Payments, Lead, Interac Debit

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.

Payments Lead

Who You Will Work With:

The vacant Payments Lead position will report to the Practice Leader, Interac Debit and Certification and will drive the technical direction and delivery of high-quality software solutions aligned with the Product’s strategic objectives and roadmap. You will provide technical support for Interac Corp. Debit products and services, including mobile payment projects, and ensure full understanding of functional, security, and design specifications.

We are seeking a seasoned leader with a strong software development background and deep expertise in payments infrastructure to oversee the Inter Member Network (IMN) network (POS, ATM and Mobile). This role combines technical leadership, product innovation, and operational excellence, ensuring our payment platforms remain secure, scalable, and future-ready

What You Will Do:

• Define and execute the roadmap for IMN Debit payment network and tokenization service.

• Lead modernization initiatives, API-driven architectures, and cloud-native solutions.

• Partner with engineering teams to design, build, and optimize payment services, transaction routing, and settlement systems.

• Lead the technical direction and delivery of high-quality software solutions that are aligned with the Product’s strategic objectives and roadmap.

• Lead planning, development, performance, and maintenance of software applications

• Collaborate with business stakeholders to gather requirements and deliver technical insights

• Collaborate with banks, card networks, and fintech partners to expand capabilities.

• Develop, enhance, and maintain technical specifications for payments solutions

• Review architecture and design; recommend frameworks and support deployment activities

• Coordinate release management and build deployments in test environments, working with DevOps, platform, networking, and DBA teams

• Serve as the main technical contact for application vendors

• Support client integration testing

• Recommend process improvements based on industry standards and best practices

• Oversee transaction processing, clearing, and settlement across IMN and POS ecosystems.

• Ensure compliance with regulatory frameworks (PCI-DSS, PSD2, NACHA, EMV standards).

• Drive adoption of emerging payment technologies (real-time payments, tokenization, digital wallets, contactless, QR-based payments).

• EMV payments

• API software development

• Hands-on experience with ISO 8583/ISO 20022 messaging formats.

• Knowledge of switching, acquiring, issuing, and merchant services.

• Exposure to API-first payment platforms and open banking frameworks.

• Database processing and ability to write complex SQL queries will be an asset

• Cryptography knowledge will be an asset

• Experience in client end-to-end implementation

• Guide teams in building scalable microservices, APIs, and integration layers for payments.

• Champion DevOps practices, CI/CD pipelines, and secure coding standards.

What You Bring:

• Bachelor’s/master’s degree in computer science, Engineering, Finance, or related field.

• 10+ years of experience in payments technology, with at least 5 years in leadership roles.

• Strong background in software development (Java, .NET, Python, or similar) and system architecture.

• Proven track record in managing large-scale payment systems (IMN, POS, card networks, ACH, real-time payments).

• Deep understanding of transaction lifecycle, authorization, clearing, settlement, and reconciliation.

• Experience with cloud platforms (AWS, Azure, GCP) and containerization (Docker, Kubernetes).

• Familiarity with security protocols, encryption, and identity management in payments.

• Proven technical expertise in large scale/enterprise Java product delivery.

• A strong analytical mindset with the ability to think critically and strategically.

• Exceptional interpersonal skills with a proven track record of fostering positive relationships with stakeholders, clients, and team members

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

What We’re Offering: 

The hiring range for this position is $120,000 to $150,000, 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 you and your immediate family 
• Pregnancy and parental leave top-up to support growing families

Why Join Us?

At Interac, the impact we make, and the people who drive it, is profound. When you become part of our team, you’re joining a purpose-driven organization that’s shaping the future of digital finance in Canada. Here’s 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 what’s 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. That’s 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 [email protected]. 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.