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.
We’re looking for a Payments Regulatory Compliance Manager to join our growing Compliance team. This role will support the Director of Payment Operations & Compliance and focus on the end-to-end management of compliance programs tied to our Banking, Credit Card, and Prepaid products. You’ll oversee Wealthsimple’s compliance with payment regulations including the Retail Payment Activities Act (RPAA) and Visa/Mastercard network rules, working closely with our Product, Legal, and Operations teams to ensure scalable and compliant launches.
This is a new role created as part of the Payments team restructure. You’ll be responsible for building sustainable programs, enabling internal alignment, and using tools like Notebook LM to help automate and accelerate execution.
Responsibilities:
- Lead the implementation and management of compliance programs aligned with RPAA, card network requirements (e.g., Visa), and relevant licensing or registration needs.
- Oversee day-to-day controls and monitoring for the Banking and Credit Card compliance programs.
- Serve as the internal subject-matter expert for payments regulation, licensing, and risk controls related to safeguarding, operational risk, and program governance.
- Partner with Product, Engineering, and Operations teams to embed compliance into product development and lifecycle management.
- Draft and maintain policies, procedures, and internal guidance for applicable compliance requirements.
- Support regulatory reporting and audit readiness, including regulator inquiries, risk assessments, and network attestations.
- Identify and triage compliance risks related to payment program expansions or enhancements.
- Leverage automation tools (e.g., Notebook LM) to streamline program execution and reduce overhead.
- Collaborate with cross-functional teams to scale programs efficiently and support junior team member enablement.
- Contribute to internal training and awareness to strengthen payment regulatory knowledge across teams.
Ideal candidate:
- 5+ years of experience in payments compliance, regulatory risk, or operations within fintech, banking, or payment networks.
- Strong understanding of Canadian payments regulation (RPAA, FINTRAC, FCAC, OSFI) and Visa/Mastercard network rules.
- Experience supporting card or prepaid programs, PSP licensing, or retail payment frameworks.
- Comfortable navigating ambiguity and building new processes from the ground up.
- Excellent communication and project management skills, with experience working cross-functionally across Product, Legal, and Operations.
- Familiarity with compliance automation and tooling (e.g., GRC tools, Notebook LM, or custom-built dashboards).
- Strong analytical and problem-solving abilities, with an eye for both risk and scalability.
Nice to have:
- Experience working on regulatory submissions (e.g., RPAA registration, Visa program changes).
- Familiarity with internal governance programs and audit workflows.
- Background in launching new fintech products or payment rails.
- Experience working with processor platforms or integrations.
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.
