• 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
• You’ll lead the implementation and management of compliance programs aligned with RPAA, card network requirements (e.g., Visa), and relevant lending 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
• Lead to internal training and awareness to strengthen payment regulatory knowledge across teams
• 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

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
• Up to $5,000 per year for mental health supports
• Gender Affirmation benefits
• 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- Excellent communication and project management skills, with experience working cross-functionally across Product, Legal, and Operations
• 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
• Experience working with US bank sponsorship programs/ US payment systems and relevant regulations (e.g., BSA, FinCEN, CFPB, Nacha, RTP)
• Strong analytical and problem-solving abilities, with an eye for both risk and scalability
• 5+ years of experience in payments compliance, regulatory risk, or operations within fintech, banking, or payment networks
• Comfortable navigating ambiguity and building new processes from the ground up
• Familiarity with compliance automation and tooling (e.g., GRC tools, Notebook LM, or custom-built dashboards)
• Experience introducing AI workflows to Compliance programs
• Experience working on regulatory submissions (e.g., RPAA registration, Visa program changes)
• Experience working with processor platforms or integrations
• Background in launching new fintech products or payment rails
• Familiarity with internal governance programs and audit workflows