• Application Deadline: Thu, 5 May 2022 00:00:00 GMT
• Position: Lead, Fraud Monitoring & Prevention - SmartCash PSB


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience 4 - 7 years


• Location Lagos


• Job Field Finance / Accounting / Audit 

Purpose of the Job (Brief)

• Develop and manage all Fraud Monitoring controls and provide comprehensive assurance for PSB services to ensure mitigation of revenue leakages on account of fraud.

Key Accountabilities

Risk Assessment and Management:

• Design alerts in the FMS tool to identify any fraudulent activity and or revenue leakage for mobile money and PSB services.


• Participate in developing and executing standardized processes and controls around mobile money wallets and PSB services apart from FMS alerts.

To Prevent Revenue Leakage:

• Implement RAFM compliance monitoring system around mobile money and PSB services.


• Participate in New Product design and testing to ensure effective controls and product rollout with leakage.

Fraud Management:

• Monitor alerts and closures from FMS system to ensure quality of work and avoid any revenue leakage.


• Investigate suspicious transactions and file suspicious activity report as required.


• Analyze and identify possible money laundering activities


• Review controls around custody of test Sims cards and other system that facilitate mobile money transfer


• High Balance review


• Trending of transactions to identify any abnormal spike in trend.

Audit Compliance:

• Closure of statutory and internal Audit issues by implementing agreed audit recommendations

Reporting:

• Reporting to the Opco leadership as well as Group as applicable


• Implementation of the directions of the Board Level Committees

Educational Qualification & Functional Skills

• Bachelor’s Degree in Accounting or related Courses


• Professional Certification in Accounting (ACA/ACCA) or Audit and Risk Controls (CISA)

Required Experience:

• 4-7 years Fraud Monitoring for Mobile Money and Banking sector, operational and Information technology experience with hands on experience in Mobile Money Wallet and Banking/Financial services.


• Significant experience and exposure to mobile money transfers, services, rates, tariff regulation, service level agreement, retail and corporate agreements and contracts preferably from Mobile Money/Banking


• Strong understanding of data analysis, auditing and reconciliation methods and procedures.


• Proven ability to take large amount of multi –faceted data and create insightful and meaningful information to be used in business decision making.


• Very good software skills, especially in MS-Excel, ACL and Word. Successful history of working with software application.


• Hands-onSQL or Oracle experience helpful.

Other Requirements:

• Strong analytical and data interpretation skill


• Strong communication skills with all levels of management in a professional capacity.


• Ability to work effectively under time constraints and deliver results by critical deadlines.


• Excellent verbal and written, organizational and interpersonal skills.


• Ability to work seamlessly across businesses and hierarchy levels.


• Project and program management skill.


• High integrity is mandatory.