Enforcement Specialist

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 Leader, Compliance, the Enforcement Specialist will oversee Interac’s networks ensuring participant level and systemic compliance with our applicable governing requirements. You will be responsible for supporting and enhancing Interac’s participant compliance oversight practices. You will conduct monitoring and testing of Interac Participants and oversee remediation of instances of non-compliance. You will provide effective challenge to participants but also provide in-depth expertise and interpretive guidance around complex compliance scenarios. You will 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’ll be responsible for:

• Monitoring and providing effective challenge in the remediation of participant compliance issues.
• Risk assessing and approving participant operating regulation exemption requests.
• Measuring participant compliance and program effectiveness via effective design and application of KRIs & KPIs.
• Identifying and implementing efficiencies, automation, and improvements to compliance effectiveness.
• Conducting complex multi-party investigations into possible non-compliance scenarios.
• Leading initial compliance program activities for new participants.
• Supporting participant monitoring and testing activities, such as the Annual Compliance Program, to assess ongoing compliance.
• Documenting compliance processes, procedures, and standards.
• Implementing and owning the inventory of operating regulation obligations and risk assessments.
• Providing ongoing participant support through the ongoing training and interpretative guidance where appropriate.
• Developing and framing materials/presentations that support senior management in articulating findings and recommendations to key stakeholders.

You bring:

• 4-6 years or more of hands-on experience as a senior compliance professional.
• 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.