Wealthsimple · 7 hours ago
Senior Manager, Lending and Credit Compliance
United States
Full-time
Remote
Senior Level
7+ years expWealthsimple is on a mission to help everyone achieve financial freedom by reimagining financial services. The Senior Manager, Lending and Credit Compliance will build and lead the company's credit and lending compliance program, ensuring adherence to regulatory requirements and collaborating with various teams to integrate compliance into product launches.
FinanceFinancial ServicesFinTechImpact InvestingPersonal FinanceWealth Management
Responsibilities
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
Qualification
Required
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
Preferred
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
Benefits
Top-tier health benefits and life insurance
Long-term group savings with employer match using our Wealthsimple for Business platform
20 vacation days + 4 wellness days per year, and unlimited sick and mental health days
90 days away program: Employees can work outside of Canada for up to 90 days per calendar year
A wide variety of peer and company-led Employee Resources Groups (e.g., Rainbow, Women of Wealthsimple, Black @ WS)
Company
Wealthsimple
Wealthsimple is a fintech company that offers digital financial services to help investors grow and manage their money.
1001-5000 employees
Funding
Current Stage
Late StageTotal Funding
$1.44BKey Investors
TCVAllianz XPower Financial Corporation
2025-10-27Series E· $393.04M
2025-10-27Secondary Market· $142.93M
2021-05-03Series B· $610.77M
Leadership Team
Michael Katchen
Co-founder & CEO
Radhika Kakkar
COO
Recent News
Canada NewsWire
2026-01-16
Calgary Herald
2026-01-08
Company data provided by crunchbase