Intern, Procurement (Summer 2026)

Intern, Procurement (Summer 2026) 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 https://www.wealthsimple.com/en-ca/culture and learn more about how we work https://www.wealthsimple.com/en-ca/careers. 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 fin ... (truncated, view full listing at source)