Logo of Huzzle

Home

Matches

Explore

Manage

Senior Associate, Investing Operations (Dividends)

image

Wealthsimple

14d ago

  • Job
    Full-time
    Senior Level
  • Business, Operations & Strategy
    Banking & Finance
  • Toronto
    Remote
  • Quick Apply

AI generated summary

  • You have 5+ years in broker-dealer dividend payments, experience with CDS/DTCC, strong Excel skills, industry courses, some programming knowledge, attention to detail, and a passion for fintech.
  • You will process corporate actions and dividends, ensure record accuracy, escalate issues, analyze impacts of new products, resolve reconciliations, identify inefficiencies, and develop efficient processes.

Requirements

  • - Has 5+ years experience working at a broker-dealer handling back office dividend payments (CIRO-regulated dealer is preferred).
  • - Has experience working with CDS and DTCC.
  • - Possesses strong Excel skills.
  • - Has completed or is pursuing industry courses (CSC, 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 and dividends 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 dividends processes for new product launches.
  • Be a subject matter expert on tax issues related to dividends.
  • 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 main responsibility of the Senior Associate, Investing Operations (Dividends) role?

The main responsibility is to be a key member of the Corporate Actions team, processing corporate actions and dividends on clients' accounts while ensuring accuracy and compliance.

What qualifications are required for this position?

Candidates should have 5+ years of experience at a broker-dealer handling back office dividend payments, experience with CDS and DTCC, strong Excel skills, and preferably completed or pursuing industry courses like CSC or DFOL.

Is programming experience beneficial for this role?

Yes, having experience or familiarity with programming, particularly SQL, is a plus for this role.

What kind of environment can I expect while working at Wealthsimple?

You can expect a highly collaborative environment where great people skills and a positive attitude are valued.

Are there opportunities for professional development in this position?

Yes, there are opportunities to analyze the impact of new product launches, develop processes for efficiency, and become a subject matter expert on tax issues related to dividends.

What benefits does Wealthsimple offer to employees?

Wealthsimple offers a competitive salary, retirement savings matching plan, generous PTO offerings, a 90-day away program, and various Employee Resource Groups.

How does Wealthsimple approach diversity and inclusion?

Wealthsimple strongly encourages applications from diverse backgrounds and is committed to building products for a diverse world, emphasizing the need for a diverse team.

Is the hiring process accessible to individuals with disabilities?

Yes, Wealthsimple provides an accessible candidate experience and is willing to make reasonable accommodations throughout the interview process and beyond.

What types of data analysis skills are beneficial for this role?

Strong analytical skills to identify inefficiencies and propose solutions using data are beneficial for the role.

What type of work culture can employees expect at Wealthsimple?

Employees can expect a culture that values collaboration, humility, and inclusivity, where people can be inspired to do their best work.