Wealthsimple is hiring a
Senior Associate, Remote - Canada

Summary

The job is for a Securities Lending Operations Associate at Wealthsimple, a fintech company. The role involves managing daily securities lending processes, collaborating with various teams, interacting with counterparties, supporting billing and month-end processes, and more.

Requirements

• Have 3-5 years experience working at a broker-dealer, banks, capital markets or pension funds
• Have a finance, accounting, business or similarly technical background
• Demonstrable understanding and/or experience in trade lifecycle management, or trade capture and enrichment within an Operations/Middle Office team
• Settlements background, experience with CDS and DTC
• Are capable of operating within tight deadlines and possess good business judgment. You can multitask, and manage your time well
• Are passionate about technology, specifically fintech
• Identify, implement, and maintain internal controls with a view to mitigate operational and financial risks
• Are organized with a strong attention to detail and be comfortable working on multiple priorities with the ability to meet tight deadlines
• Have strong collaboration skills and a positive attitude, proven ability to structure communications, both written and verbal, clearly and succinctly
• Are naturally curious: if something seems off, you want to figure out what’s going on
• Strong communication skills; you’ll be working with front office (trading) and external counterparties; ​​may lead, coordinate or supervise other workers in this group
• Ability to work under strict deadlines and juggle competing priorities

Responsibilities

• Join the Operations team, and work directly with our Manager, Securities Lending Operations and other Operations Associates to execute on daily securities lending processes
• Support daily trade ticketing and enrichment process for various products such as equity swaps and securities financing trades in a timely and accurate manner
• Work to ensure timely loan, return and recalls settlement, and resolve related issues
• Collaborate with traders, product managers, engineering and other operations teams to ensure effective and timely trade flow and settlement
• Interact with counterparties via email on on calls to execute on loans and recalls
• Support billing and month end processes
• Be able to represent Wealthsimple with external parties (counterparties) and build relationships within industry
• Support the treasury team with cash movements, credit limit monitoring
• Support internal/external auditing process and collaborate with internal recon team
• Support the onboarding of new counterparties
• Work closely with the Product and Engineering teams on process improvements involving vendors selection and automation builds
• Operate database management systems to analyze data and perform data mining analysis to improve team efficiency
• Write/modify macro scripts related to automation procedures and collaborate with engineering team

Preferred Qualifications

• Experience with any of the following would be an asset: Preset, Equilend, Bloomberg, SQL, Notion
• Currently holding or working on CSC, CFA, or other capital market-related certifications/designations

Benefits

• Competitive salary with top-tier health benefits and life insurance
• Retirement savings matching plan using Wealthsimple Work
• 20 vacation days per year and unlimited sick and mental health days
• Up to $1,500 per year towards wellness and professional development budgets respectively
• 90 days away program: Employees can work internationally in eligible countries for up to 90 days per calendar year
• A wide variety of peer and company-led Employee Resource Groups (ie. Rainbow, Women of Wealthsimple, Black @ WS)
• Company-wide wellness days off scheduled throughout the year