Wealthsimple
Specialist, Derivatives Risk Remediation
Remote (Canada) · Senior
Sponsorship not specifiedDetected 61 days ago
PythonSQLJira
About the role
- This role is the operational backbone of the Derivative Risk Remediation team.
- You'll work closely with the Senior Specialist on cases that require a higher level of judgment, and you'll be a critical part of a small team where consistent coverage isn't optional - it's the whole point.
- Exposures and account states vary case by case, and no fixed playbook fits every situation.
Responsibilities
- Build and maintain monitoring tools using SQL, Python, and AI tooling - contributing to dashboards and maintaining automation scripts that surface daily risk views and exposure trackers.
- Apply CIRO IDPC margin rules to derivative positions in day-to-day decisions and escalate ambiguous or material cases to the Senior Specialist or Team Lead.
- Complete ad hoc trades and tasks as assigned by the Senior Specialist or Team Lead.
- 1-3 years in derivatives operations, risk, margin operations, or trading support at a CIRO-regulated dealer or equivalent
Requirements
- If you have questions about how your data is used, reach out to us.
Nice to have
- OPSC, IDSC, and CCSE certifications
- CFA or FRM candidacy
- Experience with futures and futures options
- Experience with JIRA, Notion, Slack, Oracle DB, ICE, FactSet, Preset, Apache Superset, or similar tools
- A reliable problem solver with sound judgment - able to make calculated, low-error decisions under time pressure where the cost of a mistake is immediate and quantifiable, and where the right action varies case by case
- Detail-oriented and consistent - you catch things others miss, and you take that responsibility seriously
- Someone who knows when to act and when to escalate - you don't let ambiguity stall you, but you're not too proud to bring in the Senior Specialist when a case warrants it
- Collaborative by default - you share context early, communicate clearly, and make the team around you more effective
Skills
- CSC, CPH, DFOL, and FLC (or equivalent CIRO new proficiency requirements), or CFA Level 1, are required to register as a supervisor
Compensation
- 🌴 20 vacation days, 4 wellness days, and unlimited sick and mental health days per year
Company info
- The Derivative Risk Remediation team (DRR) is a small team within Credit Risk Operations (CROPS) responsible for monitoring derivative exposures exceeding $1 billion, which is growing as the business expands its derivative offering.
- The team identifies and remediates derivative risk across Wealthsimple's retail book - before exposures become losses.
- We sit at the intersection of live market risk, regulatory compliance, and operational infrastructure, and we hold ourselves to a high bar on all three.
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This listing is sourced directly from Wealthsimple's careers page and normalized into a canonical job model.