Director - Legal (Wealth Management)

Your career is an investment that grows over time!

Wealthsimple is on a mission to help everyone achieve financial freedom by reimagining what it means to manage your money. Using smart technology, we take financial services that are often confusing, opaque and expensive and make them transparent and low-cost for everyone. We’re the largest fintech company in Canada, with over 4 million users who trust us with more than $50 billion in assets.

Our teams ship often and make an impact with groundbreaking ideas. We're looking for talented people who keep it simple and value collaboration and humility as we continue to create inclusive and high-performing teams where people can be inspired to do their best work.

About the Regulatory Team

The Director, Legal (Wealth Management) will join Wealthsimple’s Regulatory Team, which is a team of trailblazing legal, compliance and risk experts, who thrive by partnering with Wealthsimple’s R&D teams to create new and innovative products. Reg Team is defined by its creativity, resourcefulness, hustle and determination. We are dissatisfied with the status quo and determined to break new ground to help Canadians achieve financial freedom. 

About the Director, Legal (Wealth Management) Role

• The Director, Legal (Wealth Management) will help build Wealthsimple’s innovative wealth management product suite. Our wealth management roadmap is new and novel, with no existing blueprint. We’re looking for an innovative thinker with strong securities regulatory, legal drafting and negotiation skills, who is an excellent business partner and is pragmatic and creative. As a key partner to our Product and Investment Research teams, you will actively identify opportunities for growth and scalability, including new product features, account types and investment products.

As a Director, Legal (Wealth Management) you will:

• Provide legal and regulatory advice that enables the development and execution of our wealth management roadmap, including providing advice related to establishing and optimizing private alternative funds, ETFs and managed investing products.

• Work closely across related functions, including with our Product, Investment Research, Compliance and Operations teams on the launch of new product offerings and services, and provide ongoing support and advice for existing operations. 

• Negotiate and draft agreements and disclosure for Wealthsimple’s wealth management products, including investment management agreements, fund subscription agreements, sub-advisory agreements, offering memoranda, prospectuses, client brochures, fund facts, client account agreements and other account opening documents. 

• Overseeing and advising on governance and risk matters related to our funds, including organizing IRC meetings and board approvals. 

• Provide advice in connection with Canadian securities laws, including National Instrument 31-103, National Instrument 81-102 and CIRO rules.

What you bring to the role:

• A law degree and minimum 5-8 years of experience in securities and/or corporate law, gained at a major Canadian law firm or an in-house corporate legal department.

• Asset management expertise, including experience launching private funds, ETFs and/or mutual funds.

• Familiarity with the regulation of Canadian capital markets intermediaries, including investment dealers, investment fund managers, portfolio managers, custodians, trustees and index providers.

• Rigorous analytical skills and ability to proactively issue spot and problem solve.

• Skills to effectively communicate complex legal concepts to non-legal audiences.

• Project management and organizational skills that can be used to balance competing priorities. 

Nice to Haves

• Fluency in French an asset

Why Wealthsimple?

🤑 Competitive salary with top-tier health benefits and life insurance

📈 Retirement savings matching plan using Wealthsimple Work

🌴 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

We’re a remote-first team, with over 1,000 employees coast to coast in North America. Be a part of our Canadian success story and help shape the financial future of millions — join us!

Read our Culture Manual and learn more about how we work.

DEI Statement

At Wealthsimple, we are building products for a diverse world and we need a diverse team to do that successfully. We strongly encourage applications from everyone regardless of race, religion, colour, national origin, gender, sexual orientation, age, marital status, or disability status. 

Accessibility Statement

Wealthsimple provides an accessible candidate experience. If you need any accommodations or adjustments throughout the interview process and beyond, please let us know, and we will work with you to provide the necessary support and make reasonable accommodations to facilitate your participation. We are continuously working to improve our accessibility practices and welcome any feedback or suggestions on how we can better accommodate candidates with accessibility needs.