Full-Time

Manager – Payments Strategy

Posted on 3/21/2025

Wealthsimple

Wealthsimple

1,001-5,000 employees

Financial technology for investing and taxes

No salary listed

Senior, Expert

Remote in Canada

Candidates must be based in Canada.

Category
Financial Planning and Analysis (FP&A)
Finance & Banking
Required Skills
Data Analysis
Financial Modeling
Connection
Connection
Connection
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Requirements
  • Strong technical understanding of payment infrastructure, transaction processing, and financial technology systems.
  • Experience evaluating, optimizing, and implementing payment solutions, working closely with engineering teams to enhance system capabilities.
  • Familiarity with ISO20022, ISO8583, MT/MX, and other financial processing standards is advantageous.
  • Strong understanding of payment regulations, compliance requirements, and industry trends in the fintech sector.
  • Ability to develop long-term payment strategies, supported by data analysis and financial modeling.
  • Proven track record of managing complex, cross-functional projects and leading diverse teams.
  • Excellent verbal and written communication abilities to articulate complex payment concepts clearly to various audiences, including technical teams and executives.
  • Ability to navigate challenges in the payments landscape and translate strategies into business value.
Responsibilities
  • Lead cross-functional initiatives to enhance payment capabilities, leveraging technical expertise to assess and implement payment technologies that drive efficiency and innovation.
  • Collaborate closely with product, engineering, and finance teams to evaluate and implement payment solutions for payment products and features, ensuring alignment with company goals, scalability, and regulatory requirements while facilitating clear communication between stakeholders.
  • Analyze and optimize payment processes and workflows, focusing on technical efficiency, scalability, and user experience.
  • Evaluate and integrate new payment technologies and third-party solutions, utilizing your understanding of software architecture and staying abreast of emerging industry trends.
  • Act as a technical subject matter expert on payment systems, providing guidance to other teams and translating complex concepts for non-technical stakeholders.
  • Contribute to strategic discussions and business cases for new payment products or features, bringing a unique technical perspective while ensuring compliance with relevant regulations and standards.
Desired Qualifications
  • Experience with ISO standards, real-time payments, or open banking is highly advantageous.

Wealthsimple provides a range of financial tools that help individuals manage their finances effectively. Their services include automated investing, commission-free stock trading, cryptocurrency investments, and tax filing assistance. Users can access these services through a digital platform that is designed to be easy to use, particularly for young professionals and tech-savvy individuals. Unlike many traditional financial services, Wealthsimple focuses on making financial management straightforward and accessible, with a business model that generates revenue from management fees, transaction fees, and premium subscriptions. The company's goal is to simplify the financial management process and create a more human-centric approach to finance.

Company Size

1,001-5,000

Company Stage

Late Stage VC

Total Funding

$849.7M

Headquarters

Toronto, Canada

Founded

2014

Simplify Jobs

Simplify's Take

What believers are saying

  • Wealthsimple's acquisition of Plenty expands its wealth management capabilities.
  • The launch of margin trading attracts experienced investors seeking advanced trading options.
  • Increased interest in sustainable investing presents opportunities for ESG-focused product expansion.

What critics are saying

  • Increased competition from fintech companies like Robinhood could erode market share.
  • Regulatory challenges in cryptocurrency could impact Wealthsimple's digital asset services.
  • Integration of new acquisitions like Plenty may pose operational challenges.

What makes Wealthsimple unique

  • Wealthsimple offers a diversified portfolio of ETFs for automated investing.
  • The platform provides commission-free stock trading and cryptocurrency investment options.
  • Wealthsimple integrates tax filing services, enhancing its comprehensive financial tool suite.

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Benefits

Health Insurance

Life Insurance

401(k) Company Match

401(k) Retirement Plan

Paid Vacation

Unlimited Paid Time Off

Professional Development Budget

Wellness Program

Remote Work Options

Paid Holidays

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

-1%
PR Newswire
May 8th, 2025
Leading Canadian Financial Services Platform Wealthsimple Taps Eventus For Compliance Solution

Deploys Validus platform for support across asset classes to enhance account supervision, help meet regulatory responsibilitiesAUSTIN, Texas, May 8, 2025 /PRNewswire/ -- Eventus, a leading provider of comprehensive, at-scale trade surveillance and financial risk solutions, announced that Wealthsimple is among its newest clients deploying the firm's Validus platform for trade surveillance across asset classes. Wealthsimple is one of Canada's fastest growing financial services platforms, serving more than three million clients, with $50+ billion in assets across trading, saving and investing.Lia Mathiesen, Senior Director, Compliance and Chief Compliance Officer at Wealthsimple, said: "We have a diversified business model in Canada, so we needed a compliance solution that could support our various business lines and handle a range of asset classes. It also had to be flexible enough to meet our data and operational needs. Working with Eventus allows us to enhance our account supervision and support our compliance efforts."Eventus CEO Travis Schwab said: "Eventus supports many of the world's largest retail-focused financial services platforms. As one of Canada's leading platforms for retail investors, Wealthsimple has been extraordinarily successful at thinking outside the box and providing innovative solutions to its clients. We're delighted to work with Lia and the Wealthsimple team to help meet the company's regulatory needs, and as we build further on our client base in Canada and globally."In recent months, Eventus has signed new clients for trade surveillance, algo monitoring and market risk management across the Americas, as well as Europe, the Middle East and Africa and the Asia-Pacific region

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Apr 9th, 2025
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Toronto, ON (April 9, 2025) – Wealthsimple, the financial services platform on a mission to help Canadians achieve financial freedom, today...

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