Senior Manager, Lending and Credit Compliance
Top Benefits
About the role
Build something people love Wealthsimple's mission is to help everyone achieve financial freedom – by making financial services simple, transparent, and low-cost. We're Canada's largest fintech, trusted by over 3 million clients with more than $100 billion in assets. We move fast, we own our work, and we care deeply about the people using our products. If that sounds like you, keep reading.
We're proud of what we've built — and we're just getting started. Read our Culture Manual and learn more about how we work.
About The Role Reporting to Wealthsimple’s Director, Banking Compliance and Operations, the Senior Manager, Lending and Credit Compliance will be responsible for building and leading Wealthsimple’s credit and lending compliance program.
What You'll Do
- Design, build, and maintain Wealthsimple’s credit and lending compliance program, including policies, procedures, and governance frameworks.
- Develop and execute a regulatory monitoring and testing program for all lending products.Lead control validation engagements end-to-end: scoping, testing methodology, execution, reporting, and remediation tracking.
- Ensure accurate and timely regulatory reporting to relevant authorities, including federal consumer protection regulators, provincial regulators, credit reporting agencies, and industry self-regulatory organizations.
- Partner with Product, Risk, and Operations to embed compliance by design into new lending product launches.
- Ensure adherence to fair lending requirements, adverse action processes, hardship relief, and collections practices.
- Stay current on changes to Canadian lending and consumer protection legislation, credit disclosure requirements, and industry rules.
- Support regulatory exams, external audits, and manage remediation plans to completion.
- Build strong internal relationships to create an integrated compliance risk framework across Wealthsimple.
Skills You Bring
- 7+ years of regulatory or compliance experience in a heavily regulated environment (financial services, regulator, or government).
- Deep knowledge of Canadian federal and provincial consumer lending laws, including cost of borrowing, disclosure, and consumer protection requirements.
- Strong understanding of consumer credit rules, credit reporting obligations, and industry standards for credit products.Familiarity with risk management and governance principles, with experience designing and testing controls.
- Strong analytical, investigative, and research skills (e.g., interpreting legislation and regulatory guidance).Experience working with regulators (e.g., consumer protection regulators, financial conduct regulators, self-regulatory organizations).
- Strong attention to detail, documentation skills, and ability to distill complex requirements into clear, practical processes.
- Ability to lead projects independently, influence cross-functional stakeholders, and drive initiatives to completion.Ability to perform under pressure and manage multiple priorities in a time-sensitive environment.
Nice to haves
- Knowledge of secured lending and mortgage-related regulations.
- Familiarity with payments and cash management products, including integration with lending.
- Experience with automation, regtech, or compliance monitoring tools to streamline reporting and testing.
Why Wealthsimple? 🌸 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
🌎 We are a hybrid team with over 1,500 employees across North America. The people are one of the best parts of working here: you'll collaborate with incredibly talented, curious, and driven teammates who are deeply committed to doing great work.
ICYMI Technology & Innovation at Wealthsimple: We move quickly and build thoughtfully. That means we're always looking for better ways to work — whether that's new tools, AI, or rethinking how we approach a problem. We don't expect you to have all the answers, but we do expect curiosity and a willingness to evolve alongside the products we're building.
Inclusion Statement: We're building products for a diverse world, and we need a diverse team to do it well. We strongly encourage applications from everyone, regardless of race, religion, colour, national origin, gender, sexual orientation, age, marital status, or disability status.
Accessibility Statement: We're committed to an accessible hiring experience. If you need any accommodations throughout the interview process, please let us know — we'll work with you to make sure you have what you need. We also welcome any feedback on how we can better accommodate candidates with accessibility needs.
AI in Hiring: We may use artificial intelligence (AI) tools to support parts of our hiring process, such as reviewing applications, analyzing resumes, or assessing responses. These tools assist our team but don't replace human judgment – all final hiring decisions are made by people. If you have questions about how your data is used, reach out to us.
