Chief Compliance Officer, Derivatives Exchange
KrakenSalary not specified
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Fintech, Financial ServicesIndustries
Requirements
- 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)
- Ability to be registered with CIRO as a Supervisor
Responsibilities
- Oversee and ensure 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
- 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
Skills
Key technologies and capabilities for this role
Questions & Answers
Common questions about this position
What is the salary for the Manager, Derivatives Compliance role?
This information is not specified in the job description.
Is this a remote position or does it require office work?
This information is not specified in the job description.
What key skills and responsibilities are required for this role?
The role requires experience in overseeing compliance with CIRO and OCC regulations for derivatives, acting as a subject matter expert on derivatives products, building collaborative relationships with cross-functional teams, leading compliance frameworks for futures trading, monitoring regulatory developments, and performing compliance reviews.
What is the company culture like at Wealthsimple?
Wealthsimple values collaboration, humility, simplicity, and creating inclusive high-performing teams. The Reg team is agile, forward-thinking, creative in tackling regulatory challenges, resourceful, adaptable, and committed to high integrity and ethics.
What makes a strong candidate for the Manager, Derivatives Compliance position?
A strong candidate is super motivated and experienced in derivatives compliance, capable of strategically developing compliance programs, innovating in the derivatives space, and collaborating across teams while ensuring regulatory adherence.
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
