Associate, Fund Operations

Wealthsimple Inc.; Toronto; Remote; CAD 60,000 - 80,000; Full time

Job summary

Wealthsimple Inc. is looking for an Associate in Fund Operations to oversee accounting functions, ensure the integrity of Net Asset Value (NAV) calculations, and improve processes through innovative technology. Join a pioneering fintech firm committed to transparency and financial freedom for all.

Benefits

Competitive salary with top-tier health benefits

20 vacation days plus unlimited sick and mental health days

$1,500 annual wellness and professional development budget

90 days work abroad program

Company-led Employee Resource Groups

Company-wide wellness days off

Qualifications

• 1-2 years of experience in fund management or administration.
• Strong Excel skills and experience with NAV calculations.
• Exposure to programming (especially SQL) is a bonus.

Responsibilities

• Ensure Net Asset Value (NAV) integrity through deep dives into expenses and P&L.
• Provide clear answers to client inquiries and create ad-hoc investment reports.
• Collaborate with diverse teams to maintain pristine client data.

Skills

NAV calculations

Tax

Audit prep

Data-driven

Project management

Excel

Programming (SQL)

Job description

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 4 million users who trust us with more than $50 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.

About the Fund Operations Team:

Our Fund Operation’s team makes imperative contributions to the operational functions related to the Alternative Investment Funds and Managed Investing products shipped by Wealthsimple. These include services such as private credit, private equity and venture funds. We’re a small, new and impact-driven team that is creating process improvements week by week, providing accurate financial data and a world-class, human-first client experience to our clients.

About the Role:

As an Associate, Fund Operations you will be owning multiple areas of our Accounting functionality: reconciliations, audits, valuations, providing highly reliable data to our clients. As the role evolves, you’ll partner with our team to help build process improvements and leverage AI to improve the technical efficiency of our service. You’ll also help shape the cultural footprint of our team to our partners and across the business as our service scales and enables Canadian’s reach their financial freedom goals!

As an Associate, Fund Operations, you will:

• You'll ensure our Net Asset Value (NAV) is rock-solid, diving deep into expenses, P&L, and all things reconciliation to safeguard our fund's integrity.
• Master the flow of all capital activity for our alternative funds, from new investments to withdrawals, ensuring everything runs with precision.
• Provide clear, concise answers to client inquiries and whip up ad-hoc reports that shed light on their investments, helping them understand their portfolios better.
• Collaborate closely with our diverse teams across Wealthsimple, acting as a vital link to flag any hiccups and keep our client data pristine.

What you bring:

• You've got at least 1-2 years under your belt at a fund management or administration company, with solid experience in NAV calculations, tax, and audit prep. You're also a pro at managing orders, distributions, and capital calls
• You're keen on reviewing trades, positions, and bank reconciliations, plus you know your way around posting journal entries
• Strong Excel skills are a must, and if you've got a handle on programming (especially SQL) or industry courses (CPA, CFA, etc.) under your belt, that's a huge bonus. You're all about using data to get things done
• You're organized, detail-oriented, and not afraid to tackle large datasets under tight deadlines. Even better, you've got a knack for project management and love finding ways to make processes smoother
• You're passionate about the fintech and alternative investment space, always curious to dig into day-to-day issues and find smart solutions

Why Wealthsimple?

Competitive salary with top-tier health benefits and life insurance

Retirement savings matching plan using Wealthsimple for Business

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

Up to $1,500 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 1,000 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.

Technology & Innovation at Wealthsimple

We believe the future belongs to those who innovate boldly. At Wealthsimple, every team member is expected to lean into new technologies, including AI, and tooling to rethink how we work, solve problems faster, and create even greater value. We're looking for people who are not just comfortable with change but energized by it. Our commitment is to build a company that evolves at the pace of the world around us, and we want you to help lead that future.

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.