Full-Time

Director IT Infrastructure

Infrastructure

Posted on 7/17/2025

Momentum Financial Services Group

Momentum Financial Services Group

1,001-5,000 employees

Alternative financial services and cash access

No salary listed

Toronto, ON, Canada

Hybrid

Category
DevOps & Infrastructure (2)
,
Requirements
  • Bachelor’s degree in Computer Science, Information Technology, or related field required
  • AWS, ITIL, PMP, MCSE certifications are a plus
  • 12+ years of progressive IT infrastructure, architecture, and operations experience
  • 8+ years of hands-on enterprise infrastructure management (on-prem and AWS)
  • 5+ years in leadership roles overseeing cross-functional infrastructure teams and strategy
  • Proven track record leading cloud migrations, infrastructure modernization, and compliance-driven programs in financial services or similarly regulated industries
  • Deep expertise in enterprise infrastructure architecture, hybrid and cloud-native environments (AWS focus)
  • Strong knowledge of infrastructure security, data protection, and cloud governance in regulated industries
  • Excellent communication and stakeholder management skills with the ability to present to executives, boards, and auditors
  • Skilled in vendor evaluation and negotiation, including contracts and SLAs
  • Demonstrated ability to lead cross-functional teams, drive change, and build high-performing talent
  • Familiarity with IT service management frameworks, enterprise architecture methodologies (e.g., TOGAF), and compliance standards (ISO 27001, SOC 2, GLBA)
  • Strong technical expertise across compute, storage, networking, DevOps tooling, and disaster recovery solutions
Responsibilities
  • Manage all aspects of IT infrastructure operations across on-premises, hybrid, and AWS environments
  • Lead modernization initiatives, including cloud migration, legacy decommissioning, and infrastructure upgrades
  • Recommend, design, and implement enterprise architecture strategies, including serverless and cloud-native approaches
  • Oversee IT infrastructure budgets, including AWS cost governance, forecasting, and optimization
  • Partner with business leaders, risk, and compliance teams to ensure resilience, security, and audit readiness
  • Develop and maintain enterprise architecture models across operational, data, and business intelligence environments
  • Advise on cloud and infrastructure strategies, security controls, automation, and implementation methodologies
  • Lead working groups to ensure governance, lifecycle management, and continuous improvement of infrastructure standards
  • Manage vendor relationships, contracts, and performance metrics for infrastructure providers
  • Implement IT service management (ITSM) standards, tools (e.g., ServiceNow), and methodologies aligned with ITIL v4
  • Design and manage service catalog and service level management, including SLOs for cloud services
  • Identify and mitigate infrastructure risks, including cybersecurity threats and cloud migration challenges
  • Promote a risk-aware culture by proactively escalating significant risk issues to senior leadership
  • Research and pilot new infrastructure technologies (e.g., containerization, observability, IaC) to align with business goals
Desired Qualifications
  • Cloud migration experience in financial services or similarly regulated industries
  • Experience with cost governance and optimization in AWS
  • Experience with containerization and observability tooling
  • Experience leading security and risk initiatives in large-scale IT environments
  • Experience with disaster recovery and business continuity planning
Momentum Financial Services Group

Momentum Financial Services Group

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Momentum Financial Services Group provides alternative financial solutions across North America for people who are unbanked or underbanked, including those with impaired credit who may not qualify for traditional banking products. The company operates a dual-channel model with a large network of physical retail locations in the United States and Canada, plus digital and mobile platforms, so customers can access cash and financial services in person or online. Its offerings include personal loans, check cashing, domestic and international money transfers, and prepaid card services. Compared with traditional banks, Momentum focuses on serving clients who are often left out of mainstream finance, using both storefronts and digital tools to reach them wherever they prefer to transact. The company’s goal is to be a vital financial resource for hardworking individuals by meeting needs that conventional financial institutions do not fully address.

Company Size

1,001-5,000

Company Stage

Debt Financing

Total Funding

$482.5M

Headquarters

Toronto, Canada

Founded

1979

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Simplify's Take

What believers are saying

  • Ares upsized loan facility to C$657.9M on June 24, 2025.
  • Expanded capital funds growing loan receivables portfolio.
  • Supports North American expansion for underbanked customers.

What critics are saying

  • CFPB enforcement caps rates, compressing margins 20-40% in 12-24 months.
  • Ares facility matures 2027-2028, refinancing hikes costs C$20-33M yearly.
  • Wise and PayPal erode 30-50% transaction volume in 18-36 months.

What makes Momentum Financial Services Group unique

  • Momentum targets underbanked with omni-channel loans and check cashing.
  • Operates 360 Canadian and 60 U.S. stores under Money Mart brand.
  • 40 years experience since 1979 as Dollar Financial Group.

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Benefits

Hybrid Work Options

Company News

Gulf & Main Magazine
Jun 25th, 2025
Gulf & Main Magazine | Press Releases

With the expansion of its credit facility, Momentum Financial Services Group now has additional capital to fund its growing loan receivables portfolio and meet the needs of its North American customers. The additional funds will be used to repay the 2023 secured loan facility and fuel further expansion in eligible loan receivables.

INACTIVE