Manager, Collateral Management

Overview

This role reports to the Senior Manager of Cash & Collateral Management and is responsible for building out collateral management capabilities for existing products and preparing for new product launches. You will lead day-to-day collateral processes, design and implement collateral transformations to optimize outcomes, and manage key counterparty relationships.

Responsibilities

• Manage day-to-day collateral processes with a focus on meeting daily collateral calls and supporting treasury money movements that power the organization’s products.
• Oversee and implement robust risk mitigation strategies, balancing speed with the need for adequate controls.
• Manage collateral sources and uses, including contributing to the implementation of an optimization engine.
• Design and implement collateral management procedures for new products and initiatives.
• Work with stakeholders to forecast and anticipate growth in collateral requirements and develop a playbook to operationalize this.
• Maintain and build strong relationships with counterparties; act as a key contact for middle and back-office functions.
• Collaborate with cross-functional partners—including Product, Engineering, Trading, Treasury, and Finance—to support the launch and scale of new products.
• Build processes, establish metrics, and set up a structure that provides visibility into holistic collateral needs across the brokerage.
• Ensure compliance with all IIROC, GMSLA, and other regulatory requirements.

Requirements

• 5+ years of experience in a collateral management, treasury operations, or securities finance role.
• Direct experience working with Clearing House collateral (OCC/CME/CDCC).
• Experience implementing a Collateral Management System is a strong asset.

Preferred Qualifications

• Strong problem-solving ability: proactively identifies issues impacting the team and leads development of well-supported solutions.
• Experience using data to answer complex problems and inform decisions; SQL and financial modeling skills are an asset.
• Strong organization and planning skills: ability to prioritize effectively and balance day-to-day execution with project work.
• Excellent collaboration and interpersonal skills, with a track record of contributing to cross-functional projects.
• Strong written and verbal communication skills, able to explain complex ideas clearly to a range of audiences.
• Proactive, action-oriented approach with demonstrated ownership.
• High-level judgment in complex situations, including anticipating potential consequences.
• Commitment to honesty and integrity.

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.