Portfolio Manager

Wealthsimple; United States; Remote; USD 120,000 - 180,000; Full time

Job summary

Wealthsimple is seeking a strategic asset allocation expert to lead investment initiatives. The role involves overseeing asset allocation processes, collaborating with various teams, and ensuring competitive product offerings. Join a remote-first team dedicated to financial innovation and inclusivity.

Benefits

Competitive salary with top-tier health benefits

Retirement savings matching plan

20 vacation days and unlimited sick days

$1,500 wellness and professional development budget

90 days away program

Company-wide wellness days off

Qualifications

• Minimum of 6 years of experience in strategic asset allocation or portfolio management.
• Ability to communicate investment concepts to stakeholders.

Responsibilities

• Oversee and evolve strategic asset allocation process.
• Establish investment guidelines and monitor performance.
• Partner with Product, Marketing, Sales, and Engineering teams.

Skills

Strategic investment expertise

Problem solving

Communication

Job description

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 Investment Research Team

The Investment Research Team is the heart of all Investment products designed by Wealthsimple. We deeply understand markets and financial securities, and develop best in class strategies and products that meet the needs of our expanding client base. Our expertise is equal parts analytical and strategic, both in deeply understanding how financial products and securities work, as well as building a vision for how we can apply those tools to further the financial freedom of our clients.

What You Will Do

• Fully own, oversee, and evolve our strategic asset allocation process through a data-driven analytical approach.
• Define approaches and establish investment guidelines for tactical adjustments to broad asset allocations.
• Identify optimal security selection and trade execution logic to ensure maximally efficient asset portfolios.
• Establish proper internal and external benchmarking, and monitor performance and attribute deviates relative to defined benchmarks.
• Develop an expert-level understanding of the asset allocation principles and practices among peers, competitors, and institutional allocators. Own and socialize an understanding of the retail wealth management product space to ensure our products are competitive in the marketplace.
• Partner with our Product, Marketing, Sales, and Engineering teams to lead work across some of Wealthsimple’s highest priority efforts
• Take ownership and ship it
• Work where you are (while our Canadian offices are located in Toronto, we are a remote-first workforce)

Who You Are:

• Strong strategic investment expertise
• Minimum of 6 years of experience in strategic asset allocation or portfolio management.
• Experience defining 2-3 year vision for the asset management / strategic portfolios
• Ability to communicate investment concepts and strategy to internal and external stakeholders (clients and business partners)
• Creative, independent, and driven problem solver
• Able to articulate their stance in a manner that effectively collaborates with different stakeholders
• Eager to teach and learn from your team. We value making each other successful!
• Is a lifelong learner. You’re constantly learning seeing 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.

Technology & Innovation at Wealthsimple

We believe the future belongs to those who innovate boldly. At Wealthsimple, every team member is expected to lean into new technologies, including AI, and tooling to rethink how we work, solve problems faster, and create even greater value. We're looking for people who are not just comfortable with change but energized by it. Our commitment is to build a company that evolves at the pace of the world around us, and we want you to help lead that future.

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.