Description
Wealthsimple is Canada's leading financial innovator, offering simple and sophisticated financial products across various sectors. The company serves over 4 million Canadians and manages over $169 billion in assets.
The Options Clearing team is part of Brokerage Operations, responsible for executing client trades and managing the options life cycle. As an Associate, Options Clearing, you will play a critical role in ensuring the accuracy and efficiency of daily reconciliations, settlements, and expirations.
Responsibilities
- Own daily reconciliation, settlement, and expiration processing across the options book, identifying and resolving issues before they impact clients.
- Act as a subject matter expert on OCC and CDCC clearing, including SOLA, covering exercises, assignments, and institutional options transfers.
- Collaborate with the Trade Desk, engineering, and other operations teams to resolve trade and position discrepancies and reduce risk.
- Utilize data analysis tools, such as pivot tables, lookups, and SQL, to identify inefficiencies and implement improvements.
- Develop and enhance tools and workflows to enable the team to scale with growing options volumes.
- Create processes to increase the efficiency of back-office operations.
Requirements
- 2+ years of experience in back-office reconciliations, settlements, or options clearing at a broker-dealer or registered investment dealer.
- Comfortable working with large datasets, identifying breaks, and explaining causes.
- Working knowledge of SQL or willingness to learn quickly.
- Availability to support early and late hours on a rotating basis around market events and settlement cycles.
- Strong communication skills, with the ability to work effectively with trading, product, and operations teams.
Nice to Have
- Progress toward or completion of CSC, DFOL, or similar industry courses.
- Familiarity with CDS or DTCC settlement.
- Experience with Claude AI or Claude Code.
Who You Are
- Naturally curious, with a desire to understand and resolve issues.
- Reliable and clear in your communication, building trust with colleagues.
- Organized and detail-oriented, with the ability to work accurately under tight deadlines.
- Willing to escalate issues promptly when necessary.
- Genuinely interested in the intersection of markets and technology.
Why Wealthsimple?
- Competitive salary: CA$54.4K - CA$68K
- Top-tier health benefits and life insurance
- Long-term group savings with employer match
- 20 vacation days, 4 wellness days, and unlimited sick and mental health days per year
- 90 days away: work outside Canada for up to 90 days per year
- Employee resource groups and a hybrid team environment