Data Scientist
Job Description & How to Apply Below
Toronto time type:
Full time posted on:
Posted 4 Days Agojob requisition :
REQ-2059
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* 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:
** The vacant Data Scientist role will report to the Leader, Fraud Analytics & Countermeasures.
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* What You Will Do:
*** Collaborating with fraud product owners and software developers to enable deployment of fraud solutions that will scale across the company’s 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.
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* 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 Corp. in Canada in a full-time capacity.
** What We’re Offering:
** The hiring range for this position is $90,000 - $120,000, 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 Interac’s 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…
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