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Ndax Canada

Regulated Canadian cryptocurrency exchange and OTC

Fractional Virtual Chief Information Security Officer - Financial Services/Crypto experience

Part-Time
No salary listed
Expert
Calgary, AB, Canada
In Person
CybersecuritySecurity Governance, Risk & Compliance

About the job

Requirements
  • At least 10 years of experience in information security, including at least 5 years in a CISO, virtual Chief Information Security Officer, or head of security role.
  • Experience leading security programs at a regulated financial services, fintech, or digital asset company.
  • Working knowledge of Canadian regulatory expectations for registered dealers and money services businesses, including CIRO, CSA, FINTRAC, and Canadian privacy law.
  • Hands-on experience taking an organization through SOC 2 or ISO 27001 audits.
  • A track record of building incident response programs and leading real incidents.
  • Experience managing and developing security staff.
  • Ability to brief a board and an engineering team clearly.
  • Sign a confidentiality agreement and pass a background check before starting.
Responsibilities
  • Lead, manage, and mentor the internal security team.
  • Own the information security strategy and multi-year roadmap.
  • Assess the current security posture and identify gaps, risks, and priorities.
  • Report security risks, metrics, and program progress to executives and the board.
  • Build and maintain security policies, standards, procedures, and controls.
  • Maintain compliance with Canadian securities, anti-money laundering, and privacy requirements, including CIRO, the CSA, FINTRAC, PIPEDA, and Alberta's PIPA.
  • Lead audit readiness for SOC 2, ISO 27001, or similar frameworks, and act as the security point of contact for auditors and regulators.
  • Oversee vendor and third-party risk, including custodians, cloud providers, and key technology partners.
  • Set security standards for custody, wallet infrastructure, and cryptographic key management.
  • Guide cloud, application, and identity and access security across the trading platform.
  • Oversee vulnerability management, penetration testing, and threat monitoring.
  • Develop, test, and maintain incident response and business continuity plans.
  • Lead responses to security incidents, including required regulatory notifications.
  • Drive security awareness and training across the company.
  • Be reachable for urgent security incidents outside regular hours, as agreed in the contract.
Desired Qualifications
  • Experience securing cryptocurrency custody, hot and cold wallet operations, or hardware security module and multi-party computation key management.
  • Familiarity with NIST Cybersecurity Framework, CIS Controls, or Cryptocurrency Security Standard.
  • Background in cloud security using AWS or Azure, and securing trading or payments platforms.
  • Certifications such as CISSP, CISM, CISA, or CCSK.

About the company

NDAX Canada is a regulated cryptocurrency exchange serving retail and institutional clients in Canada. It supports 60+ cryptocurrencies, a user-friendly trading interface with features like auto-invest and staking, and an OTC desk (NDAX Wealth) plus a white-label platform for large trades and businesses. Security is core, with offline multi-signature cold storage via Ledger Vault, segregated Canadian trust accounts for client funds, MPC-based hot wallets, and mandatory two-factor authentication, all backed by FINTRAC MSB registration, AMF registration, CIRO as an Investment Dealer and ATS, and SOC 2 Type II. The goal is to be the trusted gateway for Canadians to access digital assets by combining strong security and regulatory compliance with access to both retail trading and institutional crypto services, and by integrating crypto with the traditional banking system.

Company Size

51-200

Company Stage

N/A

Total Funding

N/A

Headquarters

Calgary, Canada

Founded

2017

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Simplify's Take

What believers are saying

  • KOHO Crypto launched April 29, 2026, expanding NDAX distribution to 2.5 million users.
  • NDAX’s 2026 relief fund and fraud commentary strengthen trust with Canadian regulators and users.
  • MeetAmi’s July 2025 wealth platform opens advisor, family-office, and institutional revenue channels.

What critics are saying

  • The OSC decision expires December 19, 2026, reopening regulatory uncertainty around operations.
  • BC litigation against NDAX over a C$671,000 scam ended favorably, but fraud claims persist.
  • KOHO and Wealthsimple compress fees, threatening NDAX’s retail margin and brand relevance.

What makes Ndax Canada unique

  • NDAX holds CIRO dealer-member status and ATS recognition, rare in Canadian crypto.
  • NDAX’s regulated infrastructure powers KOHO Crypto’s April 2026 launch and MeetAmi wealth tooling.
  • NDAX emphasizes SOC 2 Type II, custody, and Canadian-dollar trading for compliance.

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Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Disability Insurance
  • Life Insurance
  • Paid Time Off
  • Professional Development Budget
  • Stock Options
  • Company Equity
  • Performance Bonus
  • Gym Membership
  • Remote Work Options

Growth & Insights

6 month growth

-28%

1 year growth

-45%

2 year growth

-45%