At a Glance
- Tasks: Research market behaviour and develop algorithms to optimize trading strategies.
- Company: Join Wealthsimple's innovative Capital Markets team focused on Canadian investors.
- Benefits: Hybrid work model, competitive salary, and opportunities for professional growth.
- Other info: Collaborative environment with a focus on innovation and measurable outcomes.
- Why this job: Make a real impact in trading while using your Python skills and quantitative knowledge.
- Qualifications: 3+ years in quantitative trading and a STEM degree required.
The predicted salary is between 90000 - 110000 $ per year.
Apply Python, market microstructure, and quantitative research at Wealthsimple in a hybrid Capital Markets team serving Canadian investors. Build trading systems with measurable outcomes. As a Quantitative Trader, you will research market behavior, develop models, and convert findings into algorithms and business insights. You will manage algorithmic trading operations while collaborating with engineering, data science, operations, and product teams. The work spans simulation, validation, production deployment, and response to changing conditions.
Key Responsibilities:
- Build models predicting market movement and liquidity profiles
- Classify order flow to optimize routing, execution, and risk
- Develop algorithms and deploy systems with engineers
- Manage daily algorithmic trading operations
- Maintain simulations using historical market data
Requirements:
- Three-plus years in quantitative or algorithmic trading
- STEM degree from a leading institution
- Excellent Python scripting skills
- Statistics, probability, stochastic processes, and quantitative methods foundation
- Understanding of Canadian equity market structure
- Use quantitative models, Python, and market research to own algorithmic trading outcomes at Wealthsimple.
Quantitative Trader Algorithmic Trading in Toronto employer: BetaKit
Wealthsimple is an exceptional employer that fosters a collaborative and innovative work culture, where employees are empowered to take ownership of their roles and contribute to meaningful projects. With top-tier health benefits, generous vacation policies, and a commitment to employee growth through diverse resource groups, Wealthsimple provides a supportive environment for professional development. Located in Toronto, the company offers unique opportunities to work with cutting-edge technology and a talented team dedicated to transforming the financial landscape for Canadians.
