Associate, Securities Lending Operations
Wealthsimple
full-time
Posted on:
Location Type: Hybrid
Location: Toronto • 🇨🇦 Canada
Visit company websiteJob Level
JuniorMid-Level
Tech Stack
SQL
About the role
- Join the Operations team and execute daily securities lending processes with Manager, Securities Lending Operations, Trading Desk and other Operations Associates
- Assist in maintaining positioning by processing returns from counterparties and supporting the loan recall process
- Ensure timely loan and return settlement and resolve related issues
- Collaborate with traders, product managers, engineering and other operations teams to ensure effective and timely trade flow and settlement
- Communicate with counterparties via email or on calls to execute loans and recalls, and resolve discrepancies
- Identify and resolve discrepancies in transactions
- Perform daily and monthly reconciliation of records and assist with audit requests
- Support front-office operations related to corporate actions and daily market movement
- Support billing and month-end processes
- Represent Wealthsimple in interactions with external counterparties and cultivate industry relationships
- Support the development of operational procedures as Wealthsimple builds out its Options business
- Support the treasury team with cash movements, including billing
- Support the onboarding of new counterparties
Requirements
- 3+ years of experience working at a broker-dealer, bank, capital markets firm or pension fund
- Capable of operating within tight deadlines and possess good business judgment
- Strong multitasking and time management skills
- Background in finance, accounting, business or a related technical field
- Strong technical skills in Excel, VLookup, pivot tables (macro is a nice-to-have)
- Passion about technology, specifically fintech
- Excellent organizational skills and attention to detail
- Ability to manage multiple priorities and meet deadlines
- Strong collaboration skills and a positive attitude
- Bias for action and a strong sense of curiosity
- Strong communication skills; experience working with front office (trading) and external counterparties
- Interest in learning about the Securities Lending business
- Nice to have: Securities lending background
- Nice to have: Working towards CFA, FRM
- Nice to have: Settlements background, experience with CDS(PTM) and DTCC
- Nice to have: Experience with Arrow, Equilend, FIS Loanet
- Nice to have: Proficiency in SQL and data analytics
Benefits
- 🤑 Competitive salary with top-tier health benefits and life insurance
- 📈 Retirement savings matching plan using Wealthsimple for Business
- 🌴 20 vacation days per year
- 💊 Unlimited sick and mental health days
- 📚 Up to $1,500 per year towards wellness budget
- 📚 Up to $1,500 per year towards professional development budget
- 🛫 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
- 🌐 Remote-first team with over 1,000 employees coast to coast in North America
- ♿ Accessible candidate experience and accommodations during interview process
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
ExcelVLookuppivot tablesmacroSQLdata analyticssecurities lendingsettlementsCDSDTCC
Soft skills
multitaskingtime managementorganizational skillsattention to detailcollaboration skillscommunication skillsbusiness judgmentpositive attitudecuriositybias for action
Certifications
CFAFRM