Senior Associate – Options Clearing
| Company | Wealthsimple |
|---|---|
| Location | Toronto, ON, Canada |
| Salary | $Not Provided – $Not Provided |
| Type | Full-Time |
| Degrees | |
| Experience Level | Mid Level, Senior |
Requirements
- 3+ years experience working at a broker-dealer, handling back office reconciliations, option expiration responsibilities for options clearing is required (IIROC-regulated dealer is preferred)
- Strong Excel skills
- Organized with a strong attention to detail and comfortable working with a large set of data with the ability to meet tight deadlines
- Availability to support early and late hours in rotating shifts
- Have completed or are pursuing industry courses (CSC, DFOL etc)
- Experience or familiarity with programming a plus (especially SQL)
Responsibilities
- Be a key member of the Options clearing team, responsible for Options life cycle management
- Be responsible for daily execution of all operational critical activities related to options reconciliations, settlements and expiration
- Work directly with motivated Operations Associates to ensure the accuracy of the records we hold for clients
- Take ownership of critical trade and position reconciliations escalating to the trade desk, counterparties and other teams as necessary to reduce risk
- Be a subject matter expert on how options are cleared through direct experience with the CDCC using SOLA and OCC
- Troubleshoot, manage, and proactively resolve reconciliation differences
- Use data to identify inefficiencies and propose solutions
- Develop processes to increase the efficiency of our back-office operations
Preferred Qualifications
- Passionate about technology, specifically fintech
- Awesome people skills and a positive attitude
- Naturally curious: if something seems off, you want to figure out what’s going on