Senior Associate, Derivatives Risk Remediation

Who you are

You have a strong background in risk management, particularly in the context of derivatives and complex trading products. Your experience includes executing risk remediation activities and understanding market and credit risks. You hold essential certifications such as the Canadian Securities Course (CSC), Conduct Product Handbook (CPH), and Derivatives Fundamentals and Options Licensing Course (DFOL). You value collaboration and are committed to helping clients achieve financial freedom through transparent and low-cost financial services.

You thrive in a fast-paced environment where you can monitor and remediate risks effectively. Your analytical skills allow you to respond to changing market conditions and ensure compliance with established policies. You are detail-oriented and have a deep understanding of various complex option derivative strategies, including covered calls, secured puts, spreads, and naked strategies. You are also comfortable working with cross-functional teams to execute policies and procedures.

Desirable

Experience in a fintech environment is a plus, as is familiarity with margin lending and non-margin delinquent accounts. You are proactive in identifying potential risks and implementing solutions to mitigate them. Your ability to communicate effectively with stakeholders and team members is crucial for success in this role.

What you'll do

In this role, you will support the Brokerage Risk Operations team by executing risk remediation activities for complex trading products. You will monitor client self-directed accounts daily, ensuring that market and credit risks are managed effectively. Your responsibilities will include overseeing non-margin delinquent accounts and ensuring that positions with cash debit balances are closed promptly. You will also execute cross-account offsets before transferring accounts to collections, maintaining comprehensive risk coverage as the business expands into additional complex derivatives.

You will collaborate with cross-functional brokerage stakeholders to implement policies and procedures that align with the company's mission of providing transparent financial services. Your analytical skills will be essential in assessing risks and making informed decisions that impact the company's operations and client satisfaction. You will be expected to stay updated on market trends and regulatory changes that may affect risk management strategies.

What we offer

Wealthsimple offers a dynamic work environment where you can make a significant impact on the financial services industry. You will be part of a team that values collaboration, humility, and inclusivity. The company is committed to helping you grow your career and achieve your professional goals. You will have access to ongoing training and development opportunities to enhance your skills in risk management and financial analysis. Additionally, Wealthsimple provides competitive compensation and benefits to support your well-being and work-life balance.