Senior Manager, Lending and Credit Compliance

Build something people love

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 and expensive and make them transparent and low-cost for everyone. We’re the largest fintech company in Canada, with 3+ million users who trust us with more than $100 billion in assets.

And we’re just getting started.

We’re looking for someone who thinks big, sweats the small stuff and keeps things simple. You’ll join a high-bar, fast-paced team where people are trusted to own their work, communicate openly, and ship things that improve our clients’ lives. Collaboration, humility, and an obsession over quality are how we get stuff done.

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.

• 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.

• 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.

• 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.

Base salary range:
For this role, candidates located in Canada can expect a base salary range of CAD $152,000 - $190,000. Actual compensation is determined based on skills, experience, and role level. Exceptional candidates may be considered above the top of the range, and pay can increase quickly for those who make a big impact in the role.

Total compensation:
In addition to base salary, this role includes equity compensation. We use clear job levels and market-based salary bands to ensure compensation is fair and consistent across the company.

Top-tier health benefits and life insurance

Long-term…