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Wealthsimple, Canada's leading financial innovator serving 4+ million Canadians with $155B+ in assets under administration, is seeking a Quantitative Trader to join its Capital Markets team. This role sits at the intersection of research, algorithm development, and live trading operations.
You will conduct quantitative research to build models describing and predicting market behavior, translating theoretical insights into algorithms and business strategies that create edge for clients and the firm. Key responsibilities include:
- Developing quantitative models to understand and forecast market movements, analyzing liquidity profiles, price dynamics, and market microstructure
- Modeling order flow characteristics (toxicity, activity classification) to optimize routing, execution, and risk decisions
- Building trading algorithms that programmatically generate and route orders; collaborating with engineers to deploy systems to production
- Managing daily operations of algorithmic trading systems, monitoring performance and responding to market condition changes
- Designing and maintaining simulation frameworks to validate algorithm performance against historical data
- Cross-functional partnership with engineering, data science, operations, and product teams
The role offers significant ownership: you will originate ideas, validate them through simulation, oversee implementation, and drive live results. This is a self-starter opportunity to build new functions, define tools and pipelines, and own outcomes.
Wealthsimple offers hybrid flexibility (1,500+ employees across North America), 20 vacation days plus 4 wellness days and unlimited sick/mental health days, 90 days per year to work outside Canada, top-tier health benefits, employer-matched group savings, and active employee resource groups.
REQUIREMENTS:
- 3+ years of experience in quantitative trading, quantitative research, algorithmic trading development, or closely related capital markets role
- STEM degree from a leading institution
- Excellent Python scripting
- Solid foundation in statistics, probability, stochastic processes, and quantitative methods
- Understanding of Canadian equity market structure
- Familiarity with low-latency trading technologies and methodologies
- CIRO trader registration is an asset
