Manager, Software Developer - Quantitative Market Risk

Wealthsimple
Canada
Workplace: RemoteFull timeFunction: Software EngineeringExperience: 7-10 yearsSkills: ["Leadership","Mentorship","Code review"]

Lead end-to-end quantitative market risk model development for a CIRO-regulated brokerage, including VaR/CVaR engines, derivatives valuation, and CIRO 5000 margin rule modeling. Own production-grade quantitative code and risk microservices, building containerized pipelines, automated CI/CD workflows, and model governance (registries, documentation, code reviews). Partner with Product, Finance, and the business to reduce risk, improve reporting, and scale models impacting millions of Canadians.

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FursaFursa
Wealthsimple
Wealthsimple
1 day ago

Manager, Software Developer - Quantitative Market Risk

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Source: Company careers pageValidated by: Fursa AI
Last checked: 17 hours agoStatus: Live

Job Summary

Lead end-to-end quantitative market risk model development for a CIRO-regulated brokerage, including VaR/CVaR engines, derivatives valuation, and CIRO 5000 margin rule modeling. Own production-grade quantitative code and risk microservices, building containerized pipelines, automated CI/CD workflows, and model governance (registries, documentation, code reviews). Partner with Product, Finance, and the business to reduce risk, improve reporting, and scale models impacting millions of Canadians.
Location: Canada
Workplace: Remote
Employment Type: Full time
Job Function: Software Engineering
Seniority: Manager level

Key Responsibilities

  • •Own end-to-end quantitative risk model development, including Monte Carlo and historical/stressed/parametric VaR, CVaR, and multi-factor stress testing models.
  • •Implement derivatives valuation and pricing models (e.g., Black-Scholes-Merton and binomial trees) plus greeks/shock scenarios across asset classes.
  • •Operationalize CIRO 5000 margin rules into programmatic engines to compute stressed margin requirements and concentration haircuts.
  • •Build and deploy Dockerized risk microservices via CI/CD, maintaining CI/CD pipelines, unit tests (pytest), and production troubleshooting for failures and anomalies.
  • •Provide governance and leadership by maintaining model registries (e.g., MLflow), authoring methodology documentation, and mentoring while conducting code reviews.
Travel: Medium travel

Pay and Benefits

Perks:Health InsuranceLife InsuranceRemote Work

Key Requirements

  • •7–10+ years of quantitative development experience in financial services, preferably in a CIRO-regulated brokerage.
  • •Expert knowledge of options pricing, volatility surfaces (SABR, SVI), market risk metrics, and CIRO 5000 margin/capital requirements.
  • •Production software engineering experience using Git, Docker, async processing, REST APIs (FastAPI), and testing with pytest.
  • •Strong SQL skills and hands-on experience with cloud data warehouses and large financial time-series datasets.
  • •Experience deploying models to cloud environments (AWS/GCP) via automated build and test pipelines, and leading technical projects/backlogs.
Experience:7-10 yearsFinancial servicesCIRO-regulated brokerage
Education:
Skills:LeadershipMentorshipCode review
Certifications:CFAFRMCQFDFOL
Tech Stack:PythonRSQLSnowflakePostgreSQLDbtDockerKubernetesGitHub ActionsAirflowPrefectPytestFastAPIMLflowNumPyPandasPolarsSciPyREST APIsKafka

Company Brief

Wealthsimple
Wealthsimple is a Canadian fintech offering automated investing, savings, tax filing, crypto trading, and cash accounts with a focus on low-cost, user-friendly financial services for retail customers.
Industry: Wealth Management
Company Size: Enterprise (1,001+ employees)
Growth: Scaleup
Valuation: Unicorn (USD 1B+)
Headquarters: Toronto, Canada
Founded: 2014
WebsiteLinkedIn