Manager, Payments Regulatory Compliance

Summary

Join Wealthsimple's growing Compliance team as a Payments Regulatory Compliance Manager, supporting the Director of Payment Operations & Compliance. You will manage compliance programs for Banking, Credit Card, and Prepaid products, ensuring adherence to regulations like the Retail Payment Activities Act (RPAA) and Visa/Mastercard rules. This new role involves building sustainable programs, fostering internal alignment, and leveraging automation tools. You will collaborate with Product, Legal, and Operations teams, contributing to internal training and awareness. The ideal candidate possesses 5+ years of payments compliance experience and a strong understanding of Canadian payments regulations. This role offers a competitive salary, top-tier benefits, and a remote-first work environment.

Requirements

• 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

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

Preferred Qualifications

• 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

Benefits

• 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