Fraud Specialist at Renmoney

Renmoney - We are a passionate team determined to challenge the status quo and make financial inclusion count for the millions of under-banked individuals and small business owners in Nigeria. We provide loans, savings, and fixed deposit solutions to our customers. Our vision is to be the most convenient lending company, delivering outstanding service experiences.

We are recruiting to fill the position below:

Job Title: Fraud Specialist

Location: Lagos
Employment Type: Full-time

Description

• The Fraud Specialist will be responsible for identifying, investigating and mitigating fraudulent activities across the organization. 
• You’ll work closely with cross-functional teams to ensure our fraud monitoring systems are effective and continuously improved.

Responsibilities

• Identify fraud and related financial crime risks and take the appropriate steps to mitigate the risks
• Monitor transactions in real-time to detect unusual or suspicious activity using internal tools and fraud detection systems
• Investigate suspected fraud cases both internal and external, prepare report for stakeholders, utilising relationship and problem-solving skills to effectively manage these cases.
• Conduct comprehensive reviews and analyze data, interview affected parties and analyze cases to identify root cause, proffer recommendation to reduce/eliminate future reoccurrence.
• Analyze fraud-related data and trends to develop proactive fraud prevention strategies
• Collaborate with IT and data teams to design rules, triggers, and controls that enhance fraud detection
• Recommend enhancements to anti-fraud processes, systems, and policies
• Conduct fraud awareness training sessions for staff and support a culture of ethical behavior
• Liaise with law enforcement, legal teams, and regulators on fraud-related matters as needed
• Creating and implementing policies and procedures to minimize future fraud
• Update fraud tracker and ensure timely rendition of fraud and forgery returns to CBN/NIBSS & NDIC
• Review and investigate suspicious inflow, including escalation and follow-up with beneficiary bank on fraudulent outflows from our customer’s account
• Champion improvements to processes and products with the aim of mitigating risks of fraud.

Qualifications

• B.Sc Degree in any field
• 5 years and above of experience in fraud detection and prevention, preferably in the financial services or fintech sector.
• Attention to detail and problem-solving skill
• An excellent team player and highly motivated.
• Strong analytical mindset and ability to identify patterns or anomalies in large data sets
• Familiarity with fraud trends, detection tools, rule-based engines, or case management systems
• Strong communication and interpersonal skills
• Knowledge of regulatory requirements related to fraud reporting and compliance
• High ethical standards and ability to handle sensitive information with discretion
• Excellent time management skills
• Ability to multi-task and function under pressure with little or no supervision.
• Knowledge of banking or Fintech industry regulations or standards

Benefits

• You’ll receive competitive compensation and work with amazing people. 
• You’ll work in a beautiful environment with a flat structure and solve complex, real-world challenges.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply online