Senior Manager, Procurement

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 $80 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.

Join our Finance team and play a key role in Procurement transformation. As the Senior Manager, Procurement, you will be part of a team focused on driving operational efficiencies and cost savings. You will collaborate with stakeholders across the organization to develop and implement procurement strategies that support our business goals. This is an exciting opportunity to make a significant impact on our company's success.

The Senior Manager, Procurement is a strategic leader responsible for the entire procurement lifecycle, from systems and processes to team leadership and stakeholder collaboration. This role requires a balance of hands-on operational expertise and a long-term strategic vision to ensure our procurement function is a key enabler of business success.

• Develop and implement innovative, long-term procurement strategies and processes that align with company goals.
• Lead the continuous optimization of our procurement platform, Zip, collaborating with the provider to maximize system capabilities and integrate new features.
• Design and refine intake-to-procure and procure-to-pay workflows to support scaling business needs.
• Develop, implement, and maintain procurement policies and procedures, ensuring compliance across the organization.

• Establish and maintain strong, unified relationships with key suppliers, negotiating favorable contracts and terms.
• Implement and manage supplier performance metrics and evaluations to ensure adherence to quality, cost, and delivery standards.
• Develop and implement risk mitigation strategies and ensure compliance with relevant laws and regulations in all third-party relationships.
• Work closely with Security in third-party risk management.

• Build, manage, and develop a high-performing procurement team, setting clear goals and expectations for all members.
• Mentor and coach staff to improve their skills and performance, fostering a culture of continuous improvement and professional growth.
• Manage the procurement department's budget effectively, contributing to overall company budgeting processes.

• Serve as the primary point of contact for procurement, providing comprehensive training on Zip and best practices to cross-functional teams.
• Effectively communicate procurement strategies and performance to senior management and manage internal client relationships and expectations.
• Collaborate with other departments, including Finance, Legal, and Operations, to ensure alignment with business goals and to facilitate smooth procurement processes.

• At least 5-7 years of experience in procurement operations in the technology sector 
• Proven experience in leading and managing a team.
• Deep knowledge of procurement systems and processes, with specific experience in procurement platform implementation and optimization.
• Experience using Zip is a significant asset.
• Excellent analytical and problem-solving skills, with deep knowledge of business processes.
• Outstanding communication and leadership abilities, with a track record of influencing stakeholders at all levels.
• Proficiency in data analysis and reporting, with experience in defining and tracking key performance indicators.

Please apply to this position by October 20th.

Why Wealthsimple?

🤑 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

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.

Technology & Innovation at Wealthsimple

We believe the future belongs to those who innovate boldly. At Wealthsimple, every team member is expected to lean into new technologies, including AI, and tooling to rethink how we work, solve problems faster, and create even greater value. We're looking for people who are not just comfortable with change but energized by it. Our commitment is to build a company that evolves at the pace of the world around us, and we want you to help lead that future.

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.