clear methodology documentation for both technical and non‑technical audiences ~ Ability to work independently on complex technical problems and deliver under tight deadlines without requiring hands‑on management through the work ~ Depending on the candidate’s qualifications/skills,



they may be evaluated for a Senior Manager position Master’s degree in a quantitative field CFA, FRM, or equivalent professional designation 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 Comfortable working independently on hard technical problems; A clear, direct communicator who can bring non‑technical stakeholders along without losing precision 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 ~Employee resource groups, including Rainbow (2SLGBTQ), Women of WS, and Black at WS ~ technology & Innovation at Wealthsimple: 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. We may use artificial intelligence (AI) tools to support parts of our hiring process, such as reviewing applications, analyzing resumes, or assessing responses. If you have questions about how your data is used, reach out to us. #

📌 Manager, Quantitative Market Risk (Toronto)
🏢 Doist
📍 Toronto