Wealthsimple Technologies is looking for a Margin Supervision Specialist to perform supervisory activities for our margin lending business and effectively manage regulatory, financial, and reputational risk. You’ll join a team dedicated to reimagining what it means to manage money and help everyone achieve financial freedom.
What You'll Do
- Support the margin team as a developing subject matter expert on margin lending, derivative instruments, and complex products; assist with agent escalations and technical margin inquiries.
- Monitor market, credit, and concentration risk at dealer and client levels in real-time; identify potential high-risk areas and contribute to the development of risk mitigation strategies.
- Continuously monitor market conditions and portfolio exposures to identify emerging risks; exercise sound judgment to make time-sensitive decisions and implement enhanced oversight protocols.
- Support the development and testing of risk models that measure potential losses under various market conditions; apply analytical skills to validate model outputs and identify trends.
- Develop working knowledge of CIRO Business Conduct and Financial Operations regulations; assist in analyzing rule requirements and communicating compliance obligations to internal stakeholders.
- Collaborate with Product, Engineering, Compliance, Finance, Risk, and Operations teams to support risk assessments and identify operational, compliance, and capital requirements for new and existing products.
- Assist in implementing and maintaining processes, policies, and procedures that support CIRO regulatory compliance and address capital adequacy requirements; contribute ideas for process improvements.
- Conduct detailed reviews of transfer activities to evaluate risk exposure, validate control effectiveness, and ensure adherence to established policies.
- Utilize professional judgement to assess security risk profiles and set dynamic margin rates responsive to volatility and liquidity conditions, maintaining adherence to CIRO regulatory requirements.
- Support balanced risk assessment by evaluating client and dealer impacts; contribute to the development of practical solutions that balance risk mitigation with product functionality and client experience.
- Prepare presentation materials and reports on margin lending activities for internal departments and management; develop clear summaries of complex risk data.
- Demonstrate initiative by identifying process gaps and contributing to team projects; take ownership of assigned tasks and see them through to completion.
What We're Looking For
- 1-3 years of experience in margin operations, risk management, compliance, or a related function at a CIRO-regulated investment dealer or financial services firm.
- Working knowledge of margin lending and derivative instruments with a developing understanding of strategy risks and payoff profiles; familiarity with CIRO IDPC margin requirements under Rules 3000, 4000, and 5000.
- Strong analytical capabilities with excellent attention to detail and solid problem-solving skills.
- Working proficiency in SQL for data extraction.
- Advanced Excel skills including formulas, pivot tables, and data analysis.
- Demonstrates sound judgment and composure when working in a fast-paced environment; able to manage multiple priorities and seek guidance when needed.
- Strong interpersonal and collaboration skills with ability to build effective relationships across teams; receptive to feedback.
- Clear communication skills with ability to explain technical concepts to diverse audiences; adapts messaging based on audience expertise.
Nice to Have
- Completion of or active enrolment in Investment Dealer Supervisor Course (IDSC), Derivatives Fundamentals and Options Licensing Course (DFOL), or other relevant CSI courses.
- CFA, CPA, or FRM pursuit considered an asset.
Technical Stack
- SQL
- Excel
Team & Environment
You will collaborate with Product, Engineering, Compliance, Finance, Risk, and Operations teams. Collaboration, humility, and an obsession over quality are how we get stuff done.
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.
