Fraud Prevention Lead at Moniepoint Inc. (Formerly TeamApt Inc.)

Moniepoint is a global business payments and banking platform and recently became QED Investors’ first investment in Africa. We are the partner of choice for over 600,000 businesses of all sizes, powering the dreams of SMBs and providing them with equal access to the tools they need to grow and scale.

Moniepoint Incorporated (formerly TeamApt Inc.) was founded with the vision to create a society where everyone experiences financial happiness. We are the parent company of TeamApt Limited, a Central Bank of Nigeria(CBN) licensed Switch and Processor, and Moniepoint Microfinance Bank, a CBN-licensed Microfinance Bank.

We are recruiting to fill the position below:

Job Title: Fraud Prevention Lead

Location: Lagos
Employment type: Full-time

About the Role

• The Lead, Fraud Prevention will lead a team of fraud analysts to proactively analyze opportunities that may lead to fraud on all electronic products across the enterprise.
• The successful candidate will analyze fraud trends, make recommendations for fraud prevention, and act to mitigate losses.
• The fraud prevention team will work collaboratively with the fraud detection team and clients to design and implement fraud detection solutions to meet stakeholder needs.

Responsibilities
As a Fraud Prevention Lead, you would:

• Design and implement customer onboarding systems, verification systems, and fraud detection systems controls.
• Monitor the onboarding, verification, and fraud detection system controls to identify gaps or failures.
• Ensure that customer onboarding and verification systems are updated to accommodate changes in customer requirements and regulatory requirements.
• Ensure that security of onboarding, verification and fraud detection systems are maintained at optimal levels at all times.
• Ensure customer verification and re-verification is done at prescribed intervals.
• Ensure that the controls in onboarding channels are adequately synced for similar outcomes.
• Work with the information security team and IT control to ensure access to customer databases and information is restricted to mitigate phishing attacks.
• Ensure that internal fraud watchlists are updated and referenced during every customer onboarding.
• Liaise with NIBSS to ensure the industry BVN watchlist is referenced during every customer onboarding, and regularly get the updated BVN watchlist.

Qualifications

• Bachelor's Degree in a relevant field (such as Computer Science, IT, Information Security, Business, Economics, or Law).
• An advanced degree and relevant certifications (CISSP, CRISC, CAMS, CFE, Prince2, PMP) is preferred.

Experience: 

• 8-10 years experience in IT risk, product security, project management, information and systems security, regulatory compliance in the Banking, Finance, or FinTech industries. A combination of any two or more experience(s) is a strong advantage. Experience in managing similar teams is an added advantage.

Competencies:

• Strong understanding of product security and controls, information security, E-business regulations, project management.
• Knowledge of risk management principles and practices.
• Excellent analytical and problem-solving skills.
• Strong communication and interpersonal skills.
• Attention to details and good appreciation of system audits
• Knowledge of banking or FinTech industry regulations or standards may be necessary.

Application Closing Date
Not Specified.