Top Benefits
About the role
Enforcement, Lead
At Interac, we design and deliver products and solutions that give Canadians control over their money so they can get more out of life. But that’s not all. Whether we’re leading real-time money movement, driving innovative commerce solutions like open payments for transit systems, or making advancements in new areas like verification and open banking, we are playing a key role in shaping the future of the digital economy in Canada.
Want to make a lasting impact amongst a community of creative thinkers, problem solvers, technical virtuosos, and high-performance application developers? We want to hear from you.
Reporting to the Compliance Leader, the Compliance Lead, Payments will provide compliance oversight on Interac’s card, mobile, and account-based payment services. You will monitor Interac participants to ensure alignment with applicable network rules and also provide oversight towards Interac’s own compliance obligations relevant to payment services. You will conduct risk assessments on and oversee the inventory of applicable compliance obligations. You will proactively identify instances of non-compliance and oversee the associated remediation. You will engage in effective challenge with participants and internal teams while also supporting business growth through delivery of superior interpretive guidance and solutioning. You will lead Interac’s relationship with the Financial Consumer Agency of Canada (FCAC) and oversee compliance with the Code of Conduct for the Payment Card Industry in Canada (the Code) both for Interac and its participants. You will represent Interac on the Payment Card Network Operators Working Group. You will perform enhanced due diligence and monitoring of downstream/tiered participation arrangements including payment facilitators. You will provide peer leadership and strategic guidance to compliance specialists. You will apply best practices such as PCI DSS and other industry standards as you focus on enhancing control oversight and compliance practices utilizing automation and proactive detection mechanisms.
This is a fast-paced senior compliance role which requires strong analytical skills, ability to lead, and in-depth compliance experience. You are a results focused compliance professional who is driven to protect the organization, support business growth, and embrace change.
You’ll be responsible for:
- Implementing, risk-assessing, and overseeing the inventory compliance obligations applicable to payments services.
- Monitoring and providing effective challenge in the remediation of compliance issues and risks.
- Risk assessing and approving participant exemption requests.
- Leading ongoing monitoring and annual compliance program deliverables.
- Leading Interac’s relationship with the Financial Consumer Agency of Canada and Interac’s Code compliance program.
- Representing Interac at the Payment Card Network Operators Working Group.
- Supporting business growth while protecting the organization by providing compliance insights and challenge on product led policy change proposals.
- Conducting onboarding and ongoing heightened due diligence including for downstream participants such as payment facilitators.
- Providing ongoing support through the ongoing training and interpretative guidance to both participants and internal teams.
- Developing and framing materials/presentations that support senior management in articulating findings and recommendations to key stakeholders.
You bring:
- 7-10 years or more of hands-on experience in compliance preferably within a payments environment.
- In-depth experience designing, implementing, and overseeing compliance programs in payments, financial services, or technology fields.
- Eligibility to work for Interac Corp. in Canada in a full-time capacity.
- Knowledge of activities, tasks, practices and deliverables associated with eliciting, clearly defining and documenting required compliance practices.
- The ability to give meaning to data. You enjoy investigating complex problems and making sense of information.
- Confidence in your ability to communicate detailed information in an impactful way.
- Understanding that success is in the details. You notice things that others don't. Your critical thinking skills help to inform your decision making.
- You are a proactive problem-solver with a demonstrated track record of driving continuous improvement initiatives.
Interac requires employees to complete a background check that is completed by one of our service providers. We use this service to complete the following checks:
- Canadian criminal record check;
- Public safety verification;
- Canadian ID cross-check;
- 5-year employment verification;
- Education verification; and
- If applicable, Credit Inquiry and Social Media Check
How we work
We know that exceptional people have great ideas and are passionate about their work. Our culture encourages excellence and actively rewards contributions with:
Connection: You’re surrounded by talented people every day who are driven by their passion of a common goal.
**Core Values:**They define us. Living them helps us be the best at what we do.
Compensation & Benefits: Pay is driven by individual and corporate performance and we provide a multitude of benefits and perks.
