• Application Deadline:
• Position: Underwriting Fraud Analyst


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience 2 years


• Location Lagos


• City Yaba


• Job Field Finance / Accounting / Audit 
  

Location: Yaba, Lagos

Job Summary

• The Underwriting Fraud Analyst will largely be responsible for monitoring, avoiding and mitigating risk to ensure that the organization is not exposed to fraud.

Duties & Responsibilities

• Interacts with members as needed who are reporting fraudulent activity.


• Reviews suspicious accounts for potential fraud.


• Reviews suspicious documentation submitted for both new transactions and loans.


• Review and Process all consumer statements on credit bureaus.


• Assist the Compliance department in compiling relevant information and narrative to make the determination if needed.


• Analyzes and conducts investigations of potentially fraudulent activity, to ensure minimal loss to the organization.


• Coordinates cross-functional communication, to resolve fraud situations and provides recommendations to resolve fraud.


• Collaborates with the internal audit department to monitor the underwriting activities, prevent and mitigate risks and potential losses.


• Maintains the fraud analytics database, tracks fraud trends and statuses of various types of fraud.


• Periodically train and educate the underwriting team to identify and respond to potential fraud trends and situations.


• Develop, build and prioritize risk into classes


• Compiles various reports for management, to update the status of current investigations, and necessary actions needed to either mitigate.


• Develops, maintains, and implements policies/procedures to detect and prevent fraudulent activity.


• Assists the internal audit and compliance analyst in investigating suspicious activity on account.

Requirements

• B.Sc. in Finance, Accounting or any relevant field.


• Minimum of 2 years relevant experience, preferably in the financial sector


• Certified fraud / risk expert


• In-depth knowledge of IFRS principles and changes.


• Ability to effectively lead and direct a team and drive developed strategies.