Senior Associate, Options Clearing

Your career is an investment that grows over time!

Wealthsimple is on a mission to help everyone achieve financial freedom by reimagining what it means to manage your money. Using smart technology, we take financial services that are often confusing, opaque and expensive and make them transparent and low-cost for everyone. We’re the largest fintech company in Canada, with over 4 million users who trust us with more than $50 billion in assets.

Our teams ship often and make an impact with groundbreaking ideas. We're looking for talented people who keep it simple and value collaboration and humility as we continue to create inclusive and high-performing teams where people can be inspired to do their best work.

In this role you will:

• 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. 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.

We're looking for people who:

• 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)
• Have experience or familiarity with programming a plus (especially SQL).