Director, Legal (Banking and Payments)

Job not on LinkedIn

August 13

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Logo of Wealthsimple

Wealthsimple

Finance • Fintech • Investing

Wealthsimple is a financial technology company based in Canada that offers a range of investment and financial services. They provide managed investing options with custom portfolios tailored to individual goals, and offer self-directed investing to take control of trading stocks, ETFs, and cryptocurrencies commission-free. Wealthsimple also provides high-interest cash accounts, various retirement savings accounts, and a comprehensive set of tools for personal finance management. With over 3 million users, they emphasize low fees, transparency, and personalized financial advice.

501 - 1000 employees

Founded 2014

💸 Finance

💳 Fintech

💰 Private Equity Round on 2021-05

📋 Description

• Lead legal support for the negotiation, implementation and ongoing management of commercial agreements supporting Wealthsimple’s banking and payments infrastructure. • Partner with cross-functional teams to identify and mitigate legal risks, with a focus on executing complex commercial agreements and supporting operational delivery. • Wealthsimple is building a new and novel neobank in Canada, with no existing blueprint to follow. • We're looking for an innovative thinker with strong commercial legal skills and an understanding of the payments and banking regulatory regimes. • Navigate Canada’s complex and overlapping banking, payments and securities law frameworks.

🎯 Requirements

• 8+ years of legal experience in financial services, including a focus on technology contracts, gained at a major Canadian law firm or an in-house corporate legal department • Experience with drafting and negotiating complex legal agreements used in banking and payments • Familiarity with Canadian payments infrastructure, intermediaries and vendors • Strong communication skills and ability to distill complex legal topics into clear, actionable advice for diverse audiences • Collaborative and proactive mindset with a willingness to roll up your sleeves • Comfortable navigating ambiguity and evolving regulatory frameworks • A strategic thinker with a builder mentality who thrives in a fast-moving, mission-driven environment.

🏖️ Benefits

• Competitive salary with top-tier health benefits and life insurance • Retirement savings matching plan using Wealthsimple for Business • 20 vacation days per year and unlimited sick and mental health days • Up to $1,500 per year towards wellness and professional development budgets respectively • 90 days away program: Employees can work internationally in eligible countries for up to 90 days per calendar year • A wide variety of peer and company-led Employee Resource Groups (ie. Rainbow, Women of Wealthsimple, Black @ WS) • Company-wide wellness days off scheduled throughout the year

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