Manager, Internal Controls

Job Description

Manager, Internal Controls | Confidential Employer

The Tone:
This is a full-time role at Wealthsimple, headquartered in Toronto, Canada, operating with a hybrid team model across North America. Wealthsimple is Canada’s leading financial innovator, serving over 4 million Canadians with more than $155 billion in assets under administration, through a comprehensive suite of simple, sophisticated financial products including managed investing, do-it-yourself trading, cryptocurrency, tax filing, spending, and saving solutions. The Internal Controls team plays a critical role in adhering to control frameworks and ensuring a secure operational environment. This Manager role is instrumental in building and expanding the company’s internal controls over financial reporting (ICFR) program, which is vital for meeting regulatory obligations, safeguarding assets, ensuring accurate reporting, and improving process efficiency by building a scalable compliance function.

The TL;DR
• Role: Full Time
• Type: Full-time

• Team: Internal Controls, reporting to the Senior Manager, Internal Controls
• Mission: To build and run the internal controls over financial reporting (ICFR) program, ensuring regulatory compliance and a scalable compliance function.
• Tech Stack: Optro (formerly AuditBoard), AI-enabled tooling

What You’ll Actually Do
• Shape Control Frameworks: Proactively shape effective and efficient controls around existing processes and design an effective control framework for new products as they launch.
• Own ICFR Documentation: Work with external advisors to build out the ICFR program, then own the process narratives, RCMs, flowcharts, and test procedures, keeping them current.
• Direct Control Testing: Plan and direct walkthroughs and testing against the annual ICFR plan, whether done in-house or by a co-source firm, and support control owners in remediating deficiencies.
• Coordinate External Audits: Serve as the primary point of contact for external auditors, coordinating evidence requests, walkthroughs, and finding remediation for financial reporting, SOC 1, and other control-related audits.
• Integrate Business Changes: Proactively work with internal stakeholders to determine the impact of business decisions on financial processes, operations, and engineering, and collaborate with technology to develop best-in-class controls documentation and solutions, including AI-enabled tooling.

The Must-Haves
• Background: Manager-level professional with a CPA designation or equivalent; possesses 5+ years of experience in internal controls or audit, specifically with hands-on ICFR experience under SOX or CSOX, and a working knowledge of COSO 2013.
• Experience: Demonstrated experience working in a SOX or CSOX control environment within a public company, alongside hands-on experience utilizing technology, including AI tools, for documenting, testing, or automating controls.
• Skills: Ability to clearly explain the importance of a strong control environment and build awareness across an organization; capable of articulating complex ideas succinctly and convincingly; a natural curiosity for problem-solving; detail-oriented and rigorous in work; and a passion for fintech and technology.
• Bonus: Experience building or substantially expanding an ICFR program; background in financial services, ideally brokerage, banking, or payments; experience supporting SOC 1 Type 2 audits; familiarity with Optro (formerly AuditBoard); exposure to a high-growth fintech or technology company.