Your career is an investment that grows over time!
Wealthsimple is on a mission to help everyone achieve financial freedom by
reimagining what it means to manage your money. Using smart technology, we take
financial services that are often confusing, opaque and expensive and make them
transparent and low-cost for everyone. We’re the largest fintech company in
Canada, with over 4 million users who trust us with more than $80 billion in
assets.
Our teams ship often and make an impact with groundbreaking ideas. We're looking
for talented people who keep it simple and value collaboration and humility as
we continue to create inclusive and high-performing teams where people can be
inspired to do their best work.
As the Manager, Collateral Management, you will report to the Senior Manager of
Cash & Collateral Management and will be responsible for collaborating with a
number of stakeholders to further build out our collateral management
capabilities for existing products, as well as prepare for new product launches.
You will lead the day-to-day collateral processes, design and implement
collateral transformations for optimization, and manage key counterparty
relationships.
This role presents a unique opportunity for you to make a significant impact on
Wealthsimple's financial operations, contribute to our growth and success, and
leverage your expertise in a dynamic and rapidly evolving industry. We manage
billions of dollars, so the stakes are high. At Wealthsimple, we are
maker-owners, we believe that simple is better, and we do what's right for each
client.
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In this role you'll have the opportunity to
- Manage day-to-day collateral processes with a focus on meeting daily
collateral calls and supporting treasury money movements that power our
products.
- Oversee and implement robust risk mitigation strategies for the team,
balancing speed with the need for adequate controls.
- Manage our collateral sources and uses; contribute to the implementation of
an optimization engine.
- Design and implement collateral management procedures for new products and
initiatives.
- Work with stakeholders to forecast and anticipate growth in collateral
requirements, and develop a playbook to operationalize this.
- Maintain and build strong relationships with counterparties, acting as a key
contact for middle and back-office functions.
- Problem-solve and collaborate with multiple stakeholders—including Product,
Engineering, Trading, Treasury, and Finance—to support the launch and scale
of new products.
- Build processes, establish metrics, and stand up a structure that provides
visibility into holistic collateral needs across the brokerage.
- Ensure compliance with all IIROC, GMSLA, and other regulatory requirements.
What you'll bring
- Experience: 5+ years of experience in a collateral management, treasury
operations, or securities finance role. Direct experience working with
Clearing House collateral (OCC/CME/CDCC). Experience implementing a
Collateral Management System is a strong asset.
- Problem Solving: You proactively identify issues impacting the team and lead
the development of well-supported solutions. You enjoy navigating uncertainty
and bringing clarity to ambiguity.
- Data & Analytics: A history of using data to answer complex problems and
inform decisions. SQL and financial modeling skills are an asset.
- Organization & Planning: You plan, organize, and schedule efficiently. You
are effective at prioritizing for the team, balancing day-to-day execution
with project work.
- Collaboration: Excellent interpersonal skills and a willingness to work in
collaboration with various team members, with a track record of contributing
to cross-functional projects.
- Strong Written & Verbal Communication: You speak plainly and truthfully. You
can communicate complex ideas in a simple and easy-to-understand way for any
audience.
- Proactive & Action-Oriented: You act without being told what to do, take full
ownership of your work, and proactively seek help and input when needed.
- High-Level Judgment: You exercise strong judgment in complex situations,
making informed decisions and anticipating potential consequences for your
projects.
- Honesty/Integrity: doesn't cut corners; does what is right, not what is
politically expedient.
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Why Wealthsimple?
🤑 Competitive salary with 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
🌎 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
We’re a remote-first team, with over 1,000 employees coast to coast in North
America. Be a part of our Canadian success story and help shape the financial
future of millions — join us!
Read our Culture Manual [https://www.wealthsimple.com/en-ca/culture/] and learn
more about how we work. [https://www.wealthsimple.com/en-ca/about/work-with-us]
Technology & Innovation at Wealthsimple
We believe the future belongs to those who innovate boldly. At Wealthsimple,
every team member is expected to lean into new technologies, including AI, and
tooling to rethink how we work, solve problems faster, and create even greater
value. We're looking for people who are not just comfortable with change but
energized by it. Our commitment is to build a company that evolves at the pace
of the world around us, and we want you to help lead that future.
DEI Statement
At Wealthsimple, we are building products for a diverse world and we need a
diverse team to do that successfully. We strongly encourage applications from
everyone regardless of race, religion, colour, national origin, gender, sexual
orientation, age, marital status, or disability status.
Accessibility Statement
Wealthsimple provides an accessible candidate experience. If you need any
accommodations or adjustments throughout the interview process and beyond,
please let us know, and we will work with you to provide the necessary support
and make reasonable accommodations to facilitate your participation. We are
continuously working to improve our accessibility practices and welcome any
feedback or suggestions on how we can better accommodate candidates with
accessibility needs.
