• As a Manager, Counterparty Credit Risk, you will join our Credit Risk Operations team to help build and operationalize a centralized counterparty credit risk function to support our Securities Lending activities
• This team sits at the intersection of risk management, operations, capital markets, finance and treasury drawing on deep brokerage and credit experience
• In this role, you will own the end-to-end counterparty credit risk assessment and ongoing monitoring process
• You will work closely with Treasury, Finance, Market Risk, Legal, and the Securities Lending team to ensure every counterparty is rigorously evaluated and that exposure remains within our risk appetite
• This is a foundational hire - you will shape the function from the ground up and, over time, build and lead a team
• Own and up-level the end-to-end procedures for the counterparty credit risk assessment process, ensuring consistency, scalability, and auditability across all workflows
• Conduct and compile comprehensive credit assessments and provide detailed written recommendations for new and existing counterparties, incorporating financial analysis, AML screening, and operational due diligence to determine appropriate credit limits
• Evaluate counterparty creditworthiness holistically and provide recommendations on counterparty onboarding and ongoing monitoring — factoring in financial strength (liquidity, leverage, capital, credit ratings), size of the securities lending/borrowing book, entity structures sharing a common parent, and other qualitative/quantitative considerations
• Establish, monitor, and maintain counterparty concentration limits within our OMS platform ensuring exposures remain within approved thresholds
• Report on, review, and escalate forward-looking risk metrics to ensure securities lending activities remain within our risk tolerance
• Author, maintain, and enhance relevant policies and procedures, identifying gaps and recommending enhancements as the program evolves
• Prepare presentation materials on counterparty credit risk activities for oversight committees, communicating key risks clearly and concisely to Sr. Management
• Build, mentor, and manage a team of risk specialists over time, scaling the function as the program matures and taking on additional operational onboarding responsibilities

Benefits

• Retirement savings matching plan through Wealthsimple Work
• Company equity for full-time employees
• Access to Premium Client perks, including personal finance learning & advice and a boosted interest rate on deposits
• Paid parental leave (6 months topped up to 100% of salary)
• 20 vacation days per year
• 90 Days Away program
• Top-tier health benefits
• Life & disability insurance
• Generous sick and mental health days
• Employee resource plan including services like RMT, psychology, and physiotherapy
• Gender Affirmation benefits
• Up to $5,000 per year for mental health supports
• Up to $1,500 per year for professional development
• Up to $1,500 per year for wellness and home office expenses
• Employee resource groups
• Social impact hours- Speaks plainly and truthfully. Distills complex credit and risk concepts into clear, actionable recommendations for any audience
• Plans, organizes, and prioritizes effectively across multiple concurrent counterparty reviews and projects
• Demonstrated success over a minimum of 4–8+ years in counterparty credit risk, credit analysis, or a highly relevant credit risk management role within the financial services or brokerage sector is required. Candidates with exceptional skills and experience may be considered for a more senior position
• Preference given to individuals who have successfully completed or are in the process of completing their CFA, CPA, or FRM
• Acts without being told what to do and is ready to “roll up their sleeves” and build a centralized function from the ground up. Takes full ownership of work and proactively identifies risks before they materialize
• Strong command of financial statement analysis, credit rating methodologies, and counterparty credit risk assessment frameworks required along with providing recommendations to Sr. Management in a clear and concise manner that enables decision making
• Relentlessly pursues root causes and is willing to continuously expand their knowledge and competencies