[Remote] Trader, Portfolio Trading
Note: The job is a remote job and is open to candidates in USA. Wealthsimple is Canada's largest fintech, dedicated to simplifying financial services for over 3 million clients. The Trader role involves executing large block orders across Equities and ETFs, managing foreign exchange risk, and refining operational processes to ensure best execution for clients.
Responsibilities
- Execute daily ETF and FX order flow, ensuring best execution and that all trades are accurately posted and reconciled
- Build and improve monitoring processes to proactively catch issues before they reach clients
- Lead day-to-day trading operations for portfolio accounts by measuring, tracking, and improving workflows and associated processes
- Collaborate cross-functionally to identify and resolve gaps that could lead to accounts entering a non-tradable state
- Drive post-incident remediation alongside Portfolio Managers, Client Success, and Core Operations
- Create, optimize, and automate business processes to improve productivity, reduce errors, and lower transactional costs
- Implement and monitor metrics for critical operational and trading processes
- Partner with Core Operations, Data Science, and Engineering to continuously improve upstream and downstream workflows, including reconciliation, policy development, and procedure execution
- Troubleshoot issues end-to-end: identify root causes, resolve them, and build systems so they don't recur
Skills
- Capital markets fluency
- 1 to 2 years of experience in a Capital Markets or Banking environment, with an understanding of equity (ETFs specifically) and FX markets
- The Ideal candidate will have already completed CSI's Canadian Securities Course
- Pursuit of the CFA charter is a bonus
- Strong SQL and Excel skills are a must, and comfort with large data sets is essential
- Detail-oriented and process-driven, with the critical thinking to know when a process needs to be followed and when it needs to be rebuilt
- You take initiative, deliver with urgency, and lead by example whether you're building a new process from scratch or improving one that already exists
- You can distill complex ideas for any audience including management, engineering, or a client-facing partner
- You're excited by the challenge of scaling a business, comfortable with ambiguity, and find genuine satisfaction in solving complex problems
- You're happy to roll up your sleeves and help wherever you're needed
- Bloomberg experience is a plus
Benefits
- Top-tier health benefits and life insurance
- Long-term group savings with employer match, through Wealthsimple for Business
- 20 vacation days, 4 wellness days, and unlimited sick and mental health days per year
- 90 days away: work outside Canada for up to 90 days per year
Company Overview