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Senior Manager, Payments Product Compliance
Location
Canada
Posted
87 days ago
Salary
CA$152K - CA$190K / year
Seniority
Senior
Job Description
Senior Manager, Payments Product Compliance
Wealthsimple
• 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
Job 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 working with US bank sponsorship programs/ US payment systems and relevant regulations (e.g., BSA, FinCEN, CFPB, Nacha, RTP)
- 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
Benefits
- 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
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