Quantitative Trader

The role

You will conduct research and build models to describe market behavior. You will turn research into algorithms and business insights and manage daily trading operations of those systems.

What you will do

• Build quantitative models that describe and predict how markets move.
• Model the characteristics of order flow to inform routing, execution and risk decisions.
• Develop trading algorithms to programmatically decide how orders are generated and routed.
• Manage the daily trading operations of algorithmic trading systems.
• Respond to changing market conditions to ensure algorithms are placing orders optimally.
• Design and maintain simulation frameworks to validate algorithm performance against historical data.
• Partner cross-functionally with engineering, data science, operations and product teams.

Required qualifications

• 3+ years of experience in quantitative trading, quantitative research, algorithmic trading development, or a 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

Nice to have

• CIRO-registered as a trader is an asset

Benefits

• Top-tier health benefits and life insurance
• Long-term group savings with employer match, through Wealthsimple for Business
• 20 vacation days
• 4 wellness days
• unlimited sick and mental health days per year
• 90 days away: work outside Canada for up to 90 days per year

About the company

Wealthsimple is Canada’s leading financial innovator. The company offers a full suite of simple, sophisticated financial products across managed investing, do-it-yourself trading, cryptocurrency, tax filing, spending and saving.