Work In Tech

Innovation Intern Job Description

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 gurus and high-performance application developers? We want to hear from you.

Supporting the Innovation Exploration group, there is an opportunity for an intern to participate in the development and delivery of a series of Innovation Practice offering roll-outs that are focused on fostering a culture of innovation within Interac. The opportunity includes contributing to the development and launch of innovation events and crowdsourcing initiatives as well as interactive, co-creation sessions with diverse groups from across Interac and our partners and ecosystems.

This position requires a blend of strategic and analytical mindset, with the ability to structure and organize; therefore, the successful candidate must have a sense of curiosity, creativity and resourcefulness with a willingness to fluidly approach the problem statement.

You’ll be responsible for:

• Contributing to management of our Open Innovation Platform, including designing and launching challenges.

• Participating in the design and development of an Innovation Hackathon Event.

• Supporting the team in the Interac Studio by supporting in the design and delivery of co-creation workshops

• Assisting in the development of content for the Innovation Practice Hub space, including creating engaging and informative materials that promote innovation practices

• Shadowing Innovation Exploration team members during product engagement conversations, providing support in the development of Proof of Concept proposals

• Conduct thorough research to gather and analyze data, providing accurate benchmarks that inform decision-making and strategic planning

• Frame and communicate complex problems into clear, understandable concepts – presenting these ideas to internal teams

You bring:

• Conduct comprehensive research and present findings clearly and effectively, contributing valuable insights to the team.

• Ability to organize a complex event-based project by keeping many moving pieces on track in parallel

• Knowledge of design thinking methods and techniques to support the problem solving and solutioning efforts of our teams

• Utilize creative thinking to generate innovative solutions and ideas, enhancing project outcomes and driving innovation

• You are a storyteller – you feel comfortable communicating complex concepts using various creative storytelling methods

• Possess excellent verbal and written communication skills, with proficiency in creating compelling PowerPoint presentations.

• Display a strong willingness to learn and adapt to new tasks and environments, maintaining flexibility and resilience in dynamic situations.

• Maintain attention to detail, ensuring accuracy and precision.

• You are creative. You are hungry. You are a self-starter!

• Experience working with basic Office Suite (Powerpoint, Word, Excel etc.)

• Currently completing an undergraduate degree from a creditable Canadian institution with a focus on Design, Communications, Commerce (Marketing or Innovation focus), Information

• Although not required, you have some familiarity or previous experience with the following:

  • Relationship building

  • Design thinking

  • Experience in participating in hackathon-type events

Workstyle: Hybrid (3 days on-site)

Location: Toronto

Term: May to August 2025

Duration: Monday – Friday

PLEASE READ PRIOR TO APPLYING:

• You must be eligible to work for Interac Corp. in Canada in a Full Time Capacity

• To be eligible for Interac internship roles, you must be currently enrolled in a Canadian post-secondary academic institution for the full term.

Interac requires employees to complete a background check that is completed by one of our service providers. We use this service to complete the following checks:

• Canadian criminal record check;
• Public safety verification;
• Canadian ID cross-check;
• 5-year employment verification;
• Education verification; and
• If applicable, Credit Inquiry and Social Media Check

How we work
We know that exceptional people have great ideas and are passionate about their work. Our culture encourages excellence and actively rewards contributions with:

Connection: You’re surrounded by talented people every day who are driven by their passion of a common goal.

Core Values: They define us. Living them helps us be the best at what we do.

Compensation & Benefits: Pay is driven by individual and corporate performance and we provide a multitude of benefits and perks.

Education: To ensure you are the best at what you do we invest in you

Please be aware of certain individuals fraudulently using Interac Corp.’s name and logo to offer fictitious employment opportunities. Interac Corp. will never ask, solicit, nor accept any monies in exchange for employment opportunities. Any such offers of employment are fraudulent and invalid, and you are strongly advised to exercise great caution and disregard such offers and invitations.

Please note that under no circumstances shall Interac Corp. be held liable or responsible for any claims, losses, damages, expenses, or other inconveniences resulting from or in any way connected to the actions of individuals performing such fraud. Further, such fraudulent communication shall not be treated as any kind of offer or representation by Interac Corp. or its subsidiaries and affiliates.