[Remote] Senior Associate, Derivatives Risk Remediation

Note: The job is a remote job and is open to candidates in USA. Wealthsimple is a leading fintech company dedicated to helping individuals achieve financial freedom through innovative financial services. The Senior Associate, Derivatives Risk Remediation will support the Brokerage Risk Operations team by executing risk remediation activities for complex trading products and ensuring compliance with established policies. Responsibilities • Execute position closures and account restrictions based on stress testing metrics to maintain exposure within guidelines • Remediate uncovered options and short equity positions while monitoring accounts for unauthorized option strategies • Monitor expiration and early assignment risk, serving as backup to automated remediation tools • Coordinate with cross-functional teams on post-expiration assignments and execute liquidations of assigned short positions • Execute policies set by brokerage stakeholders and provide technical guidance on margin requirements and remediation actions • Prepare memos and presentations for senior stakeholders as needed • Identify policy gaps, train new associates, and establish/track SLAs for risk remediation activities • Support margin operations cross-functionally as required • Ad-hoc tasks and responsibilities as the team evolves Skills • Canadian Securities Course (CSC) • Conduct Product Handbook (CPH) • Derivatives Fundamentals and Options Licensing Course (DFOL) • Futures Licensing Course (FLC) • Investment Dealer Supervisor Course (IDSC) • Options Supervisors Course (OPSC) • Canadian Commodity Supervisors Exam (CCSE) Benefits • Top-tier health benefits and life insurance • Retirement savings matching plan using Wealthsimple for Business • 20 vacation days per year and unlimited sick and mental health days • Up to $1,500 per year towards wellness and professional development budgets respectively • 90 days away program: Employees can work internationally in eligible countries for up to 90 days per calendar year • Allocated number of Wellness Days that can be scheduled over the course of the year! Company Overview • Wealthsimple is a fintech company that offers digital financial services to help investors grow and manage their money. It was founded in 2014, and is headquartered in Toronto, Ontario, CAN, with a workforce of 1001-5000 employees. Its website is https://www.wealthsimple.com. Apply tot his job Apply To this Job