Description
Wealthsimple is seeking a Quantitative Trader to join its Capital Markets team.
As a Quantitative Trader at Wealthsimple, you'll conduct research and build models that describe how markets behave, turning that research into algorithms and business insights to produce an edge for clients and the company.
Responsibilities:
- Build quantitative models to describe and predict market movements
- Model order flow characteristics to inform and optimize routing, execution, and risk decisions
- Develop trading algorithms and work with engineers to deploy them into production
- Manage daily trading operations of algorithmic trading systems
- Respond to changing market conditions to ensure optimal order placement
- Design and maintain simulation frameworks to validate algorithm performance
- Partner cross-functionally with engineering, data science, operations, and product teams
Requirements:
- 3+ years of experience in quantitative trading, research, or a related role
- STEM degree from a leading institution
- Excellent Python scripting skills
- Solid foundation in statistics, probability, and quantitative methods
- Understanding of Canadian equity market structure
- Familiarity with low-latency trading technologies
- CIRO registration as a trader is an asset
Who you are:
- You take ownership and drive outcomes
- You are data-driven and methodical
- You have a passion for financial markets and technology
- You can communicate complex concepts clearly
Why Wealthsimple?
- Top-tier health benefits and life insurance
- Long-term group savings with employer match
- 20 vacation days, 4 wellness days, and unlimited sick and mental health days
- 90 days away: work outside Canada for up to 90 days per year
- Employee resource groups and a hybrid team with over 1,500 employees across North America