Fraud Management, Senior Specialist

Interac; Toronto; On-site; CAD 100,000 - 125,000; Full time

Job summary

A leading financial services provider in Toronto is seeking a Fraud Management Senior Specialist to enhance fraud prevention strategies and conduct risk assessments. The role emphasizes collaboration with product teams and deep knowledge of fraud detection tools. Candidates should have strong expertise in cybersecurity principles and risk management related to fraud, as well as product development experience. This position offers a dynamic work environment focused on safeguarding financial solutions.

Benefits

Competitive compensation and benefits

Opportunities for education and professional growth

Collaborative work culture with passionate colleagues

Qualifications

• Eligibility to work for Interac Corp. in Canada in a full-time capacity.
• Familiarity with fraud detection tools, software, and technologies.
• Understanding of cybersecurity principles and threats.
• Familiarity with risk management principles, especially as they relate to fraud prevention.
• Product development and management knowledge.
• General appreciation of fraud ecosystem and payments industry.

Responsibilities

• Supporting fraud prevention strategies with risk assessments on product enhancements.
• Negotiating fraud prevention solutions with relevant stakeholders.
• Ensuring Fraud Risk Frameworks are integral to business planning and processes.
• Driving consistency across products based on observed design and business decisions.
• Independently assessing fraud risk profiles and recommending improvements.
• Gathering insights to drive fraud prevention recommendations.
• Collecting and analyzing feedback to shape product requirements.
• Staying informed about regulations and compliance related to fraud prevention.

Skills

Familiarity with fraud detection tools, software, and technologies

Understanding of cybersecurity principles and threats

Familiarity with risk management principles

Product development and management knowledge

General appreciation of fraud ecosystem

Job description

Fraud Management Senior 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, and high-performance fraud management specialists? We want to hear from you.

The Fraud Management Senior Specialist is vital for safeguarding the organization based on knowledge to detect, prevent, and address fraud with a deep understanding of emerging threats for strong prevention to be embedded within product lines of business. You will use your expertise with fraud detection tools to conduct risk assessments and recommend solutions.

You’ll be responsible for:

• Supporting fraud prevention strategies by conducting fraud risk assessments on product enhancements and new products to identify and recommend fraud prevention solutions.
• Negotiating the implementation of fraud prevention solutions and working with the Product Owner and Service Owner to make the right trade-off decisions that deliver maximum value to the client.
• Ensuring that the corporation’s Fraud Risk Frameworks are integrated into business planning, operational processes, and end-to-end product development life cycle.
• Driving consistency across the company’s products by observing and leveraging design and business decisions made by other product lines as a helpful point of reference.
• Independently assessing a client's or product's fraud risk profile and making specific recommendations for continuous improvement, influencing the product and design team's direction.
• Proactively gathering insights through market research, fraud performance reports, ad hoc queries, and using those insights on emerging trends to drive fraud prevention and product enhancement recommendations.
• Collecting and analyzing feedback from customers, stakeholders, and internal teams to shape complex requirements, features, and end products for fraud solutions.
• Stay informed about relevant regulations and compliance requirements related to fraud prevention.

You bring:

• Eligibility to work for Interac Corp. in Canada in a full-time capacity.
• Familiarity with fraud detection tools, software, and technologies.
• Understanding of cybersecurity principles and threats.
• Familiarity with risk management principles, especially as they relate to fraud prevention.
• Product development and management knowledge.
• General appreciation of fraud ecosystem and payments industry.

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.