Director, Fraud Operations

Toronto or Remote (Canada)

Full Time Executive-level / Director
Wealthsimple logo

Wealthsimple

Wealthsimple is the simple way to grow your money like the world's most sophisticated investors. No-maintenance portfolios, expert investment advisers and low fees.

View all employer listings

Apply now Apply later

Wealthsimple is on a mission to help everyone achieve financial freedom, no matter who they are or how much they have. Using smart technology, Wealthsimple takes financial services that are often confusing, opaque and expensive and makes them simple, transparent, and low-cost. We're the company behind some of Canada's leading digital financial products, and are growing faster than ever.
Our team is reimagining what it means to manage your money. Smart, high-performing team members will challenge you to learn and grow every day. We value great work and great ideas. We're looking for talented people who love a fast-paced environment, and want to ship often and make an impact with groundbreaking ideas.
We’re a remote-first team and output is more important than face time, so where you choose to work is up to you — as long as you have internet access, you can work from anywhere in Canada. 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.
Fraud Operations @ Wealthsimple
Fraud Operations is a critical component of our fraud risk management practices at Wealthsimple. Resolving fraud concerns on clients accounts in a timely and accurate manner is critically important in protecting Wealthsimple and our clients from fraud. This group is also continually focused on improving our processes and procedures to provide the best possible client experience at market leading operational efficiency.
The Fraud Operations team will encompass both the business process management and the customer facing resolution of fraud concerns. This role will partner closely with engineering and analytical groups within the Fraud domain as well as the broader customer experience organization.
We value impact on a day by day basis. We value better over perfect. We value today over tomorrow. 
The Role
Clients of Wealthsimple trust us with their money for day to day spending, stock trading, retirement, their children's education, or their first home. This trust is paramount to the success of Wealthsimple. We are looking for a Director of Fraud Operations who will provide great client experiences to protect their trust.
Wealthsimple is a fintech company which makes it an attractive target for fraud and other financial crimes. In this role you will build a team of teams around fraud process management and operations. You will provide mentorship to your team and act as a people lead, while reporting to the VP of Fraud and Risk.

Your core responsibilities are

  • Build a best-in-class Fraud Operations team that excels in fraud detection, investigation and case resolution.
  • Scale the team to effectively fight new and emerging threats.
  • Grow the fraud investigations team and build an efficient function for retrieving funds that have been lost due to fraud.
  • Leverage new operational tooling and strong process design to reduce case SLAs while increasing accuracy
  • Collaborate with other business units to ensure sufficient operations capacity exists to support product growth and emerging fraud trends

In this role you will

  • Love using data to make better decisions.
  • Believe that simple is better, Occam's razor is your friend.
  • Take ownership and ship it.
  • You release incrementally and iteratively.
  • Get the best out of the team by leveraging their diverse backgrounds.
  • Teach and learn from your team members. We value making others successful.

We are looking for someone who

  • Is a builder: you love building inclusive and diverse teams and building out new operational functions
  • Has a risk management mindset and is focused on building resilient business practices
  • Has experience leading large operations teams and lean/ six sigma process improvement methodologies
  • Is able to think cross-functionally across operations, analytics and customer experience
  • Has worked as a leader of fraud operations teams for 5+ years.
  • Able to balance the interests of our customers (frictionless & instant user experience) and the financial risk of Wealthsimple.
  • Able to tailor our fraud fighting narrative to their audience using their excellent communication skills
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. Wealthsimple provides an accessible candidate experience. If you need any accommodations or adjustments throughout the interview process and beyond, please let us know.
Job perks/benefits: Flex vacation Startup environment
Job region(s): North America
Job stats:  2  1  0
  • Share this job via
  • or

Explore more Remote Work and WFH career opportunities