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Associate, Securities Lending Operations
Location
Canada
Posted
7 days ago
Salary
CA$54K - CA$68K / year
Seniority
Mid Level
Job Description
Associate, Securities Lending Operations
Wealthsimple
• Join the Operations team, and work directly with our Senior Manager and Team Lead, Securities Lending Operations, Trading Desk, and other Operations Associates to execute on daily securities lending processes • Assist in maintaining positioning by processing returns from counterparties and supporting the loan recall process • Work to 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 on 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 we build out our Options business • Support the treasury team with cash movements, including billing • Support the onboarding of new counterparties
Job Requirements
- 3+ years of experience working at a broker-dealer, bank, capital markets firm, or pension fund
- A background in finance, accounting, business, or a related technical field, with strong business judgment and the ability to operate within tight deadlines
- Strong technical skills in Excel and Google Sheets, including formulas and pivot
Benefits
- Top-tier health benefits and life insurance
- Long-term group savings with employer match, through Wealthsimple for Business
- 20 vacation days, 4 wellness days, and unlimited sick and mental health days per year
- 90 days away: work outside Canada for up to 90 days per year
- Employee resource groups, including Rainbow (2SLGBTQ), Women of WS, and Black at WS
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