About the role

Aplyr's Quick Take

This role is about managing and executing risk remediation activities for complex trading products within the Brokerage Risk Operations team. It's an individual contributor position focused on ensuring compliance with established policies related to derivatives and margin lending.

Good fit

Ideal candidates will have a strong background in finance or risk management, with relevant certifications like CSC, CPH, and DFOL. They should be detail-oriented, able to work independently in a fast-paced environment, and comfortable with complex financial products.

Worth noting

The position requires specific certifications, which may limit the applicant pool. The role is remote, but the team is described as high-bar and fast-paced, which could be challenging for those not used to such environments.

Build something people love

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 and expensive and make them transparent and low-cost for everyone. We’re the largest fintech company in Canada, with 3+ million users who trust us with more than $100 billion in assets. And we’re just getting started.

We’re looking for someone who thinks big, sweats the small stuff and keeps things simple. You’ll join a high-bar, fast-paced team where people are trusted to own their work, communicate openly, and ship things that improve our clients’ lives. Collaboration, humility, and an obsession over quality are how we get stuff done.

About the Team

The Brokerage Risk Operations team monitors and remediates market and credit risks in client self-directed accounts on a daily basis, responding to changing market conditions. The team also oversees non-margin delinquent accounts, ensuring positions with cash debit balances are closed promptly, and cross-account offsets are executed before transferring accounts to collections.

We are seeking a Senior Associate, Derivative Risk Remediation to support day-to-day functions within Brokerage Risk Operations. This role involves executing risk remediation activities for complex trading products, including margin lending and various complex option derivative strategies (e.g., covered calls, secured puts, spreads, and naked strategy), in accordance with established policies. As our business expands into additional complex derivatives, the team is expected to grow to maintain comprehensive risk coverage. Ultimately, the successful candidate will serve as the execution arm for policies set by cross-functional brokerage stakeholders.

Please note - These certifications are a must have requirement:

-Canadian Securities Course (CSC)

-Conduct Product Handbook (CPH)

-Derivatives Fundamentals and Options Licensing Course (DFOL)

Skills & Tags

rust ai product

Aplyr's read

Wealthsimple is a fintech innovator making investing accessible, with a focus on financial literacy and inclusivity. Ideal for tech-savvy individuals passionate about democratizing finance.
Synthesized from recent postings & public sources

What's promising

•Wealthsimple's mission emphasizes financial literacy and inclusivity, appealing to socially conscious job seekers.
•The company offers diverse roles, from software development to financial reporting, indicating growth and varied career paths.
•Wealthsimple's focus on AI and data science suggests a forward-thinking approach to financial technology.

What to watch

•The competitive fintech space may challenge Wealthsimple's market share and growth.
•Rapid expansion could strain resources and affect company culture.
•Limited public information about employee satisfaction and work-life balance.

Why Wealthsimple

•Wealthsimple's commitment to making investing accessible sets it apart in the fintech industry.
•Their emphasis on financial literacy aligns with a broader social mission.
•A diverse range of recent hires indicates a dynamic and evolving workplace.

Aplyr’s read is generated by AI from public sources. Was it useful?

About Wealthsimple

Wealthsimple

wealthsimple.com

View company

Wealthsimple is a financial technology company that offers investment management, savings, and financial planning services. They aim to make investing accessible and straightforward for everyone, promoting financial literacy and inclusivity.