Full-Time

GRC Engineer

Cloud & Application Security

Confirmed live in the last 24 hours

ONE Finance

ONE Finance

1,001-5,000 employees

Digital banking platform with high-yield savings

Fintech

Compensation Overview

$175k - $190kAnnually

Senior

Remote in USA

Category
Cybersecurity
IT & Security
Required Skills
Kubernetes
Docker
AWS
Requirements
  • 5+ years of experience in security governance, cloud and application security assessments, risk management, and/or third party risk.
  • Strong knowledge of various industry standard frameworks such as NIST, FFIEC, SOC 2, PCI DSS, HiTrust, etc.
  • Thorough knowledge of enterprise-scale security architecture, cloud security, and application security best practices.
  • Domain knowledge of multiple disciplines including IT systems, networking, security, and compliance.
  • Familiarity with containerization technologies (e.g., Docker, Kubernetes) and CI/CD pipelines.
  • Excellent written and verbal communication skills, with the ability to convey technical concepts to both technical and non-technical audiences.
  • Strong analytical and problem-solving skills with the ability to work independently and as part of a team.
  • Relevant certifications such as AWS Certified Security Specialty, Certified Information Systems Security Professional (CISSP), or Certified Cloud Security Professional (CCSP) are a plus.
Responsibilities
  • Proactively evaluate the security configurations of One’s applications and AWS services, such as IAM, VPC, S3, EKS, RDS, and Lambda, based on best practices and One’s established security standards.
  • Determine detailed remediation plans and steps for security gaps, and work independently or in conjunction with stakeholders to resolve such gaps.
  • Define, publish, and maintain company-wide security standards and requirements based on industry best practices, evolving threat landscape, and new security-related regulations & frameworks.
  • Perform in-depth security assessments of third party hosted applications and systems, and provide security recommendations on the desired integration with such systems.
  • Collaborate with team members on performing security reviews on new product features, system architectures, and business processes.
  • Support ongoing information security audit initiatives and compliance projects with the team.
  • Share guidance and training to internal One teams on overall information security, AWS security, and compliance requirements.
  • Engage with both technology and business teams as a consultant for any security-related issues that affect One’s product features and offering.

One Finance provides a digital banking platform through its mobile app, allowing users to manage their finances conveniently. The app offers a debit Mastercard® and is designed for both individuals and small businesses. By partnering with Coastal Community Bank, One Finance enables users to access banking services without being a bank itself. A key feature of the app is a high-yield savings account that offers an Annual Percentage Yield (APY) of up to 5.00% on balances up to $250,000, which is significantly higher than typical savings accounts. One Finance generates revenue primarily through interchange fees when customers use their debit card for purchases. Additional benefits include early direct deposit, cash back rewards at Walmart, instant money transfers, and overdraft protection. The goal of One Finance is to provide a cost-effective and user-friendly financial management solution that helps customers grow their savings and avoid unnecessary fees.

Company Stage

Seed

Total Funding

$66.7M

Headquarters

New York City, New York

Founded

2022

Growth & Insights
Headcount

6 month growth

15%

1 year growth

58%

2 year growth

214%
Simplify Jobs

Simplify's Take

What believers are saying

  • The potential launch of a BNPL service backed by Walmart could significantly expand ONE Finance's product offerings and customer base.
  • High APY on savings accounts can attract a large number of customers looking for better returns on their deposits.
  • The backing and majority ownership by Walmart provide financial stability and a strong market presence.

What critics are saying

  • The fintech market is highly competitive, with numerous players offering similar services, which could impact customer acquisition and retention.
  • Reliance on interchange fees for revenue may be vulnerable to regulatory changes and market fluctuations.

What makes ONE Finance unique

  • ONE Finance offers a high-yield savings account with an APY of up to 5.00%, significantly higher than the industry average.
  • The partnership with Coastal Community Bank allows ONE Finance to provide banking services without being a bank itself, reducing regulatory burdens.
  • The integration of features like early direct deposit, cash back at Walmart, and overdraft protection makes ONE Finance a comprehensive financial solution.

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