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Associate, Investing Operations (Corporate Actions)

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  • Job
    Full-time
    Junior Level
  • Business, Operations & Strategy
    Banking & Finance
  • Canada
    Remote

Requirements

  • Has 1+ years experience working at a broker-dealer handling back office corporate action processing for equities and options (IIROC-regulated dealer is preferred).
  • Has experience working with CDS and DTCC.
  • Possesses strong Excel skills.
  • Has completed or is pursuing industry courses (CSC, DFC, DFOL etc.)
  • Has experience (or familiarity) with programming - this is a plus (especially SQL).
  • Is organized with strong attention to detail, is comfortable working with large datasets, and can meet tight deadlines.
  • Has great people skills and a positive attitude. You will be working in a highly collaborative environment.
  • Is naturally curious: if something seems off, you want to figure out what’s going on.
  • Is passionate about technology, specifically fintech.

Responsibilities

  • Be a key member of the Corporate Actions team; this team is responsible for processing corporate actions on clients' accounts.
  • Work directly with motivated Operations Associates to ensure the accuracy of our records for clients.
  • Take ownership of critical tasks escalating to the trade desk, securities lending teams, management and other teams as necessary to reduce risk.
  • Analyze the impact and changes required to the corporate actions and dividends processes for new product launches.
  • Troubleshoot, manage and proactively resolve reconciliation differences.
  • Use data to identify inefficiencies and propose solutions.
  • Develop processes to increase the efficiency of our back-office operations.

FAQs

What is the primary responsibility of the Associate, Investing Operations (Corporate Actions) role?

The primary responsibility is to be a key member of the Corporate Actions team, processing corporate actions on clients' accounts and ensuring the accuracy of records for clients.

Is experience in corporate action processing required for this position?

Yes, we are looking for someone with 1+ years of experience working at a broker-dealer handling back office corporate action processing for equities and options.

What tools or systems will be used in this role?

The role involves working with systems related to CDS and DTCC, and proficiency in Excel is required. Familiarity with programming, particularly SQL, is also a plus.

Will I need to work collaboratively with other teams?

Yes, collaboration is key in this role, as you will be working directly with motivated Operations Associates and need to escalate tasks to various teams, including the trade desk and management.

What educational qualifications are preferred for this role?

Candidates should have completed or be pursuing industry courses such as CSC, DFC, or DFOL.

Is there support for professional development and wellness?

Yes, employees receive up to $1,500 per year towards wellness and professional development, alongside competitive health benefits.

How many vacation days do employees receive?

Employees receive 20 vacation days per year, along with unlimited sick and mental health days.

What kind of work environment can I expect?

You can expect a highly collaborative environment where teamwork and positive attitudes are valued, as well as a remote-first work setting.

Does Wealthsimple have a commitment to diversity and inclusion?

Yes, Wealthsimple strongly encourages applications from everyone regardless of various demographics and is dedicated to building a diverse team.

What accommodations are available for candidates during the interview process?

Wealthsimple provides an accessible candidate experience and encourages candidates to request accommodations or adjustments during the interview process as needed.

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