Director, Governance, Risk and Compliance (GRC)

Who We Are

At Momentum Financial Services Group, we help people move forward by reimagining how money works for those who need it most. With more than 40 years of experience, we’re the team behind Money Mart—Canada’s largest non-bank branch network—and a leader in financial solutions for underserved communities.

From short-term loans to money transfers and prepaid cards, we power the products, technology, and operations that connect over a million customers a year to the money they need, when they need it.

At MFSG, we come together across teams and departments to create something bigger than ourselves: solutions that remove barriers and give people access to money they might not get anywhere else. Whether you're solving problems, building systems, or shaping strategy, your work fuels real support for real people.

We’ve Got You Covered

Compensation Philosophy: Our strategy is simple—we aim to match the market. We regularly review industry standards to ensure our total rewards package is competitive and fair. This commitment helps us attract and retain talented individuals who share our purpose.

Discretionary Annual Bonus: Enjoy the opportunity for a discretionary bonus based on individual performance and company success.

Comprehensive Benefits: Our benefits include health and dental plans with 100% of the premiums covered. We also offer an Employee Assistance Program to support your mental well-being and provide resources for personal challenges.

Retirement Plans: Plan for your future with our robust retirement savings options, ensuring you’re set for the long haul.

Hybrid Work Environment: Experience the best of both worlds with our hybrid work model, allowing you to balance remote work with in-office. When you're at our corporate head office, enjoy a relaxed and collaborative environment featuring breakout rooms for brainstorming and unwinding, plus a variety of snacks to keep you energized throughout the day.

Perks and Rewards: Enjoy reimbursement for tuition assistance and professional development, discounts through Perkopolis and participate in our rewards and recognition programs to celebrate your contributions.

The Job: Director, Governance, Risk and Compliance (GRC)

We’re seeking a Director, Governance, Risk and Compliance (GRC) to lead and operate MFSG’s cybersecurity governance, cyber risk management, compliance, and data governance functions. This is a highly hands-on senior individual contributor role responsible for strengthening governance frameworks, overseeing cyber risk activities, supporting regulatory compliance, and driving risk-informed decision-making across the organization.

What You’ll Do

Cyber Risk Management & Governance:

Own and operate the enterprise cyber risk management framework

Maintain cybersecurity, technology, and data risk registers

Conduct cyber risk assessments across business processes, systems, vendors, and strategic initiatives

Define and track key risk indicators (KRIs), metrics, and remediation activities

Support post-incident risk reviews and continuous improvement efforts

Compliance, Audit & Regulatory Oversight:

Support internal and external audits, regulatory reviews, and customer due diligence requests

Validate control effectiveness and coordinate audit evidence collection

Manage cybersecurity policy governance and exception management processes

Ensure alignment with industry frameworks including NIST, ISO 27001, privacy regulations, and financial sector requirements

Data Governance & Third-Party Risk Management:

Partner with data governance, privacy, legal, and compliance teams to manage information risk

Oversee data governance activities including classification, retention, protection, access governance, and recovery controls

Support vendor and third-party risk assessments and remediation efforts

Reporting, Stakeholder Engagement & Cross-Functional Influence:

Prepare executive-level cyber risk reporting and governance updates

Present risk trends, control gaps, remediation progress, and emerging risks to leadership

Influence business, technology, and control owners to drive risk reduction activities

Build strong relationships across cybersecurity, IT, legal, compliance, enterprise risk, and operational teams

Governance Program Development & Operational Leadership:

Develop and mature cybersecurity governance programs, policies, standards, and procedures

Improve GRC processes, workflows, and governance effectiveness

Personally execute critical deliverables in a hands-on leadership capacity

Balance business objectives with practical, risk-based governance and security controls

What You’ll Bring to the Table

10+ years of experience in information security, cybersecurity, technology risk, or IT controls

At least 5 years of direct GRC experience, including 3+ years in a leadership capacity

Experience within banking, fintech, insurance, payments, wealth management, or another regulated financial services environment

Proven success operating as a senior individual contributor with ownership of risk assessments, governance documentation, executive reporting, and remediation tracking

Strong understanding of enterprise cyber risk management, governance, and compliance practices

Extensive experience with data governance risk management, privacy controls, and information asset protection

Experience managing cyber risk registers, risk reviews, issue management, and remediation programs

Strong knowledge of Canadian financial sector regulatory expectations, operational resilience principles, and privacy obligations

Excellent communication skills with the ability to translate technical issues into clear business risk language

Education + Experience

Bachelor’s degree in Cybersecurity, Information Systems, Computer Science, Risk Management, or a related field, or equivalent practical experience

Experience supporting audits, regulatory reviews, customer security assessments, and control testing activities

Strong understanding of identity and access management, data protection, cloud security, vulnerability management, incident response, third-party risk, and business continuity

Preferred Qualifications

Experience within a Canadian regulated financial institution or fintech organization

Professional certifications such as CISSP, CISM, CRISC, CGEIT, or ISO 27001 Lead Implementer/Auditor

Experience implementing or enhancing GRC platforms, workflow automation, and reporting dashboards

Familiarity with PCI DSS, SOC 2, cloud control frameworks, and privacy control frameworks

Experience mapping controls across multiple regulatory and compliance frameworks

Closing

Ready to lead cybersecurity governance and influence enterprise risk decisions across a growing organization? Join us and help strengthen the security, resilience, and compliance foundation of MFSG.

Please note: The salary range for this position is between C$175,000 to C$ 190,000.

Committed to Equal Opportunity:

MFSG is committed to accommodating applicants up to the point of undue hardship during the recruitment, assessment and selection process. If you are selected for an interview, please notify MFSG if you require accommodation in respect of the materials or procedures used at any time during this process. If you require accommodation, MFSG will work with you to determine how to meet your needs.

#JS

About MFSG – Our Commitment to Responsible Innovation

At MFSG, we are committed to building innovative solutions grounded in ethical, transparent, and responsible use of data and technology. Aligned with the principles outlined in Canada’s Artificial Intelligence and Data Act (AIDA), we take a proactive approach to ensuring that any AI or data-driven systems we use are safe, fair, and accountable.

This posting is for a current position within our organization, offering the opportunity to contribute to meaningfu