Risk Specialist intern

interac; Toronto; Hybrid; CAD 29,000 - 40,000; Part time

Benefits offered by this job

Hybrid work model

Downtown Toronto office near Union STA

Interac learning bootcamp

Job summary

Interac is seeking a Risk Operations Internship in Toronto to design risk processes and turn data into actionable insights. You will work across process engineering, data management, and operational excellence to build next‑gen risk workflows and reporting.

You will collaborate with senior leaders and teams to clarify risk data, improve templates, and embed risk considerations into product features. An undergraduate student in a related field will gain hands-on experience.

Qualifications

• Pursuing an undergraduate degree in Engineering, CS, Data Analytics, Business, or related field.
• Strong analytical mindset and ability to translate data into insights.
• Fluent with Microsoft 365 and comfortable with SharePoint/Teams.
• Hands-on experience with BI tools like Lucid, Power BI, Tableau, or similar.
• Attention to detail, problem-solving, and tolerance for ambiguity.
• Able to work independently and in teams with multiple priorities.
• Curious about how data, design and systems thinking improve risk management.
• Confident engaging with stakeholders and linking work to business processes.
• Disciplined, organized, and deadline/quality driven.
• Experience with risk, compliance, or process design is a plus.

Responsibilities

• Design and build risk operations processes for smarter decisions across the organization.
• Define processes and iterate on reporting templates and visuals using Lucid and similar tools.
• Map and streamline workflows to clarify ownership and risk flow as features are implemented.
• Document and improve processes that support accountability and resilience.
• Collaborate across teams to understand risk reporting needs and integrate them into scalable systems.
• Support evolution of enterprise risk reporting tools and visualization.

Education

Undergraduate degree (Engineering, CS, Data Analytics, Business)

Tools

Lucid

Power BI

Tableau

SharePoint

Teams

Excel

PowerPoint

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:

This is not your typical risk management internship.

We are looking for a data decision-savvy, process design intern to help us reimagine how risk is communicated and operationalized across the business. You'll work at the intersection of process engineering, data management, and operational excellence, helping us build the next generation of risk management and workflow management to integrate risk into operations.

You’ll collaborate directly with senior leaders and cross-functional teams to bring clarity, structure, and insight to complex risk data, turning it into something people actually want to use

What You Will Do:

• Design and build risk operations process that bring risk data to life-enabling smarter, faster decisions across the organization.
• Process definition and iterate on reporting templates and visualizations using tools like Lucid
• Map and streamline workflows to clarify ownership and show how risk moves through the business as we implement and innovate product features.
• Document and improve processes that support accountability, transparency, and operational resilience.
• Collaborate across teams, including business lines, corporate functions, product, technology, data, and compliance to understand risk reporting needs and elevate them into integrated, scalable systems.
• Support the evolution of enterprise risk reporting tools, helping to modernize how risk is visualized, communicated, and embedded across the organization.

What You Bring:

• You are currently pursuing an undergraduate degree in Engineering, Computer Science, Data Analytics, Business, or a related field at a recognized Canadian institution.
• You have a strong analytical mindset and can translate complex data into clear, actionable insights.
• You’re fluent in Microsoft 365 (Excel, PowerPoint, Word, Outlook) and comfortable navigating shared platforms like SharePoint and Teams.
• You have hands-on experience with business intelligence tools like Lucid, Power BI, Tableau, or similar platforms.
• You bring attention to detail, problem-solving skills, and a willingness to work through ambiguity.
• You’re comfortable working independently and collaboratively, managing multiple priorities with confidence and focus.
• You’re curious about how organizations manage risk and how data, design, and systems thinking can make it better.
• You’re confident engaging with stakeholders and understanding how their work connects to broader business processes.
• You’re disciplined, organized, and thrive in environments where deadlines and quality both matter
• You bring attention to detail, problem-solving skills, and a willingness to work through ambiguity
• You’re disciplined, organized, and thrive in environments where deadlines and quality both matter.
• You build trust easily and enjoy working with people across different teams and levels
• Although not required, you have some familiarity or previous experience with the following: An engineering background or experience with risk, compliance, or process design is a plus-but not essential.

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:

• 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