Job Description
As the Team Lead, you will head a new function within Brokerage Risk Operations: Derivatives Risk Remediation, executing risk remediation activities for complex trading products. You'll manage a team of Associates and serve as the execution arm for policies set by stakeholders. Responsibilities include closing client positions, monitoring expiration and early assignment risk of options, and remediating exposures. You should monitor for and remediate uncovered option positions and actively monitor client portfolios for option strategies outside their approved trading levels. Maintaining comprehensive and current policies and procedures for the team is essential, along with establishing, tracking, and ensuring adherence to SLAs for risk remediation activities.
About Wealthsimple
The Brokerage Risk Operations team is responsible for the daily monitoring and remediation of market and credit-related risks within client margin trading accounts.