Payments Canada
    July 10, 2024
    Ottawa, Canada
    Job Type


    Job Description

    Posted Thursday, June 27, 2024 at 12:00 AM

    Payments Canada’s purpose is to make payments easier, smarter and safer for all Canadians. We care deeply about our employees’ well-being and are committed to providing a flexible, hybrid work environment that supports in-person connection and remote work. 

    |Get to Know Us

    We are a unique organization situated at the centre of Canada’s payments ecosystem. We own and operate payment systems that process hundreds of billions of dollars worth of payment transactions every business day. We convene ecosystem participants to discuss their multiple and diverse interests and ideas, and to navigate industry-level challenges. We adhere to a set of values that in themselves are tensions: Inspire Trust, Build Community and Enable Change. 

    Payments Canada where our country connects:

    |Our Culture 

    We are a collaborative, diverse and passionate group of individuals. We support one another, make impactful contributions to the organization, and develop and nurture meaningful connections across our ecosystem!

    Come and join us - Where Payments Meets Purpose!

    |About the role

    The Chief Information Security Officer (CISO) will serve as the overarching leader for Security at Payments Canada. You will provide oversight to ensure all aspects of Payments Canada’s security program are current, adhere to regulatory requirements and are designed to support the strategic business objectives of the organization. This role entails the development and implementation of comprehensive security strategies that safeguard our critical systems and data. Reporting directly to the Chief Information Officer (CIO), You will act as a strategic partner, ensuring alignment between security initiatives and the organization’s broader business and technological goals. The ideal candidate possesses a deep expertise in cybersecurity, risk management, and corporate security, with a proven track record of leading cross-functional teams and driving security innovations in a complex and dynamic environment.

    |What you’ll do

    Your responsibilities for this role will include:

    Security Program Delivery:

    • You will manage a security program to support the business objectives of Payments Canada, ensuring security policies and standards promote the safety and soundness of Payments Canada owned and operated systems.
    • You will work closely with the 2nd line Risk Team to support the management of security related risks that could impact the organization’s ability to achieve its objectives.
    • You will ensure the continuous monitoring, identification and mitigation of vulnerabilities and internal and external threats.
    • You will monitor the compliance of IT and security standards and controls, ensuring that these are maintained and updated as required in accordance with Payments Canada’s overarching Information Security Policy.

    Security Advisory Leadership:

    • You will develop and execute Cybersecurity Resilience Strategies that support Payments Canada’s Strategic Plans.
    • You will promote a culture of security and influence security-based behaviors for all Payments Canada employees and consultants through awareness and training programs
    • You will maintain a strong grasp of information security strategy, solid security subject matter expertise, and strong interpersonal and communication skills to present recommendations in a compelling manner to all audiences, including technical staff, executive management and Payments Canada members.
    • You will provide regular updates on the organization's security posture, risks, and incident responses to the CEO and Board of Directors to ensure transparency and alignment with the organization's strategic objectives.
    • You will demonstrate a strong executive presence and experience at C-Suite level including Payments Canada members and global FMI CIOs and CISOs.
    • You will play an active role in security related industry committees and working groups, both domestically and globally (i.e. CFRG, FS-ISAC,etc.).

    Operational Leadership Team:

    • You will be an integral part of the Operational Leadership team. As a member of the Operational Leadership Team (OLT) you will manage and oversee corporate planning and promote operational excellence throughout Payments Canada.

    |Minimum Qualifications

    • Undergraduate degree in computer science or another related field;
    • Minimum of fifteen (15) years of progressive experience in a combination of information systems and information security;
    • Minimum of (5) years of leadership experience in the field of information security;
    • Experience in developing relationships with internal and external stakeholders at all levels;
    • Experience with maintaining an enterprise security architecture;
    • Experience with security frameworks such as ISO2700x or NIST standards;
    • Knowledge of information security principles, practices, technologies, and procedures;
    • Knowledge of information risk management methodologies and techniques for identifying and managing threats, and vulnerabilities;
    • Eligibility to obtain secret clearance.

    |Preferred Qualifications

    • Experience in physical security is considered an asset;
    • Certified Information Systems Security Professional (CISSP) certification is considered an asset;
    • Bilingualism (English and French) is considered an asset.

    |Salary Range

    • Based on qualifications and experience: $161,805  and 202,256.

    Payments Meets Purpose - What you can expect from us

    • Flexible, hybrid (remote/office) environment;
    • Competitive compensation package, including annual variable bonus and defined contribution pension plan with employer matching percentage (If eligible);
    • Comprehensive health and dental benefit coverage, including mental health coverage, life insurance and a health spending account for you and your dependents (Permanent and temporary employee's with contracts 12 months & over);
    • Paid time off: minimum four weeks paid vacation, sick and personal days, December Holiday Shutdown and Cultural Holiday Observance Days;
    • 26 Weeks of paid maternity and parental leave top-up;
    • Rewards and recognition program;
    • Access to Office Gym Facilities;
    • Internal and external professional development opportunities;
    • Fun team and organizational events;
    • Monthly All Staff Forums led by our Executive Leadership Team.

    |Our Diversity, Inclusion and Equity Commitment

    At Payments Canada, we are committed to making everyone feel they can be themselves and thrive at work. We will continue to build on a foundation of respect and appreciation for diversity in all forms and collectively create an inclusive and equitable culture where our differences are valued.

    We are committed to employment equity and actively encourage applications from women, Aboriginal people, persons with disabilities and visible minorities. If selected for an interview, please advise us if you require special accommodation by emailing

    We thank all applicants for their interest in this opportunity. Preference will be given to Canadian citizens and permanent residents. Only selected candidates will be contacted for an interview. Interviews may be conducted virtually or in person.

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