Senior Associate - Securities Lending Operations

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 3 million users who trust us with more than $40 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.

Wealthsimple Operations Associates own and scale processes intelligently, with analytics, grit, and grace. We manage billions of dollars, so the stakes are high. We want to deliver extraordinary experiences that meet our client's on-demand expectations, while being a compliance leader. At Wealthsimple, we are maker-owners, we believe that simple is better, and we do what's right for each client.

In this role, you will:

• Join the Operations team, and work directly with our Manager, Securities Lending Operations and other Operations Associates to execute on daily securities lending processes. 

• Support daily trade ticketing and enrichment process for various products such as equity swaps and securities financing trades in a timely and accurate manner

• Work to ensure timely loan, return and recalls settlement, and resolve related issues

• Collaborate with traders, product managers, engineering and other operations teams to ensure effective and timely trade flow and settlement

• Interact with counterparties via email on on calls to execute on loans and recalls

• Support billing and month end processes

• Be able to represent Wealthsimple with external parties (counterparties) and build relationships within industry

• Support the treasury team with cash movements, credit limit monitoring

• Support internal/external auditing process and collaborate with internal recon team. 

• Support the onboarding of new counterparties 

• Work closely with the Product and Engineering teams on process improvements involving vendors selection and automation builds

• Operate database management systems to analyze data and perform data mining analysis to improve team efficiency

• Write/modify macro scripts related to automation procedures and collaborate with engineering team 

If you possess any of the following, we’d like to hear from you:

• Have 3-5 years experience working at a broker-dealer, banks, capital markets or pension funds. 

• Have a finance, accounting, business or similarly technical background

• Demonstrable understanding and/or experience in trade lifecycle management, or trade capture and enrichment within an Operations/Middle Office team.

• Settlements background, experience with CDS and DTC

• Are capable of operating within tight deadlines and possess good business judgment. You can multitask, and manage your time well

• Are passionate about technology, specifically fintech

• Identify, implement, and maintain internal controls with a view to mitigate operational and financial risks

• Are organized with a strong attention to detail and be comfortable working on multiple priorities with the ability to meet tight deadlines

• Have strong collaboration skills and a positive attitude, proven ability to structure communications, both written and verbal, clearly and succinctly

• Are naturally curious: if something seems off, you want to figure out what’s going on.

• Strong communication skills; you’ll be working with front office (trading) and external counterparties; ​​may lead, coordinate or supervise other workers in this group

• Ability to work under strict deadlines and juggle competing priorities

• Experience with any of the following would be an asset: Preset, Equilend, Bloomberg, SQL, Notion 

• Currently holding or working on CSC, CFA, or other capital market-related certifications/designations

Why Wealthsimple?

🤑 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

We’re a remote-first team, with over 1,000 employees coast to coast in North America. Be a part of our Canadian success story and help shape the financial future of millions — join us!

Read our Culture Manual and learn more about how we work.

DEI Statement

At Wealthsimple, we are building products for a diverse world and we need a diverse team to do that successfully. We strongly encourage applications from everyone regardless of race, religion, colour, national origin, gender, sexual orientation, age, marital status, or disability status. 

Accessibility Statement

Wealthsimple provides an accessible candidate experience. If you need any accommodations or adjustments throughout the interview process and beyond, please let us know, and we will work with you to provide the necessary support and make reasonable accommodations to facilitate your participation. We are continuously working to improve our accessibility practices and welcome any feedback or suggestions on how we can better accommodate candidates with accessibility needs.