Manager overseeing operational risk governance, reporting, and mitigation for Manulife’s global wealth and asset management business. Supporting risk committees, business officers, metrics, assessments, and corrective actions.
About the role
- Quantitative risk manager at Wealthsimple, Canada’s financial innovator, building brokerage VaR, stress-testing, and capital-impact models. Documenting methodologies and guiding margin, delinquency, and risk-reporting decisions.
Responsibilities
- Own the development, testing, and ongoing maintenance of quantitative risk models, including VaR, SVaR, broad-based stress testing, and single-stock stress testing
- Update models as market conditions and regulatory requirements evolve
- Write and maintain clear methodology documentation for every model used in day-to-day stakeholder decisions
- Apply knowledge of CIRO 5000 margin rules to model margin requirements and capital impacts under stressed conditions
- Develop production-quality code across multiple programming languages to build, maintain, and improve model infrastructure
- Work cross-functionally with margin, delinquency, and dynamic risk reporting teams to support risk-cognizant decision-making
- Translate complex model outputs into clear, actionable guidance
- Identify and proactively flag model performance issues, including inaccurate or non-meaningful outputs
- Potentially lead a small team and be evaluated for a Senior Manager position depending on qualifications and skills
Requirements
- 7 to 10 years of experience in a quantitative risk or quantitative analytics role within financial services
- Preferably experience in a CIRO-regulated brokerage environment
- Hands-on model development experience across VaR, SVaR, broad-based stress testing, and single-stock stress testing
- Deep knowledge of markets, trading instruments, and valuation principles across equities, options, futures, and fixed income
- Deep understanding of CIRO 5000 margin rules and ability to model margin requirements and capital impacts under stressed conditions
- Expert-level proficiency in at least one quantitative programming language, such as Python or R, with demonstrated ability to develop production-quality code
- Strong written communication skills and ability to produce clear methodology documentation for technical and non-technical audiences
- Ability to work independently on complex technical problems and deliver under tight deadlines
- Ability to lead a small team
- Legally eligible to work in Canada
- Direct experience building capital impact models using CIRO 5000 margin rules and 7–10 years of quantitative risk experience in a Canadian brokerage environment
- Independently built and documented a VaR, SVaR, or stress testing model from scratch using production-quality Python or R
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
- Work outside Canada for up to 90 days per year
- Employee resource groups, including Rainbow (2SLGBTQ), Women of WS, and Black at WS
- Collaboration with talented, curious, and driven teammates
- Accessible hiring experience and accommodations throughout the interview process
Job title
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Degree requirement
No Education Requirement
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