Product Intern, Money Movement

Interac Corp.; Toronto; Hybrid; CAD 30,000 - 39,000; Full time

Benefits offered by this job

Flexible hybrid work model

Downtown Toronto office near Union Stn

Learning bootcamp

Job summary

Interac Corp. invites applications for a paid internship with the Money Movement product team in Toronto. You will support cross-functional colleagues, perform data analyses, and help shape product strategies for Interac e-Transfer across retail, commerce, and business sectors.

The role emphasizes learning through hands-on experience, collaboration with product managers, engineers and designers, and exposure to agile workflows in a hybrid work setting.

Qualifications

• Currently pursuing an undergraduate degree at a Canadian institution with focus on Business, CS, Engineering, Econometrics, Data Science, or related field.
• Strong analytical and communication skills; able to work in cross-functional teams.

Responsibilities

• Support the Product team in day-to-day activities across squads, sales, engineering, marketing and partners.
• Contribute to early-stage strategy development for Interac e-Transfer in various spaces.
• Evaluate release processes and help create diagrams, organize Confluence, and support communications.

Skills

Data analysis

SQL

Tableau

Excel

Google Analytics

Power BI

MS Office

Education

Undergraduate degree in progress

Tools

Jira

Trello

Asana

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

The intern will join Interac's Money Movement product team, working closely with product managers, engineers, designers, and business stakeholders. You will contribute to shaping product features, gathering insights, and driving key initiatives. This is a hands-on role that will be responsible for supporting the Money Movement team in driving product evolution and supporting day-to-day product activities. You are someone who can quickly understand (or rapidly learn) the payments ecosystem, demonstrate strong strategic capability, and bring fresh, forward-looking ideas to work.

What You Will Do

• Support the Product team in day-to-day activities with stakeholder groups (squads, sales, engineering, marketing, and partners) to address product-related issues and concerns.
• Support early-stage strategy development for Interac e-Transfer in the retail, commerce, and business spaces.
• Support the evaluation of our existing release processes and help create new process diagrams, organize confluence and support ongoing communications.
• Provide general support to the product roadmap, defining requirements, conducting product research, and assisting in squads to deliver corporate objectives.
• Conduct market research and analyze user feedback to identify opportunities for product improvements.
• Prepare documentation and conduct research as requested by the squad and/or product team.
• Work with large, unclean data sources to visualize/democratize data and insights, assess emerging themes, and showcase how solutions could fit within the broader ecosystem.

What You Bring

• Currently completing an undergraduate degree from a creditable Canadian institution with a focus on Business, Computer Science, Engineering, Econometrics, Data Science, or a related field.
• Strong analytical, critical thinking, problem-solving, written, verbal communication, organization, and time management skills.
• Ability to collaborate in a cross-functional environment and work independently.
• Experience with data analysis, research and tools (Google Analytics/Sheets, SQL, Tableau, MS Excel).
• Ability to translate user feedback into actionable product insights.
• Proficiency in the Microsoft Office Suite (Outlook, Word, PowerPoint, Excel, Power BI, MS Teams) with a preference for working knowledge of Excel.
• Although not required, you have some familiarity or previous experience with the following:
• Basic knowledge or experience with sentiment analysis.
• Basic knowledge or experience with open-source software packages.
• Experience with SQL or Python for data analysis.
• Experience with product management tools like Jira, Trello, or Asana.
• Interest in software development or technical background.
• Familiarity with product development processes and agile methodologies.

What We’re Offering

The hourly pay rate for this position is $25, and the internship term runs from January to April 2027. The exact amount will depend on factors such as skills, experience, and job-related knowledge. An internship opportunity at Interac also features:

• Flexible hybrid work model with monthly intern socials for better work-life balance.
• Convenient downtown Toronto office located minutes away from Union Station.
• Interac learning bootcamp designed to help you hit the ground running.

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.

About Interac Corp.

Interac empowers Canadians to transact digitally with confidence by providing payment and value exchange services. In helping to develop the future of money and data in Canada, security is the core of everything we do. We help keep Canadian customers safe and secure when transacting. With nearly 300 financial institutions connected to our network, Canadians choose Interac products over 20 million times a day on average to exchange money. Interac champions workplace culture, community, and corporate citizenship. We are proud to be one of Canada's leading and most trusted financial brands.