Compensation Range: CA$152K - CA$190K
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Senior Manager, Lending and Credit Compliance
Top Benefits
About the role
Build something people love Wealthsimple's mission is to help everyone achieve financial freedom – by making financial services simple, transparent, and low-cost. We're Canada's largest fintech, trusted by over 3 million clients with more than $100 billion in assets. We move fast, we own our work, and we care deeply about the people using our products. If that sounds like you, keep reading.
We're proud of what we've built — and we're just getting started. Read our Culture Manual and learn more about how we work.
About The Role Reporting to Wealthsimple’s Director, Banking Compliance and Operations, the Senior Manager, Lending and Credit Compliance will be responsible for building and leading Wealthsimple’s credit and lending compliance program.
What You'll Do
- Design, build, and maintain Wealthsimple’s credit and lending compliance program, including policies, procedures, and governance frameworks.
- Develop and execute a regulatory monitoring and testing program for all lending products.Lead control validation engagements end-to-end: scoping, testing methodology, execution, reporting, and remediation tracking.
- Ensure accurate and timely regulatory reporting to relevant authorities, including federal consumer protection regulators, provincial regulators, credit reporting agencies, and industry self-regulatory organizations.
- Partner with Product, Risk, and Operations to embed compliance by design into new lending product launches.
- Ensure adherence to fair lending requirements, adverse action processes, hardship relief, and collections practices.
- Stay current on changes to Canadian lending and consumer protection legislation, credit disclosure requirements, and industry rules.
- Support regulatory exams, external audits, and manage remediation plans to completion.
- Build strong internal relationships to create an integrated compliance risk framework across Wealthsimple.
Skills You Bring
- 7+ years of regulatory or compliance experience in a heavily regulated environment (financial services, regulator, or government).
- Deep knowledge of Canadian federal and provincial consumer lending laws, including cost of borrowing, disclosure, and consumer protection requirements.
- Strong understanding of consumer credit rules, credit reporting obligations, and industry standards for credit products.Familiarity with risk management and governance principles, with experience designing and testing controls.
- Strong analytical, investigative, and research skills (e.g., interpreting legislation and regulatory guidance).Experience working with regulators (e.g., consumer protection regulators, financial conduct regulators, self-regulatory organizations).
- Strong attention to detail, documentation skills, and ability to distill complex requirements into clear, practical processes.
- Ability to lead projects independently, influence cross-functional stakeholders, and drive initiatives to completion.Ability to perform under pressure and manage multiple priorities in a time-sensitive environment.
Nice to haves
- Knowledge of secured lending and mortgage-related regulations.
- Familiarity with payments and cash management products, including integration with lending.
- Experience with automation, regtech, or compliance monitoring tools to streamline reporting and testing.
Why Wealthsimple? 🌸 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
🌎 We are a hybrid team with over 1,500 employees across North America. The people are one of the best parts of working here: you'll collaborate with incredibly talented, curious, and driven teammates who are deeply committed to doing great work.
ICYMI Technology & Innovation at Wealthsimple: We move quickly and build thoughtfully. That means we're always looking for better ways to work — whether that's new tools, AI, or rethinking how we approach a problem. We don't expect you to have all the answers, but we do expect curiosity and a willingness to evolve alongside the products we're building.
Inclusion Statement: We're building products for a diverse world, and we need a diverse team to do it well. We strongly encourage applications from everyone, regardless of race, religion, colour, national origin, gender, sexual orientation, age, marital status, or disability status.
Accessibility Statement: We're committed to an accessible hiring experience. If you need any accommodations throughout the interview process, please let us know — we'll work with you to make sure you have what you need. We also welcome any feedback on how we can better accommodate candidates with accessibility needs.
AI in Hiring: We may use artificial intelligence (AI) tools to support parts of our hiring process, such as reviewing applications, analyzing resumes, or assessing responses. These tools assist our team but don't replace human judgment – all final hiring decisions are made by people. If you have questions about how your data is used, reach out to us.
Compensation Range: CA$152K - CA$190K