Wealthsimple is hiring a
Senior Associate

Summary

The job is for an Options Clearing team member at Wealthsimple, a Canadian fintech company. The role involves managing options life cycle, reconciliations, settlements, and expiration, troubleshooting, and developing processes to increase efficiency. The ideal candidate has 3+ years of experience in a broker-dealer handling back office reconciliation responsibilities for options, is passionate about technology, organized with strong attention to detail, has awesome people skills, strong Excel skills, and is naturally curious.

Requirements

• Have 3+ years experience working at a broker-dealer handling back office reconciliation responsibilities for options, securities operations, treasury and securities lending programs (IIROC-regulated dealer is preferred)
• Are passionate about technology, specifically fintech
• Are organized with a strong attention to detail and be comfortable working with a large set of data with the ability to meet tight deadlines
• Have awesome people skills and a positive attitude. You will be working in a highly collaborative environment
• Possess strong Excel skills
• Are naturally curious: if something seems off, you want to figure out what’s going on
• Have completed or are pursuing industry courses (CSC, DFOL etc)

Responsibilities

• Be a key member of the Options clearing team
• Responsible for daily execution of all operational critical activities related to options reconciliations, settlements and expiration
• Work directly with motivated Operations Associates to ensure the accuracy of the records we hold for clients
• Take ownership of critical trade and position reconciliations escalating to the trade desk, counterparties and other teams as necessary to reduce risk
• Be a subject matter expert on how options are cleared through direct experience with the CDCC using SOLA and OCC. Knowledge of Options Exercise and Assignments along with CDS/DTCC is beneficial
• 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

Preferred Qualifications

Experience or familiarity with programming a plus (especially SQL)

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