Leader, Fraud Product Management

Posted 3 Days Ago
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Toronto, ON
Senior level
Fintech • Payments • Financial Services
The Role
The Leader of Fraud Product Management at Interac will create and implement fraud prevention strategies, manage regulations, engage stakeholders, and utilize data analytics to combat fraud. This role involves both managing a team and contributing to product development to enhance market offerings against emerging fraud threats.
Summary Generated by Built In

Leader, Fraud Product Management

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 application developers? We want to hear from you.

The Fraud Management Leader is a Player/Coach role, where time is shared between team management (~50%) and being deployed into squad work (~50%). You will be 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’ll be responsible for:  

  • Developing and articulating a comprehensive fraud prevention strategy aligned with the organization's goals.

  • Ensuring that we are managing our fraud prevention metrics. Ensuring appropriate fraud regulations are put in place for product enhancements and new products.

  • Managing regulations, handling escalations and ensuring that we meet or exceed our fraud prevention metrics​.

  • Being an expert in change management principles and methodologies​.

  • Utilizing data analytics to analyze patterns, trends, and anomalies indicative of fraudulent activities.​

  • Collaborating with various departments, including risk management, cybersecurity, data analyst and legal, to align fraud prevention strategies with broader organizational goals.​

  • Engaging with key stakeholders, including executives, customers, and internal teams, to communicate the importance of fraud prevention efforts.​

You bring:

  • Eligibility to work for Interac Corp. in Canada in a full-time capacity. 

  • In-depth knowledge of fraud detection technologies, tools, and platforms. Understanding of machine learning and artificial intelligence techniques used in fraud detection.​

  • Proficiency in data analysis​.

  • Understanding of cybersecurity principles, common fraud tactics, and security best practices. Familiarity with encryption, authentication, and other security measures.​

  • Knowledge of risk management principles as they pertain to fraud prevention.​

  • Experience in leading the development of fraud prevention products and features.

  • Problem-solving skills 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

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.

Top Skills

Artificial Intelligence
Machine Learning
The Company
Toronto, , Ontario
829 Employees
On-site Workplace
Year Founded: 1984

What We Do

Interac Corp. empowers Canadians to access, spend and send funds whenever and from wherever they choose. With nearly 300 financial institutions connected to our network, we enable payment and ID experiences that support Canadians’ accelerated use of safe and digital payments while prioritizing interoperability, security, privacy, and inclusivity. We are proud to be one of Canada’s leading and most trusted financial brands, with Canadians choosing Interac products an average of 18 million times a day to pay and exchange money. Interac champions workplace culture and corporate citizenship based on the principles of responsibility, diversity and inclusion

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