Associate, Options Clearing

Overview

Reporting to the Senior Manager, Options Clearing, this role owns the daily execution of reconciliations, settlements, and expirations across the options book. Work in this area directly protects client assets, so accuracy and process improvement are essential.

Responsibilities

• Own daily reconciliation, settlement, and expiration processing across the options book, catching and resolving breaks before they reach clients
• Act as the team’s subject matter expert on OCC and CDCC clearing (including SOLA), covering exercises, assignments, and institutional options transfers
• Partner with the Trade Desk, engineering, and other operations teams to resolve trade and position discrepancies and reduce risk
• Use data tools (pivot tables, lookups, and SQL) to identify the root cause of inefficiencies and implement fixes
• Build and improve tools and workflows to enable the team to scale as options volume grows
• Develop processes to increase the efficiency of back-office operations

Requirements

• 2+ years handling back-office reconciliations, settlements, or options clearing (OCC/CDCC) at a broker-dealer or registered investment dealer
• Comfortable working with large data sets; able to analyze thousands of rows of position data, identify breaks, and explain what caused them
• Working knowledge of SQL, or ability to learn it quickly (daily queries)
• Availability to support early and late hours on a rotating basis around market events and settlement cycles
• Clear communicator who can work effectively with trading, product, and operations teams
• Organized and detail-oriented, with the ability to work accurately against tight, non-negotiable deadlines
• Willingness to escalate early when issues require attention
• Genuinely interested in how markets and technology intersect

Preferred Qualifications

• Progress toward or completion of CSC, DFOL, or similar industry courses
• Familiarity with CDS or DTCC settlement
• Familiarity with Claude AI or Claude Code

Compensation & 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*
• Employee resource groups, including Rainbow (2SLGBTQ), Women of WS, and Black at WS

*Unlimited paid sick days, Wellness Days and the 90 day away program do not apply to certain roles.

Location

Hybrid team with over 1,500 employees across North America.