Data Scientist - Investing
To see similar active jobs please follow this link: Remote Consulting jobs
The Wealthfront Data Science Team utilizes our rich financial and behavioral data to influence key product and marketing decisions, as well as to safeguard our client’s information and assets. The team draws from backgrounds in Computer Science, Statistics, Operations Research, Economics, and Natural Sciences. We value analytical rigor, clear communication, and proactivity. We believe that good ideas can come from anywhere and encourage Data Scientists to pursue self-directed explorations in search of business value.
The Data Scientist in this role will be primarily embedded within Wealthfront’s Investing area. The vision of this area is to enable our clients to confidently grow, preserve, and manage their wealth by making the most effective investing strategies more convenient, accessible, and affordable.
Potential project areas for this role include (but are not limited to):
• Analysis of client and prospect behavior such as funnel drop-off, cross-product-adoption, deposit patterns, asset allocation, and product usage
• Opportunity sizing for new productsCreating dashboards to visualize and track product and area metrics
• Building pipelines to ingest and organize data
• Collaborating on blog posts discussing Wealthfront products and general investing
• Research and development of predictive models to forecast product interest and demand
Responsibilities
Formulate project plans with clear rationale, candidate approaches and milestones.
Employ a high degree of mathematical rigor and best practices for software development.
Collaborate with cross functional stakeholders to identify key initiatives for the Investing area and champion the role of Data Science within these initiatives.
Formulate project plans with clear rationale, candidate approaches and milestones.
Guide execution of project plans with a combination of delegation and hands-on work.
Interpret and contextualize statistical results for business stakeholders and help translate numbers into recommendations.
Enhance overall Data Science team execution through hands-on help, design feedback and peer review.
Identify and formulate steps to automate repetitive manual work (toil).
Requirements
A Masters or a PhD degree in Computer Science, Statistics, Operations Research, or Natural Sciences with 4+ years of prior experience in a Data Science role. Exceptions to these requirements may be considered on a case-by-case basis.
Prior experience in financial services or knowledge of finance basics is helpful but not required.
Strong communication and collaboration skills and a record of partnering across organizations to sharpen project requirements. Sometimes this includes re-framing the original request to solve a more general problem with similar effort.
Hands-on mathematical and software engineering skills to execute on complex projects.
Proficiency in Python and SQL.
Desire and ability to mentor junior Data Scientists within the team by exemplifying math, engineering and technical communication skills.
Estimated annual salary range: $164,000 - $184,000 USD plus equity and a discretionary bonus.
Benefits include medical, vision, dental, 401K plan, generous time off, parental leave, wellness reimbursements, professional development, employee investing discount, and more!
About Wealthfront
Here at Wealthfront, our mission is to create a financial system that favors people, not institutions. We do this by leveraging technology to build powerful, low-cost, and easy-to-use financial products that help modern investors grow and manage their money.
We started with the ambition to transform the investment advisory business. By automating strategies typically reserved for the wealthy, we unlocked access to high quality investment advice for a digitally-native generation that was underserved by traditional institutions. Since then, we've expanded to a full suite of products designed to help our clients turn their savings into long-term wealth, including:
• A Cash Account that, through our partner banks, offers one of the highest annual percentage yields on uninvested cash in the industry, while providing instant and secure access to your money with no account fees and a full suite of checking features.
• A zero-commission Stock Investing Account with 50+ handpicked collections that help DIY investors discover new companies and make smarter investing decisions.
• Multiple automated investing portfolios designed to unlock tax savings through sophisticated strategies like fixed income, tax-loss harvesting, and direct indexing—which we offer at industry-leading low costs and accessible minimums.
Our award-winning products have attracted over 1 million clients who trust us with more than $80 billion of their hard earned savings—and we're far from done. If you’re inspired to help us reshape the financial industry as we create our next chapter, let’s talk!
For more information please visit www.wealthfront.com.We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
Please review our candidate privacy notice.
Disclosures: All investing involves risk, including the possible loss of principal. Tax-Loss Harvesting benefits vary depending on the client's entire tax and investment profile. Wealthfront doesn’t provide tax advice. The Cash Account is offered by Wealthfront Brokerage LLC (“Wealthfront Brokerage”), Member of FINRA/SIPC. Wealthfront Brokerage is not a bank. We convey funds to partner banks who accept and maintain deposits, provide the variable interest rate, and provide access to FDIC pass-through insurance. Investment management and advisory services–which are not FDIC insured–are provided by Wealthfront Advisers LLC (“Wealthfront Advisers”), an SEC-registered investment adviser. The checking features offered in the Wealthfront Cash Account are provided by Green Dot Bank, Member FDIC. Fees and Eligibility requirements may apply to certain checking features, please see the Deposit Account Agreement for details.
By “award-winning products”, please refer to www.wealthfront.com/reviews for more information. Wealthfront Corporation oversees Total Client Assets and Trusted Clients through Wealthfront Advisers and Wealthfront Brokerage. Wealthfront Advisers and Wealthfront Brokerage are wholly owned subsidiaries of Wealthfront Corporation.
