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Stripe

Data Scientist, FX Quantitative Research

Stripe is hiring a Data Scientist, FX Quantitative Research in Toronto, Canada. Level rates it ; you can apply on Stripe.

Level's read on this job

  • Works on AI ●●●○ is how Level rates this data scientist role: the daily work is on AI products, without building the model.
  • The posting mentions Python, SQL and Machine learning among its tools and skills.
  • Level classes it as a senior role.
  • Stripe has 739 other open roles on Level.
  • Posted in the last few days.

AI in this role

Build quantitative models, forecasting systems, and risk frameworks for global foreign exchange operations at Stripe.

pythonsqlmachine-learning
ai-agentsquantitative-researchrisk-managementforecastinghedge-optimizationfinancial-modeling

Who we are

About Stripe

Stripe is a financial infrastructure platform for businesses. Millions of companies—from the world's largest enterprises to the most ambitious startups—use Stripe to accept payments, grow their revenue, and accelerate new business opportunities. Our mission is to increase the GDP of the internet, and we have a staggering amount of work ahead. That means you have an unprecedented opportunity to put the global economy within everyone's reach while doing the most important work of your career.

About the team

Data Science at Stripe is a vibrant community where data scientists and data analysts learn and grow together. The Treasury Finance Data Science team builds the models, risk frameworks, and decision tools behind how Stripe manages money at global scale: liquidity, funding, counterparty risk, and foreign exchange.

Stripe moves funds across 135+ currencies every day. That creates FX exposure from merchant flows, multi-currency balances, and entity funding. In this role, you'll be a thought partner and builder alongside Stripe's FX team. Together you'll develop the quantitative foundation for how Stripe measures, forecasts, and hedges FX exposure.

What you'll do

You'll be the senior quantitative lead for FX within Treasury Finance Data Science. You'll co-build with Treasury, the FX hedging team, Finance, and Engineering: shaping the research agenda, turning ideas into rigorous models, and building the systems that put those models to work. Data Science owns these systems. They produce the decision-critical outputs and analyses that the FX team and Treasury leadership rely on. This is a hands-on role. You'll design the methodology, write the code, and ship it into production.

Responsibilities

  • Partner with the FX team to build and evolve FX risk measurement: exposure aggregation across entities and currencies, VaR / Expected Shortfall, stress testing, and scenario analysis
  • Develop forecasting models for FX exposures and multi-currency cash flows. Quantify forecast uncertainty so it can inform hedge sizing and timing.
  • Co-design hedge optimization and decision frameworks with the FX team that weigh hedge cost, residual risk, P&L volatility, and liquidity constraints
  • Build ML and statistical systems for trading and risk (signal research, anomaly detection on flows, execution and cost analytics), and take them from prototype to production
  • Own the production systems that generate decision-critical FX outputs, partnering with Engineering on reliability, SLAs, monitoring, alerting, and incident response for risk-critical workflows
  • Partner deeply with Treasury Finance stakeholders to turn business questions into quantitative frameworks. Anticipate needs and help shape FX risk strategy rather than reacting to requests.
  • Produce clear, trusted analyses and reporting that inform Treasury and Finance leadership decisions, including leadership-level reporting such as MBRs and QBRs
  • Use AI tools (code assistants, LLM-based agents) to speed up modeling, analysis, and automation, while maintaining rigor, validation, and auditability
  • Raise the technical bar for FX quantitative work within Data Science: methodology standards, model validation, documentation, and mentoring other data scientists

Who you are

We're looking for someone who meets the minimum requirements to be considered for the role. If you meet these requirements, you are encouraged to apply. The preferred qualifications are a bonus, not a requirement.

Minimum requirements

  • BS/BA with 8+ years, MS/MA with 6+ years, or PhD with 3+ years of full-time experience in quantitative finance, risk modeling, quantitative research, or data science
  • Hands-on quantitative experience at a bank, asset manager, hedge fund, trading firm, or similar financial institution, with direct exposure to FX, rates, or market risk
  • Strong foundation in statistics, probability, and time-series modeling, plus working knowledge of risk measures (VaR, Expected Shortfall, stress testing) and hedging instruments (forwards, swaps, options)
  • Proficiency in Python and SQL. You write production-quality code, not just research scripts.
  • Experience taking models or analytical systems from research into production
  • Business acumen and the ability to turn complex analyses into clear, decision-ready insights
  • Ability to clearly communicate results and drive impact with cross-functional partners, including senior non-technical stakeholders
  • Ability to manage multiple projects at once, with strong attention to detail
  • Experience using AI tools to speed up modeling, analysis, and coding

Preferred qualifications

  • MS or PhD in a quantitative field (e.g., Quantitative / Mathematical Finance, Financial Engineering, Statistics, Mathematics, Physics, Computer Science, Economics, Operations Research)
  • Applied machine learning experience in trading or risk (e.g., forecasting, execution analytics, signal research, anomaly detection)
  • Experience with corporate treasury or balance-sheet FX: multi-entity exposure management, hedge programs, and treasury concepts such as liquidity, funding, and cash positioning
  • Experience building risk or decision systems with engineering standards: code review, testing, monitoring, and defined SLAs
  • Experience with distributed data tools (e.g., Spark) and workflow orchestration (e.g., Airflow, Flyte)
  • Prior experience at a growth-stage internet, fintech, or payments company
  • Experience creating leadership-level reporting, such as QBRs and MBRs
  • A builder's mindset, with a willingness to question assumptions and conventional wisdom
  • Interest in how data products enable automated and agentic workflows, and an understanding that model and data quality determine the reliability of every downstream decision

How we rate this

Data Scientist, FX Quantitative Research at Stripe rates 65 out of 100 for how much of the daily work is AI. That makes it Works on AI (AI Level 3 of 4). The level is about AI in the job, not seniority.

Classification

Works on AI. The daily work is on AI products, without building the model.

  1. ●●●● Builds AI80 to 100
  2. ●●●○ Works on AI60 to 79
  3. ●●○○ Uses AI40 to 59
  4. ●○○○ Little AI0 to 39

Levels come from how often the tools, models and workflows of the role are named in the posting itself. Read the description and count the AI tools, models and workflows it names.

Prepare for this job

Built from this posting and from similar jobs on Level.

Skills and AI tools this role asks for

AI agentsQuantitative ResearchRisk ManagementForecastingHedge OptimizationFinancial ModelingPythonSQL

Also common in data scientist jobs at this level

Pay

Typical data scientist job
$166k

This posting doesn't list pay. Use the typical data scientist figure when pay comes up. See data scientist jobs

Questions you could be asked

  1. How do you decide when an AI agent can act on its own versus asking for approval first?
  2. Tell me about a project where quantitative research was part of your work. What did you do?
  3. Tell me about a project where risk management was part of your work. What did you do?
  4. Tell me about a project where forecasting was part of your work. What did you do?
  5. Tell me about a project where hedge optimization was part of your work. What did you do?

Adapt your resume

  • List these exact terms on your resume: AI agents, Quantitative Research, Risk Management, Forecasting, and Hedge Optimization. An applicant tracking system matches the wording, not the idea.
  • Attach one line of real, concrete experience to at least one of them. A tool named with nothing behind it rarely survives a human read.
  • Show where AI is part of your daily process, not a one-off project. This role expects it to be a running habit.

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