Wealthsimple is hiring a
Senior Manager/Manager, Cash & Collateral

Summary

The job is for a Senior Manager/Manager in Collateral Management at Wealthsimple. The role involves managing collateral processes, designing procedures for new products, collaborating with stakeholders, and providing thought leadership. The ideal candidate should have relevant experience, strong organizational skills, data analytics capabilities, collaboration skills, excellent communication skills, problem-solving abilities, proactivity, efficiency, honesty/integrity, and be available to work from 7:00am-3:00pm EST.

Requirements

• Relevant Experience: Experience working in a collateral or cash management capacity
• Organization & Planning: plans, organizes, and schedules efficiently. You prioritize effectively, balancing day to day with project work
• Data & Analytics: a history of using data to answer complex problems and inform decisions. SQL & modeling skills are an asset
• Collaboration: excellent interpersonal skills and willingness to work in collaboration with various team members, as well as a track record of leading cross-functional projects
• Strong Written & Verbal Communication: speaks plainly and truthfully. Communicates complex ideas in a simple & easy-to-understand way for any audience (e.g. engineering, 3rd party vendors, growth/operational teams, executive team)
• Problem Solving: if something seems off, you want to figure out what’s going on; you enjoy navigating uncertainty, bringing clarity to ambiguity and don’t wait for a playbook to be written
• Proactive & Action Oriented: acts without being told what to do; takes full ownership of work, and proactively seeks help and input when needed to provide well-supported solutions
• Efficiency: the ability to produce significant output with minimum wasted effort; finds the path of least resistance to the problem definition, solution and execution
• Honesty/Integrity: doesn’t cut corners; does what is right, not what is politically expedient

Responsibilities

• Build and oversee our Collateral Management function
• Manage day-to-day collateral processes as well as cash settlement processes with a focus on meeting daily collateral calls and associated funding needs
• Manage our collateral sources and uses; and implement optimization engine to maximize for liquidity and economics
• Design and implement collateral management procedures for new products
• Work with stakeholders to forecast and anticipate growth in collateral requirements, and develop a playbook to operationalize this
• Problem-solve and collaborate with multiple stakeholders to support the launch and scale of new products, and to support scaling of existing ones
• Provide thought leadership and advise on key business decisions relating to collateral management
• Build processes, establish metrics and stand up a structure that provides visibility into holistic collateral needs across the brokerage

Preferred Qualifications

Special Requirements: available to work 7:00am-3:00pm EST

Benefits

• Competitive salary
• 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