About the job
Data Scientist - Investing
To see similar active jobs please follow this link: Remote Consulting jobs
The Wealthfront Data Science Team utilizes our rich financial and behavioral data to influence key product and marketing decisions, as well as to safeguard our client’s information and assets. The team draws from backgrounds in Computer Science, Statistics, Operations Research, Economics, and Natural Sciences. We value analytical rigor, clear communication, and proactivity. We believe that good ideas can come from anywhere and encourage Data Scientists to pursue self-directed explorations in search of business value.
The Data Scientist in this role will be primarily embedded within Wealthfront’s Investing area. The vision of this area is to enable our clients to confidently grow, preserve, and manage their wealth by making the most effective investing strategies more convenient, accessible, and affordable.
Potential project areas for this role include (but are not limited to):
• Analysis of client and prospect behavior such as funnel drop-off, cross-product-adoption, deposit patterns, asset allocation, and product usage
• Opportunity sizing for new productsCreating dashboards to visualize and track product and area metrics
• Building pipelines to ingest and organize data
• Collaborating on blog posts discussing Wealthfront products and general investing
• Research and development of predictive models to forecast product interest and demand
Responsibilities
Formulate project plans with clear rationale, candidate approaches and milestones.
Employ a high degree of mathematical rigor and best practices for software development.
Collaborate with cross functional stakeholders to identify key initiatives for the Investing area and champion the role of Data Science within these initiatives.
Formulate project plans with clear rationale, candidate approaches and milestones.
Guide execution of project plans with a combination of delegation and hands-on work.
Interpret and contextualize statistical results for business stakeholders and help translate numbers into recommendations.
Enhance overall Data Science team execution through hands-on help, design feedback and peer review.
Identify and formulate steps to automate repetitive manual work (toil).
Requirements
A Masters or a PhD degree in Computer Science, Statistics, Operations Research, or Natural Sciences with 4+ years of prior experience in a Data Science role. Exceptions to these requirements may be considered on a case-by-case basis.
Prior experience in financial services or knowledge of finance basics is helpful but not required.
Strong communication and collaboration skills and a record of partnering across organizations to sharpen project requirements. Sometimes this includes re-framing the original request to solve a more general problem with similar effort.
Hands-on mathematical and software engineering skills to execute on complex projects.
Proficiency in Python and SQL.
Desire and ability to mentor junior Data Scientists within the team by exemplifying math, engineering and technical communication skills.
Estimated annual salary range: $164,000 - $184,000 USD plus equity and a discretionary bonus.
Benefits include medical, vision, dental, 401K plan, generous time off, parental leave, wellness reimbursements, professional development, employee investing discount, and more!
About Wealthfront
Here at Wealthfront, our mission is to create a financial system that favors people, not institutions. We do this by leveraging technology to build powerful, low-cost, and easy-to-use financial products that help modern investors grow and manage their money.
We started with the ambition to transform the investment advisory business. By automating strategies typically reserved for the wealthy, we unlocked access to high quality investment advice for a digitally-native generation that was underserved by traditional institutions. Since then, we've expanded to a full suite of products designed to help our clients turn their savings into long-term wealth, including:
• A Cash Account that, through our partner banks, offers one of the highest annual percentage yields on uninvested cash in the industry, while providing instant and secure access to your money with no account fees and a full suite of checking features.
• A zero-commission Stock Investing Account with 50+ handpicked collections that help DIY investors discover new companies and make smarter investing decisions.
• Multiple automated investing portfolios designed to unlock tax savings through sophisticated strategies like fixed income, tax-loss harvesting, and direct indexing—which we offer at industry-leading low costs and accessible minimums.
Our award-winning products have attracted over 1 million clients who trust us with more than $80 billion of their hard earned savings—and we're far from done. If you’re inspired to help us reshape the financial industry as we create our next chapter, let’s talk!
For more information please visit www.wealthfront.com.We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
Please review our candidate privacy notice.
Disclosures: All investing involves risk, including the possible loss of principal. Tax-Loss Harvesting benefits vary depending on the client's entire tax and investment profile. Wealthfront doesn’t provide tax advice. The Cash Account is offered by Wealthfront Brokerage LLC (“Wealthfront Brokerage”), Member of FINRA/SIPC. Wealthfront Brokerage is not a bank. We convey funds to partner banks who accept and maintain deposits, provide the variable interest rate, and provide access to FDIC pass-through insurance. Investment management and advisory services–which are not FDIC insured–are provided by Wealthfront Advisers LLC (“Wealthfront Advisers”), an SEC-registered investment adviser. The checking features offered in the Wealthfront Cash Account are provided by Green Dot Bank, Member FDIC. Fees and Eligibility requirements may apply to certain checking features, please see the Deposit Account Agreement for details.
By “award-winning products”, please refer to www.wealthfront.com/reviews for more information. Wealthfront Corporation oversees Total Client Assets and Trusted Clients through Wealthfront Advisers and Wealthfront Brokerage. Wealthfront Advisers and Wealthfront Brokerage are wholly owned subsidiaries of Wealthfront Corporation.