Senior Associate, Derivatives Risk Remediation
Wealthsimple
Marketing & Communications
Remote
CAD 69,600-87k / year + Equity
Posted on Jan 9, 2026
Build something people love
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 and expensive and make them transparent and low-cost for everyone. We’re the largest fintech company in Canada, with 3+ million users who trust us with more than $100 billion in assets. And we’re just getting started.
We’re looking for someone who thinks big, sweats the small stuff and keeps things simple. You’ll join a high-bar, fast-paced team where people are trusted to own their work, communicate openly, and ship things that improve our clients’ lives. Collaboration, humility, and an obsession over quality are how we get stuff done.
About the Team
The Brokerage Risk Operations team monitors and remediates market and credit risks in client self-directed accounts on a daily basis, responding to changing market conditions. The team also oversees non-margin delinquent accounts, ensuring positions with cash debit balances are closed promptly, and cross-account offsets are executed before transferring accounts to collections.
We are seeking a Senior Associate, Derivative Risk Remediation to support day-to-day functions within Brokerage Risk Operations. This role involves executing risk remediation activities for complex trading products, including margin lending and various complex option derivative strategies (e.g., covered calls, secured puts, spreads, and naked strategy), in accordance with established policies. As our business expands into additional complex derivatives, the team is expected to grow to maintain comprehensive risk coverage. Ultimately, the successful candidate will serve as the execution arm for policies set by cross-functional brokerage stakeholders.
Please note - These certifications are a must have requirement:
-Canadian Securities Course (CSC)
-Conduct Product Handbook (CPH)
-Derivatives Fundamentals and Options Licensing Course (DFOL)
Key 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
Required Certifications:
- Canadian Securities Course (CSC)
- Conduct Product Handbook (CPH)
- Derivatives Fundamentals and Options Licensing Course (DFOL)
Nice to Have Certifications:
- Futures Licensing Course (FLC)
- Investment Dealer Supervisor Course (IDSC)
- Options Supervisors Course (OPSC)
- Canadian Commodity Supervisors Exam (CCSE)
Compensation & Equity
🤑 Base salary range: For this role, candidates located in Canada can expect a base salary range of CAD $69,600 - $87,000. Actual compensation is determined based on skills, experience, and role level. Exceptional candidates may be considered above the top of the range, and pay can increase quickly for those who make a big impact in the role.
🚀 Total compensation: In addition to base salary, this role includes equity compensation. We use clear job levels and market-based salary bands to ensure compensation is fair and consistent across the company.
Why Wealthsimple?
🌸 Top-tier health benefits and life insurance
📈 Long-term group savings with employer match using our Wealthsimple for Business platform
🌴 20 vacation days + 4 wellness days per year, and unlimited sick and mental health days
✈️ 90 days away program: Employees can work outside of Canada for up to 90 days per calendar year
👥 A wide variety of peer and company-led Employee Resources Groups (e.g., Rainbow, Women of Wealthsimple, Black @ WS)
🌎 We’re a remote first team with over 1,500 employees across North America - and one of the best things about working here is the people. You’ll be collaborating with incredibly talented, curious, and driven teammates who care deeply about doing great work.
Be a part of our Canadian success story and help shape the financial future of millions.
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.
