Job Description

Serve as the execution arm for policies set by cross-functional brokerage stakeholders. Close client positions and/or apply appropriate account restrictions based on single stock and broad-based stress testing metrics to ensure that client exposures are within established stress guidelines, according to established policies and procedures. Close client positions at the direction of the Margin Supervision team, subject to ongoing market and credit risk considerations. Monitor expiration risk for options and ensure that in-house automated tools remediate option exposures. Serve as a critical backup to automated tools. Monitor early assignment risk of options and remediate exposures according to established procedures. Execute liquidation of short positions resulting from option assignment. The successful candidate will manage a team of Associates and serve as the execution arm for policies set by cross-functional brokerage stakeholders.

About Wealthsimple

Wealthsimple is on a mission to help everyone achieve financial freedom by reimagining what it means to manage your money.

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