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Intern, Procurement (Summer 2026)

Wealthsimple

Wealthsimple

Operations
Toronto, ON, Canada
Posted on Mar 5, 2026

Location

Toronto, Ontario

Employment Type

Intern

Location Type

Hybrid

Department

Internships

Deadline to Apply

March 12, 2026 at 11:59 PM EDT

Compensation

  • CA$42K – CA$52K

🤑 Base salary range: For this role, candidates located in Canada can expect a base salary range, described in the posting. Actual compensation is determined based on skills, experience, and role level. Exceptional candidates may be considered above the top of the range, and pay can increase quickly for those who make a big impact in the role.

🚀 Total compensation: In addition to base salary, permanent employees receive equity compensation. We use clear job levels and market-based salary bands to ensure compensation is fair and consistent across the company.

Build something people love

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 and expensive and make them transparent and low-cost for everyone. We’re the largest fintech company in Canada, with 3+ million users who trust us with more than $100 billion in assets. And we’re just getting started.

We’re looking for someone who thinks big, sweats the small stuff and keeps things simple. You’ll join a high-bar, fast-paced team where people are trusted to own their work, communicate openly, and ship things that improve our clients’ lives. Collaboration, humility, and an obsession over quality are how we get stuff done.

Be a part of our Canadian success story and help shape the financial future of millions. 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 Procurement 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 Procurement Intern 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.

In this role, you’ll have the opportunity to:

  • 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.

What you'll 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 using our Wealthsimple for Business platform

🌴 20 vacation days + 4 wellness days per year, and unlimited sick and mental health days

✈️ 90 days away program: Employees can work outside of Canada for up to 90 days per calendar year

👥 A wide variety of peer and company-led Employee Resources Groups (e.g., Rainbow, Women of Wealthsimple, Black @ WS)

🌎 We’re a remote first team with over 1,500 employees across North America - and one of the best things about working here is the people. You’ll be collaborating with incredibly talented, curious, and driven teammates who care deeply about doing great 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.

We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.

Compensation Range: CA$42K - CA$52K