Full-Time

Director of Information Security

Confirmed live in the last 24 hours

Nova Credit

Nova Credit

51-200 employees

Translates international credit data for newcomers

Fintech
Financial Services

Compensation Overview

CA$200.5k - CA$243kAnnually

Senior

Remote in Canada

Full-time remote role based in Canada.

Category
Cybersecurity
IT & Security
Requirements
  • Over 8 years of experience in compliance or information security roles, with a background in financial services, financial technology, startups, consulting, or other relevant fields.
  • Strong expertise in managing information security programs and risk management. Experience with frameworks such as SOC 2 Type II, ISO 27001, PCI-DSS, and others.
  • Professional certifications in security management, such as Certified Information Systems Security Professional (CISSP), Certified Information Security Manager (CISM), Certified Information Systems Auditor (CISA), or equivalent.
  • Proficient in ensuring compliance with regulatory requirements and industry standards, including GDPR, NIST 800-53, NIST Cybersecurity Framework, HIPAA, and ISO 27001.
  • Demonstrates an agile, responsive, and positive approach to managing shifting priorities.
  • A deep understanding of security risks, threats, and the latest industry trends and technologies to keep IT security operations current and effective, along with a track record in developing and implementing security awareness programs to educate employees about best practices and foster a strong security culture within the organization.
  • Proven experience developing and implementing information security policies and procedures, successfully executing programs that achieve high standards in dynamic environments.
  • Excellent written and verbal communication skills with the ability to effectively convey security and risk-related concepts to both technical and non-technical audiences.
  • An ability to creatively problem solve and find ways to achieve goals with minimal resource use.
  • Ability to work independently and manage and develop a team.
  • Skilled in maintaining strong, positive relationships across different functional areas.
  • Genuine interest in advancing financial inclusion for underserved consumers.
Responsibilities
  • Develop a deep understanding of how our products and services work and are regulated.
  • Conduct an assessment of our compliance and information security suite, developing ideas for documentation, improvement, and greater efficiencies in managing security incidents, technical risks, and vulnerabilities.
  • Familiarize yourself with our control sets, frameworks, and requirements.
  • Support with IT help desk questions from Novans and customer questionnaires.
  • Lead the deployment, monitoring, maintenance, development, documentation, and support of high-quality, reliable IT systems and networks- using industry security standards into practical security operations.
  • Provide hands-on technical expertise to maintain, configure, install, monitor, and support the Nova Credit team.
  • Work closely with our business development and supply teams to coordinate the incoming due diligence, information security, and other regulatory compliance reviews from current and prospective customers and outgoing reviews of data suppliers, including credit bureaus.
  • Lead and manage a team of IT security professionals, providing guidance, development, and support to ensure the effective execution of security initiatives.
  • Be a key stakeholder in information security, driving critical initiatives to our customers and program maturity.
  • Conduct regular risk assessments, audits, and vulnerability tests to identify potential security threats and develop mitigation strategies.
  • Develop and implement the organization's IT security strategy, policies, and procedures.
  • Lead the development of a roadmap to enhance our information security and compliance operations.
  • Prepare and present regular reports to leadership on the organization's IT security posture, including insights, recommendations, and metrics.
  • Monitor and analyze security incidents, investigate breaches, and implement corrective actions as necessary.
  • Develop and implement security awareness programs to educate employees about security best practices and promote a security culture within the organization.
  • Work closely with our compliance program management software and auditors to drive continuous improvement of our compliance program.

Nova Credit helps newcomers to the U.S. by translating their international credit histories into standardized credit reports through its service called Credit Passport®. This allows financial institutions to assess the creditworthiness of these individuals, enabling them to access products like credit cards and loans. Additionally, Nova Credit offers Cash Atlas™, which uses bank transaction data to improve risk prediction for consumers with limited credit histories. The company aims to assist newcomers in integrating into the U.S. financial system and expanding their access to credit.

Company Stage

Series C

Total Funding

$111.2M

Headquarters

San Francisco, California

Founded

2016

Growth & Insights
Headcount

6 month growth

3%

1 year growth

13%

2 year growth

65%
Simplify Jobs

Simplify's Take

What believers are saying

  • Nova Credit's recent $45 million Series C funding round indicates strong investor confidence and provides ample resources for growth and innovation.
  • The launch of the Nova Credit Platform signifies a commitment to redefining credit data onboarding and underwriting, potentially attracting more financial institutions.
  • Collaborations with global entities like Creditinfo and Nottingham Building Society expand Nova Credit's reach and influence in international markets.

What critics are saying

  • The reliance on international credit data may face regulatory challenges and data privacy concerns in different jurisdictions.
  • The competitive fintech landscape requires continuous innovation to maintain a unique value proposition and avoid being overshadowed by larger players.

What makes Nova Credit unique

  • Nova Credit's unique Credit Passport® service translates international credit data into a standardized U.S. credit report, a niche not widely addressed by competitors.
  • Their Cash Atlas™ product leverages consumer-permissioned bank transaction data to enhance risk prediction, providing a dual advantage for both thick-file and thin-file consumers.
  • Strategic partnerships with major financial institutions like RBC and HSBC highlight Nova Credit's credibility and market penetration.

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Benefits

Medical, Dental, and Vision are 99% subsidized for Nova Credit employees, and 50% for dependents.

Nova Credit sponsored 401K plan.

On each work anniversary, Nova Credit will reimburse the cost of a roundtrip economy ticket to any destination in the world.

Unlimited vacation policy.