Principal Program Manager, Upstart

Security

$187.9-260k

+ Bonus + Equity

Expert level
Remote in US
Austin
San Francisco Bay Area

More information about location

Upstart

AI lending marketplace

Open for applications

Upstart

AI lending marketplace

1001+ employees

B2CMarketplaceLendingFinancial Services

Open for applications

$187.9-260k

+ Bonus + Equity

Expert level
Remote in US
Austin
San Francisco Bay Area

More information about location

1001+ employees

B2CMarketplaceLendingFinancial Services

Company mission

To enable effortless credit based on true risk.

Role

Who you are

  • An experienced leader with deep subject matter expertise across 2-3 security domains (e.g. Application Security, Infrastructure Security, Enterprise Security, Detection & Response, Security GRC, Customer Trust, Offensive Security)
  • Ability to easily engage engineers and senior leadership on security topics through clear and simple communications both written and verbal
  • Ability to promote innovative security solutions and can independently manage the ambiguity to lead change
  • Strong Security Program Management capabilities with experience leading large multi-team/multi-quarter security initiatives and portfolio management
  • Effective ability to manage relationships from deeper technical levels to senior leadership to influence the shaping and prioritization of security initiatives
  • Can successfully coach, mentor, and inspire a talented and senior team of security professionals
  • 10+ years of experience as a Security leader, open to strong individual contributors and people leadership

What the job involves

  • Information Security plays a vital role in keeping Upstart’s products and enterprise safe from threats, and provides confidence to our customers, partners, and industry regulators
  • Our organization supports Upstart’s cultural values by introducing secure solutions at the speed of business while reducing friction for our customers, partners, and Upstarters
  • We seek a state where we have safety by design, deep stakeholder partnerships, and the appropriate security posture to defend against threats
  • Our team of security professionals are committed to making Upstart safer each day
  • As a Principal Security Program Manager you’ll take a lead in shaping and delivering our top security initiatives
  • This role will guide InfoSec through strategic planning & execution along with providing transparency and awareness throughout Upstart
  • You will need to lean on your deep security expertise to ensure we’re continuously prioritizing and effectively addressing our biggest security concerns
  • This role will report to the CISO and will have a broad range of responsibilities from the shaping of our control posture, reduction of operational burden, development of key security health metrics, and budget management
  • This team operates across all US time zones
  • Partner with our CISO in driving strategic planning and execution of our security roadmap
  • Influence senior leaders in understanding and prioritizing security initiatives
  • Represent Upstart Security to external partners, regulators, and investors
  • Partner with security leaders to reduce operational burden and define Upstart’s key security metrics

Our take

Business startups across the world usually seek out funding, but this is often difficult for companies led by millenials. Millennial entrepreneurs with an excellent track record in business are increasingly requiring access to these loans, but their lack of credit history results in proposals frequently being declined.

Upstart provides loans that are aimed towards the target audience of millennials with entrepreneurial intentions, offering low interest rates that average at 12%. The company claims these rates are 10% lower than traditional lenders, and the service aims towards ensuring that the client is subject to no further fees (such as prepayment penalties).

Upstart claims that its unique selling point lies in the fact that its loans are funded the day after approval. Whilst the service focuses on personal loans for business, the company has also expanded to offer loans for car refinancing. Over 2022 and 23, Upstart's stocks fell dramatically and an investigation was undertaken by a law firm representing the company's long-term investors over alleged security law violations by its board of directors. However, the end of 2023 saw a 20% stock value rise for Upstart after its partnership with Mutual Security Credit Union led to a rise in customers, indicating that it is on the up after a difficult two years.

Freddie headshot

Freddie

Company Specialist

Insights

Top investors

Some candidates hear
back within 2 weeks

-16% employee growth in 12 months

Company

Funding (last 2 of 6 rounds)

Apr 2019

$50m

SERIES D

Mar 2017

$32.5m

SERIES D

Total funding: $135.7m

Company benefits

  • Comprehensive health plans
  • 401k Plan
  • Life insurance
  • Disability insuranc
  • Generous vacation policy
  • Flexible time off
  • Parental leave
  • Technology equipment budget
  • Personal development budget
  • Various clubs and extracurricular activities
  • Catered lunches
  • Fully-stocked micro-kitchen

Company values

  • Every second counts
  • Do the right thing even when it's hard
  • Make clever use of numbers
  • Be smart and know you might be wrong
  • Don't assume it can be done

Company HQ

South San Mateo, San Mateo, CA

Leadership

David Girouard

(CEO)

They started their career at Accenture and Booz Allen & Hamilton before working in Product Management at Apple and Virage. They left their role of 8 years as President of Enterprise at Google to found Upstart in March 2012.

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