[Hiring] Supervisor, Commerce Desk Compliance @Wealthsimple

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Your profession is an funding that grows over time!

Wealthsimple is on a mission to assist everybody obtain monetary freedom by reimagining what it means to handle your cash. Utilizing sensible expertise, we take monetary providers which might be typically complicated, opaque and costly and make them clear and low-cost for everybody. We’re the most important fintech firm in Canada, with over 4 million customers who belief us with greater than $70 billion in belongings.

Our groups ship typically and make an influence with groundbreaking concepts. We’re on the lookout for proficient individuals who hold it easy and worth collaboration and humility as we proceed to create inclusive and high-performing groups the place folks might be impressed to do their greatest work.

Concerning the Reg Crew

We’re looking out for a brilliant motivated and skilled Supervisor, Commerce Desk Compliance to hitch our rising Regulatory (Reg) group. You will report on to our Director, Securities & Enterprise Compliance Packages and be a key participant in shaping our compliance future.

This function is all about strategically growing, enhancing, and repeatedly bettering our commerce desk compliance packages. Past simply oversight, you may be essential in serving to us innovate within the retail buying and selling area, ensuring our cutting-edge monetary options will not be solely groundbreaking but additionally absolutely compliant with all related rules.

Our Reg group brings collectively a singular mix of authorized, compliance, and threat specialists. We’re pleased with how we creatively sort out robust regulatory challenges, our resourcefulness in navigating authorized modifications, our capability to adapt to market shifts, and our unwavering dedication to excessive integrity and ethics. Becoming a member of us means turning into a part of an agile and forward-thinking group devoted to each defending our operations and enabling sensible development.

Concerning the Function

  • The Supervisor, Commerce Desk Compliance can be liable for overseeing and making certain compliance with Canadian Funding Regulatory Group (CIRO) rules and different relevant buying and selling guidelines throughout all buying and selling actions carried out by the Funding Supplier.
  • Act because the compliance material professional on buying and selling guidelines, merchandise and necessities that influence the commerce desk and associated regulatory necessities for the Funding Supplier.
  • Construct robust collaborative relationships with Product, Buying and selling, Operations, Engineering and Finance groups to make sure compliant implementation of enterprise initiatives.
  • As Supervisor, Commerce Desk Compliance You’ll:

  • Present steerage on related buying and selling guidelines and their utility to Wealthsimple’s commerce desks for listed securities, choices and futures contracts
  • Evaluation and approve buying and selling methods, algorithms, and new buying and selling protocols for regulatory compliance
  • Lead the construct out and enhancement of monitoring of agency and shopper buying and selling actions to detect potential market abuse, manipulation, or regulatory violations
  • Conduct commerce desk compliance critiques of current procedures and develop remediation plans for any recognized points
  • Guarantee correct and well timed regulatory reporting of commerce knowledge to CIRO and different regulatory our bodies
  • Reply to and handle regulatory inquiries associated to commerce desk actions
  • Design and implement commerce desk compliance insurance policies, procedures, and controls together with however not restricted to the administration of automated order programs (AOS), supervision testing, buying and selling counterparty threat administration and supervision of Funding Representatives
  • Monitor threat controls like buying and selling limits, restricted lists, and shopper suitability necessities
  • Design and keep shopper supplies and disclosures referring to our order dealing with processes 
  • What You Convey:

  • 5+ years of expertise in a buying and selling or compliance function at a brokerage agency
  • In-depth information of Canadian securities rules, buying and selling guidelines, and market conduct necessities, together with however not restricted to the Common Market Integrity Guidelines, Guidelines of the Montréal Change and Guidelines of the varied U.S. choices and futures exchanges 
  • Sturdy understanding of commerce life cycle, execution venues, and order sorts
  • Expertise with commerce surveillance programs and regulatory reporting mechanisms
  • Completion of the Funding Supplier Supervisors Course (IDSC), Canadian Securities Course (CSC), Conduct and Practices Handbook (CPH), Dealer Coaching Course (TTC) and talent to be registered with CIRO as a Supervisor
  • Why Wealthsimple?

    🤑 Aggressive wage with top-tier well being advantages and life insurance coverage

    📈 Retirement financial savings matching plan utilizing Wealthsimple for Enterprise

    🌴 20 trip days per 12 months and limitless sick and psychological well being days

    📚 As much as $1,500 per 12 months in the direction of wellness {and professional} improvement budgets respectively 

    🛫 90 days away program: Workers can work internationally in eligible international locations for as much as 90 days per calendar 12 months 

    🌎 All kinds of peer and company-led Worker Useful resource Teams (ie. Rainbow, Girls of Wealthsimple, Black @ WS)

    💖 Firm-wide wellness days off scheduled all year long

    We’re a remote-first group, with over 1,000 staff coast to coast in North America. Be part of our Canadian success story and assist form the monetary way forward for tens of millions — be a part of us!

    Expertise & Innovation at Wealthsimple

    We consider the longer term belongs to those that innovate boldly. At Wealthsimple, each group member is anticipated to lean into new applied sciences, together with AI, and tooling to rethink how we work, clear up issues sooner, and create even better worth. We’re on the lookout for people who find themselves not simply snug with change however energized by it. Our dedication is to construct an organization that evolves on the tempo of the world round us, and we wish you to assist lead that future.

    DEI Assertion

    At Wealthsimple, we’re constructing merchandise for a various world and we’d like a various group to do this efficiently. We strongly encourage functions from everybody no matter race, faith, color, nationwide origin, gender, sexual orientation, age, marital standing, or incapacity standing. 

    Accessibility Assertion

    Wealthsimple offers an accessible candidate expertise. In case you want any lodging or changes all through the interview course of and past, please tell us, and we’ll work with you to offer the required help and make affordable lodging to facilitate your participation. We’re repeatedly working to enhance our accessibility practices and welcome any suggestions or options on how we will higher accommodate candidates with accessibility wants.



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