Education: To ensure you are the best at what you do we invest in you
Please be aware of certain individuals fraudulently using Interac Corp.’s name and logo to offer fictitious employment opportunities. Interac Corp. will never ask, solicit, nor accept any monies in exchange for employment opportunities. Any such offers of employment are fraudulent and invalid, and you are strongly advised to exercise great caution and disregard such offers and invitations.
Please note that under no circumstances shall Interac Corp. be held liable or responsible for any claims, losses, damages, expenses, or other inconveniences resulting from or in any way connected to the actions of individuals performing such fraud. Further, such fraudulent communication shall not be treated as any kind of offer or representation by Interac Corp. or its subsidiaries and affiliates.
About Interac Corp.
Interac Corp. empowers Canadians to access, spend and send funds whenever and from wherever they choose. With nearly 300 financial institutions connected to our network, we enable payment and ID experiences that support Canadians’ accelerated use of safe and digital payments while prioritizing interoperability, security, privacy, and inclusivity. We are proud to be one of Canada’s leading and most trusted financial brands, with Canadians choosing Interac products an average of 18 million times a day to pay and exchange money. Interac champions workplace culture and corporate citizenship based on the principles of responsibility, diversity and inclusion.
Interac Corp. permet aux Canadiens d’accéder à des fonds, de les dépenser et de les envoyer où et quand ils le souhaitent. Avec près de 300 institutions financières connectées à notre réseau, nous facilitons les expériences de paiement et d’identification qui soutiennent l’utilisation accélérée par les Canadiens des paiements sécuritaires et numériques tout en priorisant l’interopérabilité, la sécurité, la confidentialité et l’inclusivité. Nous sommes fiers d’être l’une des marques financières les plus importantes et les plus fiables au Canada. En effet, les Canadiens choisissent les produits Interac en moyenne 18 millions de fois par jour pour payer et échanger de l’argent. Interac se fait le champion d’une culture organisationnelle et d’une citoyenneté d’entreprise fondées sur les principes de responsabilité, de diversité et d’inclusion.
Top Benefits
About the role
Enforcement, Lead
At Interac, we design and deliver products and solutions that give Canadians control over their money so they can get more out of life. But that’s not all. Whether we’re leading real-time money movement, driving innovative commerce solutions like open payments for transit systems, or making advancements in new areas like verification and open banking, we are playing a key role in shaping the future of the digital economy in Canada.
Want to make a lasting impact amongst a community of creative thinkers, problem solvers, technical virtuosos, and high-performance application developers? We want to hear from you.
Reporting to the Compliance Leader, the Compliance Lead, Payments will provide compliance oversight on Interac’s card, mobile, and account-based payment services. You will monitor Interac participants to ensure alignment with applicable network rules and also provide oversight towards Interac’s own compliance obligations relevant to payment services. You will conduct risk assessments on and oversee the inventory of applicable compliance obligations. You will proactively identify instances of non-compliance and oversee the associated remediation. You will engage in effective challenge with participants and internal teams while also supporting business growth through delivery of superior interpretive guidance and solutioning. You will lead Interac’s relationship with the Financial Consumer Agency of Canada (FCAC) and oversee compliance with the Code of Conduct for the Payment Card Industry in Canada (the Code) both for Interac and its participants. You will represent Interac on the Payment Card Network Operators Working Group. You will perform enhanced due diligence and monitoring of downstream/tiered participation arrangements including payment facilitators. You will provide peer leadership and strategic guidance to compliance specialists. You will apply best practices such as PCI DSS and other industry standards as you focus on enhancing control oversight and compliance practices utilizing automation and proactive detection mechanisms.
This is a fast-paced senior compliance role which requires strong analytical skills, ability to lead, and in-depth compliance experience. You are a results focused compliance professional who is driven to protect the organization, support business growth, and embrace change.
You’ll be responsible for:
- Implementing, risk-assessing, and overseeing the inventory compliance obligations applicable to payments services.
- Monitoring and providing effective challenge in the remediation of compliance issues and risks.
- Risk assessing and approving participant exemption requests.
