Manager, Derivatives Compliance

Wealthsimple

  • Toronto, ON
  • Permanent
  • Full-time
  • 1 month ago
Your career is an investment that grows over time!Wealthsimple is on a mission to help everyone achieve financial freedom by reimagining what it means to manage your money. Using smart technology, we take financial services that are often confusing, opaque and expensive and make them transparent and low-cost for everyone. We're the largest fintech company in Canada, with over 4 million users who trust us with more than $70 billion in assets.Our teams ship often and make an impact with groundbreaking ideas. We're looking for talented people who keep it simple and value collaboration and humility as we continue to create inclusive and high-performing teams where people can be inspired to do their best work.About the Reg TeamWe're on the lookout for a super motivated and experienced Manager, Derivatives Compliance to join our growing Regulatory (Reg) team. You'll report directly to our Director, Securities & Enterprise Compliance Programs and be a key player in shaping our compliance future.This role is all about strategically developing, enhancing, and continuously improving our derivatives compliance programs. Beyond just oversight, you'll be crucial in helping us innovate in the derivatives space, making sure our cutting-edge financial solutions are not only groundbreaking but also fully compliant with all relevant regulations.Our Reg team brings together a unique blend of legal, compliance, and risk experts. We're proud of how we creatively tackle tough regulatory challenges, our resourcefulness in navigating legal changes, our ability to adapt to market shifts, and our unwavering commitment to high integrity and ethics. Joining us means becoming part of an agile and forward-thinking group dedicated to both protecting our operations and enabling smart growth.About the Manager, Derivatives Compliance Role
  • The Manager, Derivatives Compliance will be responsible for overseeing and ensuring compliance with Canadian Investment Regulatory Organization (CIRO) and Options Clearing Corporation (OCC) regulations for Wealthsimple's derivatives business, with a focus on the launch and ongoing compliance of futures contract trading
  • Act as the compliance subject matter expert on derivatives products and related regulatory requirements for the Investment Dealer
  • Build strong collaborative relationships with Product, Trading, Operations, Engineering and Finance teams to ensure compliant implementation of business initiatives
As a Manager, Derivatives Compliance, you will
  • Lead the development and implementation of compliance frameworks for futures contract trading, collaborating with operational teams
  • Monitor regulatory developments related to derivatives markets and assess impacts on Wealthsimple's business activities
  • Perform compliance reviews and testing of trading activities to ensure adherence to CIRO requirements
  • Support regulatory examinations and respond to regulatory inquiries related to derivatives trading
  • Develop and deliver tailored compliance training for staff involved in futures trading operations
  • Review new derivative products, trading strategies, and marketing materials
  • Identify and escalate compliance risks related to derivatives trading activities
What you bring
  • 5+ years of compliance experience within a CIRO regulated Investment Dealer environment
  • Comprehensive knowledge of Canadian derivatives regulations and futures markets
  • Strong understanding of derivatives products, trading mechanisms, and operational workflows
  • Experience launching new business lines or products under regulatory oversight
  • Excellent interpersonal and communication skills with ability to influence stakeholders
  • Completion of the Investment Dealer Supervisors Course (IDSC), Derivatives Fundamentals and Options Licensing Course (DFOL), Futures Licensing Course (FLC) and Canadian Commodity Supervisors Examination (CCSE) and ability to be registered with CIRO as a Supervisor
Why Wealthsimple?🤑 Competitive salary with top-tier health benefits and life insurance📈 Retirement savings matching plan using Wealthsimple for Business🌴 20 vacation days per year and unlimited sick and mental health days📚 Up to $1,500 per year towards wellness and professional development budgets respectively🛫 90 days away program: Employees can work internationally in eligible countries for up to 90 days per calendar year🌎 A wide variety of peer and company-led Employee Resource Groups (ie. Rainbow, Women of Wealthsimple, Black @ WS)💖 Company-wide wellness days off scheduled throughout the yearWe're a remote-first team, with over 1,000 employees coast to coast in North America. Be a part of our Canadian success story and help shape the financial future of millions - join us!Read our and learn more aboutTechnology & Innovation at WealthsimpleWe believe the future belongs to those who innovate boldly. At Wealthsimple, every team member is expected to lean into new technologies, including AI, and tooling to rethink how we work, solve problems faster, and create even greater value. We're looking for people who are not just comfortable with change but energized by it. Our commitment is to build a company that evolves at the pace of the world around us, and we want you to help lead that future.DEI StatementAt Wealthsimple, we are building products for a diverse world and we need a diverse team to do that successfully. We strongly encourage applications from everyone regardless of race, religion, colour, national origin, gender, sexual orientation, age, marital status, or disability status.Accessibility StatementWealthsimple provides an accessible candidate experience. If you need any accommodations or adjustments throughout the interview process and beyond, please let us know, and we will work with you to provide the necessary support and make reasonable accommodations to facilitate your participation. We are continuously working to improve our accessibility practices and welcome any feedback or suggestions on how we can better accommodate candidates with accessibility needs.

Wealthsimple