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Senior Data Science Manager

Your career is an investment that grows over time!


Wealthsimple is on a mission to help everyone achieve financial freedom by reimagining what it means to manage your money. Using smart technology, we take financial services that are often confusing, opaque and expensive and make them transparent and low-cost for everyone. We’re the largest fintech company in Canada, with over 4 million users who trust us with more than $50 billion in assets.


Our teams ship often and make an impact with groundbreaking ideas. We're looking for talented people who keep it simple and value collaboration and humility as we continue to create inclusive and high-performing teams where people can be inspired to do their best work.


About the team:

The Data Science & Engineering (DSE) team consists of analytics engineers, data scientists, and software engineers with diverse educational backgrounds such as math, operations research, economics, computer science, engineering and business. The team is responsible for enabling data-driven decision making and building data products at Wealthsimple.


We achieve these goals by:

- Building a high quality and scalable state-of-the-art data warehouse that powers all decision making

- Leveraging machine learning and algorithms to help Wealthsimple build smarter financial products

- Using decision science to understand the cause and effect of our business decisions


About the role:

At Wealthsimple, our Investing teams are the driving force behind Self Directed Investing and Managed Invest products.  We are hiring for an experienced data science leader to join our Investing leadership team.  This individual will work on some of the highest priority initiatives at Wealthsimple, ensuring that our product strategy is well grounded in data and analytics.


Some of your projects may include, but not be limited to: 

- Analyze user behaviour to understand how clients interact with the product

- Develop and implement experiments to evaluate new features and product changes

- Apply causal inference methods in non-experimental settings

- Use machine learning algorithms to segment users and personalize product experiences

- Develop and maintain core data models and pipelines to ensure data quality and accessibility


What you will do:
  • Manage the partnership with our Product, Product Marketing and Engineering teams to support works across some of Wealthsimple’s highest priority efforts
  • Lead a best-in-class team of data scientists and grow each individual
  • Build robust, efficient, and integrated data models in cloud data warehouse that will be used as the source of truth for analytics across the Investing product organization
  • Set organizational standards and influence our data science and engineering culture.
  • Apply statistical techniques and build machine learning models to solve real life product problems and to inform product decisions and strategies
  • Apply software engineering best practices like version control and continuous integration to the analytics code base; ensure data models are well tested, documented and maintained
  • Translate business requirements into data models and analysis that will help stakeholders answer key business questions and inform strategic decisions
  • Continuously look for the simplest, most effective way to approach challenges; Occam's razor is your friend
  • Take ownership and ship it
  • Empower the team by leveraging their diverse educational backgrounds.
  • Work where you are (while our Canadian offices are located in Toronto, we are a remote-first workforce and you can join from anywhere in Canada!)


Who you are:
  • Experience leading multiple Data Science teams and a proven dedication to helping your teams and others grow
  • Strong business acumen and product sense and ability to help drive strategic vision
  • Excellent Python & SQL skills, first hand experience working with popular Python libraries such as Pandas, scikit-learn, numpy and Jupyter
  • Strong understanding of statistics: both frequentist and Bayesian approaches.
  • Strong understanding of fundamental machine-learning algorithms: regression and decision trees
  • Able to articulate their stance in a manner that effectively collaborates with different stakeholders 
  • Adjusts quickly to changing priorities and effectively manages complexity and change
  • Can coach people in their current roles to improve performance and prepare them for future roles
  • Has exceptional communication skills and is able to communicate effectively to both technical and non-technical teams
  • Plans, organizes, schedules, and budgets in an efficient, productive manner
  • Is eager to teach and learn from your team. We value making each other successful!
  • Is a lifelong learner. You’re constantly seeking and welcoming feedback to continue improving yourself and your craft


Why Wealthsimple?

🤑 Competitive salary with top-tier health benefits and life insurance

📈 Retirement savings matching plan using Wealthsimple Work

🌴 20 vacation days per year and unlimited sick and mental health days

📚 Up to $1,500 per year towards wellness and professional development budgets respectively 

🛫 90 days away program: Employees can work internationally in eligible countries for up to 90 days per calendar year 

🌎 A wide variety of peer and company-led Employee Resource Groups (ie. Rainbow, Women of Wealthsimple, Black @ WS)

💖 Company-wide wellness days off scheduled throughout the year


We’re a remote-first team, with over 1,000 employees coast to coast in North America. Be a part of our Canadian success story and help shape the financial future of millions — join us!


Read our Culture Manual and learn more about how we work.


DEI Statement

At Wealthsimple, we are building products for a diverse world and we need a diverse team to do that successfully. We strongly encourage applications from everyone regardless of race, religion, colour, national origin, gender, sexual orientation, age, marital status, or disability status. 


Accessibility Statement

Wealthsimple provides an accessible candidate experience. If you need any accommodations or adjustments throughout the interview process and beyond, please let us know, and we will work with you to provide the necessary support and make reasonable accommodations to facilitate your participation. We are continuously working to improve our accessibility practices and welcome any feedback or suggestions on how we can better accommodate candidates with accessibility needs.

