Data Scientist

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

Who You Will Work With:

The vacant Data Scientist role will report to the Leader Fraud Analytics & Countermeasures.

What You Will Do:

• Collaborating with fraud product owners and software developers to enable deployment of fraud solutions that will scale across the companys ecosystem.

• Working with large complex data sets to solve difficult non-routine analysis problems applying advanced analytical methods as needed.

• Conducting end-to-end analysis that includes data gathering and requirements specification processing analysis ongoing deliverables and presentations.

• Collaborating with business customers and fraud product owners to understand needs recommend strategy enhancements and deploy predictive analytics across multiple platforms.

• Researching developing deploying and analyzing testing strategies to continuously improve current fraud related deliverables.

• Preparing detailed documentation to transfer knowledge and satisfy governance and regulatory concerns.

• Communicating technical fraud solutions to non-technical audiences.

• Consulting on applying quantitative problem solving to business problems using analytics in both mentoring and classroom settings.

What You Bring:

• A degree in Business Mathematics Science Statistics or equivalent combination of education and industry experience.

• 3 or more years of experience in the financial industry.

• 3 years or more of experience in data analytics.

• 2 years or more of experience using machine learning.

• Strong knowledge and skills in mathematics.

• A strong sense of planning priority setting problem resolution and decision making.

• Knowledge of Interac products.

• Expert knowledge of data mining databases SQL and machine learning.

• Experience with the following technologies/databases: Oracle HDFS Redshift Spark (PySpark) Python.

• Strong knowledge of the Canadian payment industry payments transaction data and process flows.

• Knowledge of IT processes and infrastructure required to support analytics.

• Significant experience working with implementing concepts such as predictive modeling profiling feature development behavioral analysis clustering and data mining.

• Excellent inter-personal skills communication problem solving conflict management client-focused customer-driven and able to work under pressure.

• Familiarity with Cloudera Jupyter Github AWS is an asset.

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

What Were Offering:

The hiring range for this position is $90000 - $120000 and you will also be eligible for our short-term incentive plan. The exact amount will depend on factors such as skills experience and job-related knowledge but Interacs commitment goes beyond compensation. Our Total Rewards package is designed to support your well-being and future and includes:

• Generous vacation and wellness days to help you recharge

• Comprehensive employer-paid benefits coverage for peace of mind

• Market-leading employer-funded RRSP program to invest in your future

• Flexible hybrid work model for better work-life balance

• Access to a free and confidential 24/7 employee & family assistance program to offer support for you and your immediate family

• Pregnancy and parental leave top-up to support growing families

• Charitable donation matching with United Way to amplify your impact

Why Join Us

At Interac the impact we make and the people who drive it is profound. When you become part of our team youre joining a purpose-driven organization thats shaping the future of digital finance in Canada. Heres 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 whats 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. Thats 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 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.