Build something people love
Wealthsimple's mission is to help everyone achieve financial freedom – by making financial services simple, transparent, and low-cost. We're Canada's largest fintech, trusted by over 3 million clients with more than $100 billion in assets. We move fast, we own our work, and we care deeply about the people using our products. If that sounds like you, keep reading.
We're proud of what we've built — and we're just getting started. Read our Culture Manual and learn more about how we work.
Internships @ Wealthsimple
At Wealthsimple, we offer 4 to 8-month internships that are open to co-op and non-co-op students, and recent grads. During your internship, you will have the opportunity to contribute to projects that are changing the landscape of financial services for Canadians. You will be on a team that supports your growth, provides mentorship, and connects you to the broader Wealthsimple community!Our internship program follows a hybrid work model, where you’ll be working from our Toronto headquarters on Wednesdays and Thursdays. This structure offers the flexibility of remote work, while also providing the collaboration, connection, and mentorship that come from being together in person.
Eligibility
✔ Currently enrolled as a student at a Canadian post-secondary institution or technical bootcamp
✔ New graduates - Within 6 months of your graduation date
✔ Available to work full-time hours
✔ Residing in Canada
✔ Able to commute to our Toronto HQ on Wednesdays and Thursdays
About the team
Join our Finance team and play a key role in Procurement transformation. The Procurement team is responsible for managing the company’s vendor spend, ensuring we secure the best value from vendors while maintaining compliance and mitigating risk. We act as strategic partners to all departments, supporting everything from software licensing to professional services. We focus on efficiency and scalability, constantly working to optimize our purchasing processes so our teams have the tools they need, when they need them.
About the role
The Procurement Intern will be a critical support function, specializing in streamlining high-volume, low-value (under $50,000) purchasing transactions and improving data hygiene across our systems. This is a 4-month term that will run from May 11 - August 28.
What you'll do
Assist with the end-to-end processing of agreements, including new purchase requests and subscription renewals. Serving as the final checkpoint to close off requests and ensure accuracy and compliance.
Support our Spend Under Management transformation by helping ensure all vendor invoices are backed by an approved Purchase Order before payment.
Coordinate intake within our e-procurement software (Zip), managing the intake and routing process and ensuring all documentation is complete.
Drive supplier e-invoicing adoption by onboarding vendors onto the Zip supplier portal, providing hands-on support to improve compliance and reduce manual invoice processing.
Proactively engage with internal requesters and external vendors to resolve information gaps, obtain necessary approvals, and accelerate the purchasing cycle.
Partner with Accounts Payable to accurately enter invoices into our systems, ensuring timely and compliant payment processing.
Monitor open POs for available funds, proactively flagging and resolving POs at risk of running out of budget before transactions are complete.
Maintain records of vendor communications and request statuses, and support the generation of basic reports on request cycle times and procurement bottlenecks.
Support system integrity by performing duplicate invoice audits, validating tax treatment, and reconciling non-compliant transactions in Float.
Assist with resolving payment exceptions, including returned EFT/ACH payments and financial system integration issues.
Skills you bring
Currently pursuing a Bachelor's degree in Business Administration, Supply Chain, Finance, or a related field.
Exceptional organizational skills and a keen attention to detail, especially when managing multiple requests simultaneously.
Strong verbal and written communication skills for professional follow-up with internal stakeholders and external vendors.
A proactive, problem-solving mindset with the ability to identify bottlenecks and suggest process improvements.
Comfort with data entry and a high degree of accuracy when processing transactions and managing records.
Curiosity and comfort with AI tools to improve productivity, automate repetitive tasks, and support process improvements.
Proficiency with enterprise software (or a quick ability to learn) such as our procurement tool, Zip.
Why Wealthsimple?
🌸 Top-tier health benefits and life insurance
📈 Long-term group savings with employer match, through Wealthsimple for Business
🌴 20 vacation days, 4 wellness days, and unlimited sick and mental health days per year
✈️ 90 days away: work outside Canada for up to 90 days per year
👥 Employee resource groups, including Rainbow (2SLGBTQ), Women of WS, and Black at WS
🌎 We are a hybrid team with over 1,500 employees across North America. The people are one of the best parts of working here: you'll collaborate with incredibly talented, curious, and driven teammates who are deeply committed to doing great work.
ICYMI
Technology & Innovation at Wealthsimple: We move quickly and build thoughtfully. That means we're always looking for better ways to work — whether that's new tools, AI, or rethinking how we approach a problem. We don't expect you to have all the answers, but we do expect curiosity and a willingness to evolve alongside the products we're building.
Inclusion Statement: We're building products for a diverse world, and we need a diverse team to do it well. We strongly encourage applications from everyone, regardless of race, religion, colour, national origin, gender, sexual orientation, age, marital status, or disability status.
Accessibility Statement: We're committed to an accessible hiring experience. If you need any accommodations throughout the interview process, please let us know — we'll work with you to make sure you have what you need. We also welcome any feedback on how we can better accommodate candidates with accessibility needs.
AI in Hiring: We may use artificial intelligence (AI) tools to support parts of our hiring process, such as reviewing applications, analyzing resumes, or assessing responses. These tools assist our team but don't replace human judgment – all final hiring decisions are made by people. If you have questions about how your data is used, reach out to us.
Compensation Range: CA$42K - CA$52K