Full-Time

Information Security Lead

Posted on 8/9/2024

Method Financial

Method Financial

11-50 employees

API for comprehensive debt management solutions

Fintech
Financial Services

Compensation Overview

$150k - $200kAnnually

Senior

Washington, DC, USA + 2 more

More locations: Austin, TX, USA | New York, NY, USA

Remote option available, but specific cities are prioritized.

Category
Cybersecurity
IT & Security
Required Skills
Microsoft Azure
AWS
Requirements
  • Proven experience in managing and securing macOS environments and deploying endpoint security solutions
  • Solid background in public cloud infrastructures like AWS, Cloudflare or Microsoft Azure, and proficiency in managing cloud security aspects
  • Expertise in identity and access management, including familiarity with protocols like SAML, OAUTH, and SCIM.
  • 6+ years of experience in information security, preferably experience with financial institutions (banks, credit unions, financial services)
  • Proven track record of developing and implementing comprehensive information security programs
  • In-depth knowledge of security frameworks, standards, and regulations (e.g. NIST, SOC 2 Type 2, PCI-DSS)
  • Strong technical skills in areas such as network security, access controls, vulnerability management, and incident response
  • Excellent communication, project management, and problem-solving abilities
Responsibilities
  • Develop and maintain the organization's information security strategy, policies, standards, and procedures
  • Oversee the implementation and ongoing management of security controls, technologies, and processes
  • Support our security and privacy certification processes (e.g. SOC2, PCI-DSS)
  • Collaborate closely with IT, Engineering, Product, and Legal departments to enhance security frameworks and compliance with established policies
  • Develop and maintain a vendor risk management program consistent with internal policies and risk thresholds
  • Assist Sales & Product with inquiries from prospective customers, including:
  • Completing pre-sales security reviews
  • Answering specific RFP questions
  • Providing details around the security features of the product
  • Lead initiatives in data protection through advanced sharing controls, Data Loss Prevention (DLP), and other relevant security mechanisms

MethodFi provides a debt management solution through a single application programming interface (API) that allows developers to integrate features like loan repayment and balance transfers into their applications. The API can handle various types of debts, including student loans and credit cards, and retrieves real-time data without needing user credentials. MethodFi distinguishes itself by lowering lending risk and increasing revenue for businesses while improving users' financial health. The company generates revenue by charging for its API and related services, including compliance and identity verification.

Company Stage

Series A

Total Funding

$18M

Headquarters

Austin, Texas

Founded

2021

Growth & Insights
Headcount

6 month growth

↓ -4%

1 year growth

↑ 0%

2 year growth

↓ -2%
Simplify Jobs

Simplify's Take

What believers are saying

  • Partnerships with companies like Happy Money enhance debt consolidation and payment processes.
  • Rising demand for real-time financial data integration boosts Method's market potential.
  • Method's $16M Series A funding supports product development and team expansion.

What critics are saying

  • Increased competition from fintech startups may dilute Method's market share.
  • Reliance on partnerships poses risks if partners develop in-house solutions.
  • Rapid scaling plans could lead to operational challenges and resource strain.

What makes Method Financial unique

  • Method Financial offers a debt-agnostic API for diverse liabilities management.
  • The API provides real-time data without requiring user credentials, enhancing security.
  • Method's partnerships, like with BitPay, integrate crypto payments with traditional finance.

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Benefits

đź’° Competitive salary + equity

🧑‍💻 Remote first + flexible work schedule

🏡 Home office stipend + hardware

🏖️ Unlimited PTO

🏥 Full healthcare

đź“š Learning stipend

👶 Paid parental leave

🏫 Student loan repayment

INACTIVE