- Leading ongoing monitoring and annual compliance program deliverables.
- Leading Interac’s relationship with the Financial Consumer Agency of Canada and Interac’s Code compliance program.
- Representing Interac at the Payment Card Network Operators Working Group.
- Supporting business growth while protecting the organization by providing compliance insights and challenge on product led policy change proposals.
- Conducting onboarding and ongoing heightened due diligence including for downstream participants such as payment facilitators.
- Providing ongoing support through the ongoing training and interpretative guidance to both participants and internal teams.
- Developing and framing materials/presentations that support senior management in articulating findings and recommendations to key stakeholders.
You bring:
- 7-10 years or more of hands-on experience in compliance preferably within a payments environment.
- In-depth experience designing, implementing, and overseeing compliance programs in payments, financial services, or technology fields.
- Eligibility to work for Interac Corp. in Canada in a full-time capacity.
- Knowledge of activities, tasks, practices and deliverables associated with eliciting, clearly defining and documenting required compliance practices.
- The ability to give meaning to data. You enjoy investigating complex problems and making sense of information.
- Confidence in your ability to communicate detailed information in an impactful way.
- Understanding that success is in the details. You notice things that others don't. Your critical thinking skills help to inform your decision making.
- You are a proactive problem-solver with a demonstrated track record of driving continuous improvement initiatives.
Interac requires employees to complete a background check that is completed by one of our service providers. We use this service to complete the following checks:
- Canadian criminal record check;
- Public safety verification;
- Canadian ID cross-check;
- 5-year employment verification;
- Education verification; and
- If applicable, Credit Inquiry and Social Media Check
How we work
We know that exceptional people have great ideas and are passionate about their work. Our culture encourages excellence and actively rewards contributions with:
Connection: You’re surrounded by talented people every day who are driven by their passion of a common goal.
**Core Values:**They define us. Living them helps us be the best at what we do.
Compensation & Benefits: Pay is driven by individual and corporate performance and we provide a multitude of benefits and perks.
Education: To ensure you are the best at what you do we invest in you
Please be aware of certain individuals fraudulently using Interac Corp.’s name and logo to offer fictitious employment opportunities. Interac Corp. will never ask, solicit, nor accept any monies in exchange for employment opportunities. Any such offers of employment are fraudulent and invalid, and you are strongly advised to exercise great caution and disregard such offers and invitations.
Please note that under no circumstances shall Interac Corp. be held liable or responsible for any claims, losses, damages, expenses, or other inconveniences resulting from or in any way connected to the actions of individuals performing such fraud. Further, such fraudulent communication shall not be treated as any kind of offer or representation by Interac Corp. or its subsidiaries and affiliates.
About Interac Corp.
Interac Corp. empowers Canadians to access, spend and send funds whenever and from wherever they choose. With nearly 300 financial institutions connected to our network, we enable payment and ID experiences that support Canadians’ accelerated use of safe and digital payments while prioritizing interoperability, security, privacy, and inclusivity. We are proud to be one of Canada’s leading and most trusted financial brands, with Canadians choosing Interac products an average of 18 million times a day to pay and exchange money. Interac champions workplace culture and corporate citizenship based on the principles of responsibility, diversity and inclusion.
Interac Corp. permet aux Canadiens d’accéder à des fonds, de les dépenser et de les envoyer où et quand ils le souhaitent. Avec près de 300 institutions financières connectées à notre réseau, nous facilitons les expériences de paiement et d’identification qui soutiennent l’utilisation accélérée par les Canadiens des paiements sécuritaires et numériques tout en priorisant l’interopérabilité, la sécurité, la confidentialité et l’inclusivité. Nous sommes fiers d’être l’une des marques financières les plus importantes et les plus fiables au Canada. En effet, les Canadiens choisissent les produits Interac en moyenne 18 millions de fois par jour pour payer et échanger de l’argent. Interac se fait le champion d’une culture organisationnelle et d’une citoyenneté d’entreprise fondées sur les principes de responsabilité, de diversité et d’inclusion.