Senior Specialist, Margin Supervision
Job Description
Description
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 $70 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.
The Margin Supervision team at Wealthsimple operates in a fast-paced, collaborative environment where priorities shift quickly to address market changes and client needs. We monitor client margin accounts, resolve deficiencies, and enhance processes all while embracing Wealthsimple’s Maker Owner and The Client culture values. The team takes naive ambition seriously, constantly seeking innovative approaches to risk management while working closely with various stakeholders such as product, compliance, and market risk to operationalize processes and contribute meaningfully to building the margin business.
In this role you will have the opportunity to:
- Monitor and manage risk within margin accounts holding complex derivatives based on established policies and procedures on a daily basis.
- Effectively implement risk mitigation strategies/solutions in a timely manner.
- Create and enhance policies and procedures to address complex derivatives within margin accounts keeping in mind all CIRO regulatory requirements.
- Monitor client level and firm level concentration risk, to ensure excessive concentration on securities is being managed appropriately by monitoring market conditions, liquidity, volatility, security specific fundamentals, and the results of stress tests.
- Monitor client margin accounts on a daily basis to ensure
Company
Wealthsimple
Location
Toronto
Country
Canada
Salary
100.000
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