[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