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Salary
$53k – $65k per year
Location
Remote/Hybrid (Toronto, Canada)
Employment
Internship
Overview
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Impact
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Wealthsimple is a Canadian financial services company headquartered in Toronto and founded in 2014. The firm provides a comprehensive digital platform for automated investing, commission-free stock and ETF trading, cryptocurrency exchange services, and high-interest chequing accounts. Operating primarily within the Canadian market, the company serves over four million clients and manages billions in assets through its suite of personal finance and wealth management tools.

Build something people love

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. Wealthsimple currently serves more than 4 million Canadians and holds over $155 billion in assets under administration. The company was founded in 2014 by a team of financial experts and technology entrepreneurs, and is headquartered in Toronto, Canada.

We're proud of what we've built - and we're just getting started. Read our Culture Manual and learn more about how we work.

Internships @ Wealthsimple

Location: Toronto, ON (Hybrid)

We offer 4-8 month internships designed for co-op students, non-co-op students, and recent graduates who are ready to ship impactful work. You'll join a high-performing team where you'll contribute to projects that are fundamentally changing how Canadians manage their money. We're committed to your growth, providing the mentorship and community you need to deepen your craft and leave better than you arrived.

Our internship program operates on a hybrid model out of our Toronto headquarters. You'll be in-office on Wednesdays and Thursdays to collaborate, connect, and learn in person, while maintaining the flexibility of remote work for the rest of the week.

This posting covers two roles: Software Development and Data Science Intern. Please apply to the one that best fits your interests.

Please note: the role you apply for is the role you will be assessed on throughout the interview process. We are unable to accommodate requests to switch between Software Development and Data Science tracks after submission.

Software Development Intern

Our engineering organization spans everything from product-focused pods to financial infrastructure, building the software that powers our entire suite of services. We operate with a platform-as-a-product mindset, leveraging microservices and an agile, high-iteration approach. With rigorous automated testing and a deployment frequency of 100+ times a day, we move fast while staying secure.

Our Teams:

  • Product Engineering: Drives the development of our core offerings across Investing, Banking, Lending & Marketing. This team builds intuitive and impactful features that empower millions to achieve their financial goals. If you're passionate about crafting user-centric solutions and seeing your work make a real difference, this is your team.

    • Main stack: React, Typescript, Ruby on Rails, Python

  • Platform Engineering: Empowers developers by providing the platforms, tools, and infrastructure needed to build and maintain fast, reliable, secure, and scalable systems. Teams include Reliability, Infrastructure, Data Foundations, Dev Tooling, Edge and AI Platform, built with a platform-as-a-product mindset.

    • Main stack: Typescript, Ruby on Rails, Python, Kubernetes, Snowflake

  • Book of Records (BOR): Builds the core financial building blocks powering our products, including a real-time ledger, and enables product teams to innovate with confidence.

    • Main stack: Java, Kotlin

Additional info on our technologies:

  • Python used across automation, data, and internal tooling

  • Hosted on AWS (RDS, Aurora, SQS, SNS, S3, Kafka)

  • Deploying code 100+ times a day with rigorous automated testing

  • Best-in-class tooling for profiling, logging, tracing, and experimentation

Data Science Intern

Data Science at Wealthsimple turns complex, real-world financial data into decisions, products, and experiences that help millions build wealth. We partner closely with Product, Engineering, and business leaders to design experiments, build models, and surface insights that shape what we ship.

Our Teams:

  • Agentic Analytics & Context Engineering

  • Banking & AI Products DSE

  • Growth & Investing Data Science

  • Enablement Data Science

  • Credit Analytics

  • Fraud & AML Countermeasures

Together, these teams cover the full range of our data work, from building the data infrastructure and tooling that power the business, to partnering directly with banking, growth, and investing product teams, to bringing decision science to our operational and financial backbone, to owning the analytics and machine learning behind credit and fraud risk. Wherever you land, you'll be working with real production data to help shape decisions that directly impact millions of clients.

Tech stack:

  • Python-first environment with Pandas, scikit-learn, NumPy, and Jupyter

  • SQL for data access and manipulation across large, production datasets

  • Statistical foundations across both frequentist and Bayesian approaches

  • Machine learning toolkit spanning regression, decision trees, and beyond

  • Experimentation infrastructure for A/B testing and causal inference at scale

Who We're Looking For

  • Take ownership without being asked. See something broken and fix it

  • Ship fast/frequently and know what's worth iterating on (and what to cut)

  • Tackle new, complex problems with curiosity and self-direction

  • Use AI tools in their workflow and are curious about what else is possible

  • Communicate clearly and care about the person on the other end of what they're building

  • Believe that debate, inclusivity, and transparency make for better products

The Interview Process

Applications close Sep 18th at 11:59 PM EST.

1. Application + Video Submission: Apply and submit a short video using the prompt in the application form.

2. Technical Interview: A 1-hour coding interview in the language you chose on your application form.

3. Final Interview: A 30 minute interview with an engineering or data science manager. Bring a project you're proud of and walk through your role, decisions, trade-offs, and lessons learned. We'll also discuss your collaboration style and how you approach learning and growth.

4. Offers: Offers extended!

Eligibility

  • Enrolled in a Canadian post-secondary institution (in your third year of study or later) or a new graduate (Within 6 months of your graduation date)

  • At least 2 paid software development/data science work terms completed

  • Legally authorized to work in Canada (Wealthsimple does not provide immigration or relocation support for interns)

Compensation & Equity

Base salary range: For this role, candidates can expect the following base salary range:

  • Term 1 students: CAD $74,000 - $78,000
  • Term 2 students: CAD $77,000 - $81,000
  • Term 3 students: CAD $80,000 - $84,000
  • Term 4 students: CAD $83,000 - $87,000
  • Term 5 students: CAD $86,000 - $90,000

Your current year of study and number of past internship terms will determine your salary band. Actual compensation within each band is based on skills, experience, and academic performance. Exceptional candidates may be considered above the top of their year's range.

Why Wealthsimple?

Top-tier health benefits and life insurance

Long-term group savings with employer match, through Wealthsimple for Business

20 vacation days, 4 wellness days, and unlimited sick and mental health days per year

90 days away: work outside Canada for up to 90 days per year

Employee resource groups, including Rainbow (2SLGBTQ), Women of WS, and Black at WS

We are a hybrid team with over 1,500 employees across North America. The people are one of the best parts of working here: you'll collaborate with incredibly talented, curious, and driven teammates who are deeply committed to doing great work.

ICYMI

Technology & Innovation at Wealthsimple: We move quickly and build thoughtfully. That means we're always looking for better ways to work - whether that's new tools, AI, or rethinking how we approach a problem. We don't expect you to have all the answers, but we do expect curiosity and a willingness to evolve alongside the products we're building.

Inclusion Statement: We're building products for a diverse world, and we need a diverse team to do it well. We strongly encourage applications from everyone, regardless of race, religion, colour, national origin, gender, sexual orientation, age, marital status, or disability status.

Accessibility Statement: We're committed to an accessible hiring experience. If you need any accommodations throughout the interview process, please let us know - we'll work with you to make sure you have what you need. We also welcome any feedback on how we can better accommodate candidates with accessibility needs.

AI in Hiring: We may use artificial intelligence (AI) tools to support parts of our hiring process, such as reviewing applications, analyzing resumes, or assessing responses. These tools assist our team but don't replace human judgment - all final hiring decisions are made by people. If you have questions about how your data is used, reach out to us.

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