Specialist, Margin Supervision
BUILD SOMETHING PEOPLE LOVE
Wealthsimple's mission is to help everyone achieve financial freedom – by making financial services simple, transparent, and low-cost. We're Canada's largest fintech, trusted by over 3 million clients with more than $100 billion in assets. We move fast, we own our work, and we care deeply about the people using our products. If that sounds like you, keep reading.
We're proud of what we've built — and we're just getting started. Read our Culture Manual and learn more about how we work
ABOUT THE ROLE
We are seeking a Specialist, Margin Supervision to perform supervisory activities for our margin lending business and effectively manage regulatory, financial, and reputational risk to the business.
WHAT YOU'LL DO
- Support the margin team as a developing subject matter expert on margin lending, derivative instruments, and complex products within margin accounts; assist with agent escalations and technical margin inquiries while building expertise through mentorship from senior team members.
- Monitor market, credit, and concentration risk at dealer and client levels real-time; identify potential high-risk areas and contribute to the development of risk mitigation strategies.
- Continuously monitor market conditions, volatility, and portfolio exposures to identify emerging risks; exercise sound judgment to make time-sensitive decisions that rapidly redirect supervision efforts toward affected accounts and implement enhanced oversight protocols in response to changing market conditions while effectively mitigating risk.
- Support the development and testing of risk models that measure potential losses under various market conditions; apply analytical skills to validate model outputs and identify trends.
- Develop working knowledge of CIRO Business Conduct and Financial Operations regulations; assist in analyzing rule requirements and commun...