Fraud Analyst

Interac; Toronto; Hybrid; CAD 80,000 - 100,000; Part time

Job summary

A leading financial technology company in Toronto is seeking a Part-Time Fraud Analyst to identify and mitigate threats to their products and services. The role involves compliance with fraud management processes and collaboration with client fraud operations teams. Ideal candidates have a Bachelor’s degree in a relevant field and possess strong analytical and communication skills. This position offers a hiring range of $24.50 and a flexible hybrid work model, promoting a supportive workplace for all employees.

Benefits

Flexible hybrid work model

Supportive workplace culture

Qualifications

• Bachelor’s degree or equivalent combination of education and experience.
• Prior customer service experience is an asset.
• Proficiency in data review and analysis.

Responsibilities

• Ensure compliance with fraud management processes and investigate fraud alerts.
• Oversee fraud mailboxes and address inquiries.
• Identify and elevate emerging fraud trends.

Skills

Attention to detail

Basic data analysis

Effective investigative skills

Clear communication

Organizational skills

Time management

Education

Bachelor’s degree in finance, Business Administration, Criminal Justice, Information Technology, or related field

Tools

Microsoft Office Suite

Job description

Who We Are:

Every transaction matters. Every Canadian matters. At Interac, we protect both — driving trust, security, and inclusion, so our digital economy thrives.
Founded in 1984, Interac connects Canadians through secure digital payments, advanced identity verification and industry-leading fraud protection. Connecting banks, businesses, and individuals, Interac enables millions to send, receive, and manage money safely and effortlessly every day — across both digital and physical environments.

As the backbone of Canada’s financial ecosystem, Interac facilitates over 20 million transactions daily, supported by trusted partnerships with government and financial institutions. Consistently ranked as Canada’s most reputable financial technology brand, Interac is deeply embedded in the daily lives of Canadians.

Who You Will Work With:

Th e vacant Part-Time Fraud Analystrolewillreport to theLeader, Fraud Operations. Fraud Analysts operate in a high-paced team environment, responsible for identifying and mitigating real-time threats across INTERAC products and services, including INTERAC e-Transfer, Konek Gateway Service, Interac Direct, International Remittance, Interac Debit & Cash (including cross-border transactions), and other emerging offerings. By evaluating high-risk transactions and managing customer escalations, Fraud Analysts play a critical role in maintaining the safety and security if Interac products.

Acting as the primary point of contact for client fraud operations teams, Fraud Analysts collaborate closely with fraud and risk teams at financial institutions and partner organizations to proactively detect and prevent fraudulent activity. Through adherence to established fraud management protocols, fraud analysts ensure that customer escalations are handled efficiently and in alignment with INTERAC’s commitment to best-in-class customer service.

What You Will Do :

• Ensure compliance with established Fraud Management processes and KPIs to maintain a consistent approach to fraud alert investigations.
• Oversee centralized fraud mailboxes, promptly addressing stakeholder inquiries and escalating threats to protect the Interac brand reputation.
• Review, prioritize, and elevate client information requests as required, ensuring responses are timely and precise.
• Utilize the MUSIC framework (Measure, Understand, Solve, Implement, Check) in conjunction with available tools and data to extract key insights with a goal of continuous improvement in fraud detection.
• Identify and elevate emerging fraud trends with fraud operations and countermeasures to sustain effective fraud operations detection and countermeasures effectiveness.
• Support the INTERAC e-Transfer Helpdesk by managing and resolving tickets within established SLAs.
• Monitor accuracy, health and functionality of enterprise fraud systems, immediately escalating any system errors or issues to ensure continuity in fraud prevention.
• If required, act as a backup for Sr. Analysts, supporting tasks such as post-change validations, application health checks, and UAT/regression testing to strengthen system reliability and business value for stakeholders.

What You Bring :

• Bachelor’s degree in finance, Business Administration, Criminal Justice, Information Technology, or a related field. An equivalent combination of education and relevant work experience may also be considered.
• Prior experience in customer service is an asset, contributing to effective client interactions and client resolution management.
• Attention to detail and accuracy in data review
• Basic data analysis skills to identify trends and anomalies
• Effective investigative skills with a focus on efficiency and managing large volumes of alert investigations
• Clear and concise written and verbal communication abilities
• Strong organizational and time management skills
• Ability to follow established processes and work independently with minimal supervision
• Basic proficiency in Microsoft Office Suite, especially Excel, is an asset
• Eligibility to work for Interac Corp. in Canada in a full-time capacity.

What We’re Offering:

The hiring range for this position is$24.50 and you will also be eligible for our Flexible hybrid work model for better work-life balance

Why Join Us?

At Interac, the impact we make, and the people who drive it, is profound. When you become part of our team, you’re joining a purpose-driven organization that’s shaping the future of digital finance in Canada. Here’s what you can expect:

• Investing in the Future – Help us unlock digital prosperity for all Canadians.
• Innovative Thinking – Collaborate on products, practices, and platforms that redefine what’s possible.
• Inclusive Culture – Be empowered to bring your whole self to work and realize your full potential.
• Inspiring Community – Work in an ecosystem where we lift each other up and rise together.
• Intentional Support – Enjoy flexible, supportive offerings that prioritize your total wellness.

Additional Pre-Employment Requirements:

To ensure the integrity of our organization, successful candidates will be required to complete background checks, which may include, Canadian Criminal Credit Check, Canadian ID Cross-Check, Public Safety Verification, 5-year Employment Verification, Education Verification, Credit Check, and Social Media Check.

Equal Opportunity Employer

Interac is also an equal opportunity employer committed to fostering a diverse and inclusive workplace. We believe that innovation thrives when people from different backgrounds, experiences, and perspectives come together. That’s why we are committed to providing fair and equitable employment opportunities for all individuals, without discrimination based on race, color, ancestry, ethnic origin, place of origin, citizenship, creed, sex, sexual orientation, gender identity or expression, age, marital or family status, disability, or any other characteristic protected by applicable law.

If you require accommodation during any stage of the application or recruitment process, please contact us at [e-mail]. We will work with you to meet your needs.

Please be aware that certain individuals are misusing Interac Corp.’s name and logo to promote fictitious employment opportunities. Interac Corp. never requests, solicits, or accepts any form of payment in exchange for employment. Any such offers are fraudulent and should be disregarded. Interac Corp. assumes no liability for any claims, losses, damages, expenses, or inconveniences arising from or related to these fraudulent activities. Such communications do not constitute an offer or representation by Interac Corp. or its subsidiaries and affiliates.