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Salary
≈ $34k – $63k per year (Estimated)
Location
Hybrid (Toronto, Canada)
Seniority
Intern
Employment
Internship

Confirmed on the employer's own hiring board on Oct 15, 2026. First seen by Alion on Oct 15, 2026. Interac scores B on the Alion truth index.

Overview
Company
Impact
Profile match
Interac is a Canadian interbank network, founded in 1984, that provides debit and e-Transfer payment services. It also offers identity verification and fraud protection and hires quality engineers, technical writers, planning analysts and compliance staff. The company is headquartered in Toronto, Ontario, Canada.

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:

Reporting to the Head of Strategy, the Strategy Intern will support the development of key strategic initiatives that enhance the business and align with Interac’s long-term priorities. You will collaborate with internal teams to assist in researching emerging trends, analyzing market and competitive dynamics, and identifying growth opportunities.

You’ll help gather insights and data to inform strategic recommendations and performance measurement. This role is an opportunity to gain hands-on experience in how strategy is developed and executed within Canada’s financial services industry while contributing to high-impact projects that shape Interac’s future direction.

What You Will Do:

  • Assisting in the development of strategic recommendations that support long-term business objectives.
  • Supporting the strategic planning process by conducting research, preparing presentations, and contributing to board and leadership materials.
  • Helping with opportunity sizing, business case development, and market analysis for new initiatives and growth opportunities.
  • Translating complex ideas into clear, concise summaries and visuals for internal and external stakeholders.
  • Researching and summarizing emerging trends and foresight signals to inform strategic priorities and planning discussions.
  • Collecting and analyzing data to identify insights, track performance metrics, and support decision-making.
  • Collaborating with cross-functional teams to contribute to ongoing strategic projects and initiatives.

What You Bring:

  • You are currently enrolled in a university or college program in a relevant discipline, such as business, economics, finance, or computer science.
  • Strong analytical and problem-solving skills, with the ability to interpret data, identify insights, and support decision-making.
  • Excellent written and verbal communication skills, with the ability to articulate ideas and collaborate effectively with diverse teams.
  • Proficiency with GenAI and Data analysis tools (e.g., Excel, SQL, Tableau) and comfort conducting market research.
  • The ability to distill complex ideas into clear, actionable insights and connect the dots across different initiatives.
  • Demonstrated initiative and curiosity to thrive in fast-paced, dynamic environments while adapting to ambiguity.
  • Some exposure to consulting, strategy, or business operations through coursework, projects, or internships.
  • An interest in building relationships and contributing to strategic initiatives that shape the organization’s future direction

What We’re Offering:

The hourly pay rate for this position is $25, and the internship term runs from January to April 2027. The exact amount will depend on factors such as skills, experience, and job-related knowledge. An internship opportunity at Interac also features:

  • Flexible hybrid work model with monthly intern socials for better work-life balance
  • Convenient downtown Toronto office located minutes away from Union Station
  • Interac learning bootcamp designed to help you hit the ground running

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.

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