Manager, Payments Regulatory Compliance

This role will support the Director of Payment Operations & Compliance and focus on the end-to-end management of compliance programs tied to our Banking, Credit Card, and Prepaid products. You’ll oversee Wealthsimple’s compliance with payment regulations including the Retail Payment Activities Act (RPAA) and Visa/Mastercard network rules, working closely with our Product, Legal, and Operations teams to ensure scalable and compliant launches. This is a new role created as part of the Payments team restructure. You’ll be responsible for building sustainable programs, enabling internal alignment, and using tools like Notebook LM to help automate and accelerate execution. 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.