Senior Associate

Summary

Join Wealthsimple's Options clearing team as a key member responsible for the daily execution of operational activities related to options reconciliations, settlements, and expiration. You will work with other Operations Associates to ensure data accuracy, take ownership of critical trade and position reconciliations, and serve as a subject matter expert on options clearing. This role requires troubleshooting, process development, and identifying inefficiencies using data analysis. The ideal candidate will have 3+ years of experience in a broker-dealer setting with back-office reconciliation and option expiration responsibilities. Wealthsimple offers a competitive salary, top-tier health benefits, retirement savings matching, generous paid time off, professional development budget, and a remote-first work environment.

Requirements

• Have 3+ years experience working at a broker-dealer, handling back office reconciliations, option expiration responsibilities for options clearing is required (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
• Availability to support early and late hours in rotating shifts
• 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, the team is responsible for Options life cycle management
• Be 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
• 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

• Knowledge of Options Exercise and Assignments and CDS/DTCC is beneficial
• Have 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