Wealthsimple

Associate, Reconciliation - Crypto Operations

Remote

Not SpecifiedCompensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, Fintech, CryptocurrencyIndustries

Job Description

Employment Type: Permanent Full Time

Position Overview

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 Team

As an Associate, you will join our Crypto Operations team to help deliver frictionless, reliable, accurate, and timely client experiences across an expansive set of products & features. Our Crypto Operations team is a part of the Wealthsimple Brokerage Operations business unit that provides the back-end technology, operations, and platform that powers our key Wealthsimple products. It continues to expand to deliver a wider breadth of financial services to our clients and supports the broader organization in operationalizing key priorities. We are always striving to deliver best-in-class operations for the products we support.

In this role, you’ll play a vital part in shaping and refining the key processes that drive our Crypto product. From ideation to execution, you’ll lead impactful projects while working hand-in-hand with Crypto Ops management, team members, and cross-functional partners in Finance, Data & Reconciliation, Compliance, and Engineering. Your collaboration will ensure seamless operations and continuous improvement across the board.

Responsibilities

In this role, you'll have the opportunity to:

  • Foster accountability and ensure accuracy by preparing reconciliations, investigating variances, and documenting their resolution.
  • Take ownership of process excellence by identifying and initiating proactive improvements to our reconciliation workflows.
  • Drive collaborative problem-solving with Finance, Data & Reconciliation teams to address deviations between expected outcomes and actual results.
  • Champion impactful project outcomes by independently owning problem-solving for distinct Crypto Product Ops initiatives and engaging leadership and stakeholders to move solutions forward.
  • Ensure seamless communication and alignment across internal stakeholders, external vendors, regulators, and auditors.
  • Cultivate expertise and elevate team knowledge by becoming a subject matter expert and supporting associates, specialists, and partners to level up collectively.

Optimize our Ecosystem

  • Find opportunities to strengthen our internal controls, reduce any weaknesses/risks, and help scale processes within our product operations team.
  • Collaborate with external teams to ensure our key processes & controls are supporting our stakeholders and their deliverables.
  • Work closely with our Compliance & Finance teams to ensure our processes, controls, and reporting are adhering to regulatory standards (i.e CIRO, OSC).

What you’ll bring

  • Relevant work experience: 2+ years of demonstrated success in a fast-paced environment preferably in brokerage operations, Fintech, Crypto, Financial Institutions or other operations roles in related fields.
  • Naturally Curious: Relentlessly pursuing to find the root cause of a problem, and willing to further expand their own knowledge & competencies.
  • Proactive and Action-Oriented: Takes initiative without needing direction, demonstrating full ownership of their work. Identifies problems proactively and strives to deliver solutions that make each day more effective and impactful than the last.
  • Organization and Planning: Plans, organizes, schedules, and budgets time in a productive manner, allowing for a focus on key priorities.
  • Collaboration: (Implied by the job description's emphasis on teamwork)

Note: Salary and Location Type information were not provided in the original description.

Skills

Reconciliation
Crypto Operations
Financial Processes
Cross-functional Collaboration
Project Management
Data Analysis
Compliance

Wealthsimple

Digital platform for investing and financial management

About Wealthsimple

Wealthsimple provides a range of financial tools that help individuals manage their money effectively. Their services include automated investing, where users can set up investment accounts that automatically adjust based on market conditions, and commission-free stock trading, allowing users to buy and sell stocks without paying fees. They also offer cryptocurrency investments for those interested in digital currencies and a straightforward tax filing service that is designed to be quick and user-friendly. Wealthsimple stands out from its competitors by focusing on young professionals and tech-savvy individuals, providing a digital platform that is easy to navigate and understand. The company's goal is to simplify financial management, making it accessible to everyone by using technology to create a more personal and approachable experience in finance.

Toronto, CanadaHeadquarters
2014Year Founded
$826.6MTotal Funding
LATE_VCCompany Stage
Fintech, Financial ServicesIndustries
1,001-5,000Employees

Benefits

Health Insurance
Life Insurance
401(k) Company Match
401(k) Retirement Plan
Paid Vacation
Unlimited Paid Time Off
Professional Development Budget
Wellness Program
Remote Work Options
Paid Holidays

Risks

Increased competition from zero-commission brokers could erode Wealthsimple's market share.
Invite-only rollout of Wealthsimple Cash may limit user adoption and growth.
Rapid cryptocurrency adoption pressures Wealthsimple to innovate its offerings continuously.

Differentiation

Wealthsimple offers a human-centric approach to finance with user-friendly digital tools.
The company provides a seamless platform for investing, trading, saving, and tax filing.
Wealthsimple targets young, tech-savvy professionals seeking accessible financial management solutions.

Upsides

Wealthsimple's AUA reached $50 billion, indicating strong market presence and growth potential.
The rise of AI-driven advisory services can enhance Wealthsimple's personalized investment offerings.
Fractional shares' popularity aligns with Wealthsimple's target demographic, boosting user acquisition.

Land your dream remote job 3x faster with AI