Risk Management, Lead, RTR

Risk Management Lead, Real Time Rail (“RTR”)

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 Risk Management Lead, RTR will play a pivotal role in identifying, assessing, and mitigating risks, ensuring the integrity and resilience of Interac's operations. Your responsibilities will extend to providing advisory services to the assigned lines of business (LoBs) on all risk and prominent payment system (PPS) regulatory compliance issues. As a key member of the Risk team, you will actively contribute to the implementation of risk management initiatives within targeted segments of Interac's business.

You’ll be responsible for:  

• Leading ongoing risk assessments of inherent and residual risks for the RTR line of business​.

• Providing independent and effective challenge to risk assessments performed and the mitigation plans developed by the LoB.

• Supporting the assigned LoB on all one-time, ad hoc and ongoing PPS related deliverables and acting as a PPS regulatory compliance input provider​ - providing input on LoBs on behalf of the PPS Regulatory ​Compliance Lead.

• Providing risk management and PPS regulatory compliance expertise and guidance on projects and initiatives, existing and new products/services to internal business partners​.

• The development and monitoring of RTR related Risk Appetite Metrics and thresholds.

• Supporting respective LoBs and providing input on behalf of LoBs to the Operational Risk Management Lead during the RCSA process, assessing the design and operational effectiveness of processes and controls.​

• Contributing to the Management Risk Committee & Board Risk Committee and preparing materials to capture the risks facing the organization including mitigation strategies​.

You bring:  

• A university degree in Computer Science, Business, Finance or equivalent.

• Minimum ten (10) plus years of relevant work experience, with a focus on risk management, statutory and/or regulatory reporting to OSFI, BoC, etc., and/or regulatory compliance.

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

• Banking/Payment/fintech knowledge.

• Ability to grasp large amount of data and/or technical information and distill and craft executive level communication appropriate for the intended audience.

• Excellent leadership, organizational, communication, and relationship building skills.

• Strong analytical acumen, strategic thinking, professional judgement, and creative problem-solving skills.

• Excellent written and verbal communication skills at a senior/executive level.

• Ability to create and foster a strong culture of collaboration and partnership with cross-functional peers.

• Thorough understanding of risk assessment best practices, concepts, practices and tools.

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.