Enforcement, Specialist

at  Interac Corp

ENFORCEMENT, SPECIALIST

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, technical virtuosos, and high-performance application developers? We want to hear from you.
Reporting to the Leader, Compliance, the Enforcement, Specialist will oversee Interac’s networks ensuring participant level and systemic compliance with our applicable governing requirements. You will be responsible for supporting and enhancing Interac’s participant compliance oversight practices. You will conduct monitoring and testing of Interac Participants and oversee remediation of instances of non-compliance. You will provide effective challenge to participants but also provide in-depth expertise and interpretive guidance around complex compliance scenarios. You will focus on enhancing control oversight and compliance practices utilizing automation and proactive detection mechanisms. This is a fast-paced senior compliance role which requires strong analytical skills, ability to lead, and in-depth compliance experience.

• Monitoring and providing effective challenge in the remediation of participant compliance issues.
• Risk assessing and approving participant operating regulation exemption requests.
• Measuring participant compliance and program effectiveness via effective design and application of KRIs & KPIs.
• Identifying and implementing efficiencies, automation, and improvements to compliance effectiveness.
• Conducting complex multi-party investigations into possible non-compliance scenarios.
• Leading initial compliance program activities for new participants.
• Supporting participant monitoring and testing activities, such as the Annual Compliance Program, to assess ongoing compliance.
• Documenting compliance processes, procedures, and standards.
• Implementing and owning the inventory of operating regulation obligations and risk assessments.
• Providing ongoing participant support through the ongoing training and interpretative guidance where appropriate.
• Developing and framing materials/presentations that support senior management in articulating findings and recommendations to key stakeholders.