Director of Fund Operations

Your career is an investment that grows over time!

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 3 million users who trust us with more than $40 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.

Mission

Fund Operations will contribute to the operational functions related to both the Alternative Investment Funds manufactured by Wealthsimple and any future operational Fund construction.

In this role you will:

• Be a leader of the Fund Operations team responsible for managing the funds created by Wealthsimple Investments Inc as an Investment Fund Manager.

• Work directly with the Asset Management Compliance Product Trading Tax and R&D teams to ensure the Fund Operations processes are efficient and according to industry guidelines.

• Lead the team handling the daily operational processes that ensures accuracy of clients and Funds records.

• Create Funds from an operational perspective and set up the fund Administration custody arrangements transfer agent agreements sub-advisors documentation and onboarding Funds to Fundserv.

• Consult with Legal partners on the review and negotiation of contracts with Fund Administrators and Custodians.

• Tasked with advising and finding the most efficient and sustainable way to set up Private Funds and Fund of Funds

• Tasked with operationally wrapping a Fund working with Sub-Advisors and facilitating direct investments.

• Work with legal and the Asset Manager on the Offering Memorandums and Green Sheets.

• Use data to identify inefficiencies and propose solutions.

We're looking for people who:

• Have at least 10 years experience working at a fund management or fund administration company.  This person has experience launching new funds onboarding funds onto custodians working with fund administrators and sub-advisors.

• Have expertise in working with the middle office and tax teams to build out policies and procedures of the Fund

• Be a subject matter expert in fund creation and fund Administration and experienced in working with custodians transfer agents and sub-advisors.

• Be a subject matter expert on Fundserv from a fund manufacturing and dealer perspective.

• Have expertise in setting up Private Funds and Fund of Funds and are familiar with various liquidity measures

• Have experience with the production of an Offering Memorandum and Green Sheet

• Have experience in operationally wrapping a Fund and working with Sub-Advisors

• Have led a team

• Are passionate about technology specifically fintech and the alternative investment space.

• Are organized with a strong attention to detail and comfortable working with a large set of data under tight deadlines.

• Have awesome people skills and a positive attitude. You will be working in a highly collaborative environment.

• Possess strong Excel skills and familiarity with Google suite.

• Are naturally curious: if something seems off you want to figure out what’s going on.

• You are a challenger. You don’t take things at face value and questions status-quo assumptions like “well we’ve always done it this way” or “someone is doing it this way so…” because you're constantly looking to optimize and level up both the business and those around you

• You have a growth mindset and default to “Challenge or problem? Good. Let me find an opportunity to solve it”

• Have completed or are pursuing industry courses (CAIA CSC CFA CIM etc)

• Have experience or familiarity with SQL a plus

Why Wealthsimple?

🤑 Competitive salary with top-tier health benefits and life insurance

📈 Retirement savings matching plan using Wealthsimple Work

🌴 20 vacation days per year and unlimited sick and mental health days

📚 Up to $1500 per year towards wellness and professional development budgets respectively

🛫 90 days away program: Employees can work internationally in eligible countries for up to 90 days per calendar year

🌎 A wide variety of peer and company-led Employee Resource Groups (ie. Rainbow Women of Wealthsimple Black @ WS)

💖 Company-wide wellness days off scheduled throughout the year

We’re a remote-first team with over 1000 employees coast to coast in North America. Be a part of our Canadian success story and help shape the financial future of millions — join us!

Read our Culture Manual and learn more about how we work.

DEI Statement

At Wealthsimple we are building products for a diverse world and we need a diverse team to do that successfully. We strongly encourage applications from everyone regardless of race religion colour national origin gender sexual orientation age marital status or disability status.

Accessibility Statement

Wealthsimple provides an accessible candidate experience. If you need any accommodations or adjustments throughout the interview process and beyond please let us know and we will work with you to provide the necessary support and make reasonable accommodations to facilitate your participation. We are continuously working to improve our accessibility practices and welcome any feedback or suggestions on how we can better accommodate candidates with accessibility needs.