Role overview

Wealthsimple, Canada’s leading financial innovator, is seeking a Quantitative Trader to join its Capital Markets team. You will conduct research, build quantitative models, and develop trading algorithms that create competitive advantages for both the company and its clients. This role sits at the intersection of financial theory, data science, and market operations.

Key responsibilities

Build quantitative models that describe and predict market behavior by analyzing liquidity profiles, price movement patterns, and market microstructure.
Model order flow characteristics including flow toxicity and activity classification to optimize routing, execution, and risk management decisions.
Develop algorithmic trading systems that programmatically generate and route orders, collaborating with engineers to deploy these systems into production environments.
Manage the daily trading operations of algorithmic trading systems, ensuring they respond effectively to changing market conditions.
Design and maintain simulation frameworks to validate algorithm performance using historical data.
Partner with cross-functional teams including engineering, data science, operations, and product to drive outcomes.

Requirements

At least three years of professional experience in quantitative trading, quantitative research, algorithmic trading development, or a related capital markets role.
Degree in a STEM field from a leading institution.
Advanced proficiency in Python scripting.
Strong foundation in statistics, probability, stochastic processes, and quantitative methodologies.
Understanding of Canadian equity market structure.
Familiarity with low-latency trading technologies and methodologies.
CIRO registration as a trader is considered an asset.

What makes this role worth considering

You will have the opportunity to build a new quantitative trading function from the ground up, defining tools, pipelines, and owning measurable outcomes directly. Wealthsimple offers comprehensive benefits including top-tier health coverage, employer-matched savings, 20 vacation days plus four wellness days and unlimited sick leave annually, and the flexibility to work outside Canada for up to 90 days per year. The role is remote within Canada and part of a hybrid organization with over 1,500 talented employees across North America.