Full-Time Manager, Trade Desk Compliance
Wealthsimple is hiring a remote Full-Time Manager, Trade Desk Compliance. The career level for this job opening is Manager and is accepting Canada based applicants remotely. Read complete job description before applying.
Wealthsimple
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We're on the lookout for a motivated and experienced Manager, Trade Desk 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 about strategically developing, enhancing, and continuously improving our trade desk compliance programs. You'll be crucial in helping us innovate in the retail trading space, making sure our financial solutions are compliant with all relevant regulations.
As Manager, Trade Desk Compliance You will:
- Provide guidance on relevant trading rules and their application to Wealthsimple’s trade desks for listed securities, options and futures contracts
- Review and approve trading strategies, algorithms, and new trading protocols for regulatory compliance
- Lead the build out and enhancement of monitoring of firm and client trading activities to detect potential market abuse, manipulation, or regulatory violations
- Conduct trade desk compliance reviews of existing procedures and develop remediation plans for any identified issues
- Ensure accurate and timely regulatory reporting of trade data to CIRO and other regulatory bodies
- Respond to and manage regulatory inquiries related to trade desk activities
- Design and implement trade desk compliance policies, procedures, and controls including but not limited to the management of automated order systems (AOS), supervision testing, trading counterparty risk management and supervision of Investment Representatives
- Monitor risk controls like trading limits, restricted lists, and client suitability requirements
- Design and maintain client materials and disclosures relating to our order handling processes
What You Bring:
- 5+ years of experience in a trading or compliance role at a brokerage firm
- In-depth knowledge of Canadian securities regulations, trading rules, and market conduct requirements
- Strong understanding of trade life cycle, execution venues, and order types
- Experience with trade surveillance systems and regulatory reporting mechanisms
- Completion of the Investment Dealer Supervisors Course (IDSC)