Wealthsimple Technologies is looking for an Associate, Credit Risk Operations to join our team. In this role, you will be a key member of our Options clearing team, directly responsible for the Options life cycle management. You’ll own and scale processes intelligently to manage billions of dollars while delivering extraordinary client experiences and upholding our standards as a compliance leader.
What You'll Do
- Be a key member of the Options clearing team, responsible for Options life cycle management.
- Execute daily operational critical activities related to options reconciliations, settlements, and expiration.
- Work directly with motivated Operations Associates to ensure the accuracy of client records.
- Take ownership of critical trade and position reconciliations, escalating to the trade desk, counterparties, and other teams as necessary to reduce risk.
- Handle Options Exercise & Assignments reconciliations and postings.
- Troubleshoot, manage, and proactively resolve reconciliation differences.
- Use data to identify inefficiencies and propose solutions.
- Develop processes to increase the efficiency of our back-office operations.
What We're Looking For
- You have 2+ years of experience working at a broker-dealer, managing back-office reconciliations and settlement responsibilities for Equities, Options or Futures at a registered investment dealer.
- You are passionate about technology, specifically fintech.
- You are organized with a strong attention to detail and are comfortable working with a large set of data, with the ability to meet tight deadlines.
- You possess strong Excel skills.
- You are naturally curious: if something seems off, you want to figure out what’s going on.
- You have excellent communication and collaboration skills, and thrive in a cross-functional environment.
- You are available to support early and late hours on rotating shifts as required by market events and settlement cycles.
Nice to Have
- You have completed or are pursuing relevant industry courses (CSC, DFOL, derivatives licensing, etc.).
- You have experience or familiarity with programming, especially SQL.
Technical Stack
- Excel
- SQL
Team & Environment
Join a high-bar, fast-paced team.
Benefits & Compensation
- Top-tier health benefits and life insurance
- Long-term group savings with employer match using our Wealthsimple for Business platform
- 20 vacation days + 4 wellness days per year, and unlimited sick and mental health days
- 90 days away program: Employees can work outside of Canada for up to 90 days per calendar year
- A wide variety of peer and company-led Employee Resource Groups
Work Mode
This is a remote-first position open to candidates across North America.
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.