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CEO of Wealthsimple
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Michael Katchen
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What You Should Know About Senior Data Science Manager, Wealthsimple

Wealthsimple is on the lookout for a Senior Data Science Manager to join our dynamic Investing leadership team in Canada! If you're someone who loves diving into data and leading teams, this is the perfect opportunity for you to make a significant impact. Our mission is simple: to help everyone achieve financial freedom by making financial services transparent and affordable. As the largest fintech company in Canada, we’re proud to have over 4 million users and manage more than $50 billion in assets. You'll be a key player in shaping our product strategy using data analytics and machine learning. Your role will involve analyzing user behavior, designing experiments, and applying causal inference methods, all while managing partnerships across our teams. At Wealthsimple, we believe in fostering a culture of collaboration and personal growth, so you'll have the chance to lead a talented team of data scientists, build robust data models, and influence the data culture within our organization. Whether you're developing user segmentation strategies or enhancing product experiences, your work will directly contribute to our mission. Plus, you'll enjoy the flexibility of working from anywhere in Canada! If you're ready to take your career to new heights and stimulate innovation in the financial industry, join us at Wealthsimple!

Frequently Asked Questions (FAQs) for Senior Data Science Manager Role at Wealthsimple
What are the key responsibilities of a Senior Data Science Manager at Wealthsimple?

As a Senior Data Science Manager at Wealthsimple, you will manage partnerships with Product, Product Marketing, and Engineering teams while leading a team of data scientists. You'll analyze user behavior, design and run experiments for product features, and apply machine learning algorithms. Additionally, you'll have the responsibility of building robust data models and ensuring data quality across the organization.

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What qualifications do I need to apply for the Senior Data Science Manager position at Wealthsimple?

To apply for the Senior Data Science Manager position at Wealthsimple, you should have significant experience leading data science teams, excellent skills in Python and SQL, and a strong understanding of statistics. Proficiency with machine learning algorithms and a solid business acumen to drive strategic vision are essential. Good communication skills to interact with both technical and non-technical teams are also crucial.

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Can I work remotely as a Senior Data Science Manager at Wealthsimple?

Yes! Wealthsimple is a remote-first organization, which means you can work from anywhere in Canada as a Senior Data Science Manager. This flexibility allows you to balance your professional and personal life while being part of a dynamic and innovative team.

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What skills are critical for success as a Senior Data Science Manager at Wealthsimple?

Critical skills for a Senior Data Science Manager at Wealthsimple include strong expertise in Python and SQL, a deep understanding of statistical methods, and experience with fundamental machine learning algorithms. Additionally, exceptional communication and coaching skills are vital for leading a diverse group of talented data scientists and collaborating with other departments.

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What kind of impact will I make as a Senior Data Science Manager at Wealthsimple?

In the role of a Senior Data Science Manager at Wealthsimple, you will play a vital role in driving data-driven decision-making in the Investing product organization. Your leadership will guide your team in creating innovative data products that enhance user experience and contribute to the strategic goals of Wealthsimple, helping millions achieve greater financial freedom.

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Common Interview Questions for Senior Data Science Manager
How do you prioritize projects as a Senior Data Science Manager?

When prioritizing projects, focus on aligning initiatives with the company's strategic goals. Evaluate the potential impact and return on investment for each project. Use data-driven metrics to guide your decisions, and remain flexible to adapt to changing priorities as they arise.

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Can you describe a time when you led a successful data science project?

In your response, detail a specific project where you led a successful team effort. Highlight the project's objectives, your contributions, the methodologies used, and the outcomes. Concrete metrics or results that demonstrate the success of the project will add significant value to your answer.

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What machine learning algorithms are you most experienced with?

Be prepared to discuss several machine learning algorithms you have implemented, such as regression models, decision trees, and clustering algorithms. It's helpful to illustrate your experience by sharing specific use cases where you applied these algorithms for data analysis at work.

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How do you ensure data quality in your models?

To ensure data quality, implement thorough testing and validation processes, including checks for data cleanliness and consistency. Describe your use of version control and continuous integration practices to maintain high-quality analytics code and data models.

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How do you approach working with non-technical stakeholders?

Effective communication is key when collaborating with non-technical stakeholders. Use clear and straightforward language, avoiding jargon, and focus on how data insights can drive business decisions. Building strong relationships and trust will also facilitate this communication.

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What strategies do you use to empower your team?

Empowering your team involves providing them with resources, opportunities for professional development, and a culture that encourages collaboration and innovation. Foster an environment where team members feel safe to share ideas and take calculated risks.

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Describe a challenge you faced as a data science leader and how you overcame it.

Discuss a specific challenge that required critical thinking and problem-solving. Emphasize your role in identifying the issue, the steps you took to address it, and the positive outcomes that resulted from your efforts.

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How do you stay updated with the latest trends in data science?

Share your commitment to continuous learning through various channels, such as attending industry conferences, following relevant publications, participating in webinars, or being active in data science communities. Highlight specific examples of how you have applied new insights in your work.

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What role does experimentation play in your data projects?

Experimentation is integral to validating hypotheses and discovering user preferences. Explain your approach to designing controlled experiments, measuring outcomes, and iterating based on results to enhance data-driven decision-making.

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How do you leverage user feedback in product development?

Discuss how you collect and analyze user feedback to inform product development decisions. This could include techniques such as A/B testing, surveys, or direct interviews, demonstrating your ability to integrate user insights into data models for better results.

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To democratize financial financial services and make it accessible to everybody, regardless of age or net worth.

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Full-time, remote
DATE POSTED
January 9, 2025

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