Risk and Fraud Officer at Divest

Divest is a financial technology company based in Lagos, Nigeria, focused on bridging the gap between digital currency and local fiat currency across Africa. We provide a seamless and instant way for African crypto users to convert digital assets into local currency, enabling direct transfers to bank accounts and mobile wallets.

At Divest, we are reimagining the future of financial access. Our mission is to eliminate barriers posed by traditional financial institutions, allowing individuals and businesses to transact with speed, security, and confidence.

We are recruiting to fill the position below:

Job Title: Risk and Fraud Officer

Location: Lagos
Job type: Full-time (Hybrid)

About The Role

• We are seeking a detail-oriented and analytical Risk and Fraud Officer to help safeguard Divest’s financial operations.
• This role will be responsible for monitoring transactions, preventing fraud, conducting reconciliations, and strengthening internal control processes across our crypto-to-fiat operations.
• The ideal candidate understands fintech risk environments, payment flows, reconciliation processes, and fraud detection frameworks.

Job Expectations

• Conduct real-time and post-transaction monitoring to identify suspicious activity across crypto and fiat flows
• Lead fraud investigations, document findings, and recommend corrective actions
• Drive recovery and remediation efforts on confirmed fraud cases
• Perform fraud data reviews to identify patterns, emerging threats, and systemic weaknesses
• Perform daily reconciliation of wallets, bank accounts, and payment channels
• Investigate and resolve discrepancies promptly
• Manage chargeback processing across card schemes and payment providers (where applicable)
• Maintain detailed reconciliation logs and fraud loss reports
• Conduct periodic risk assessments across products and transaction flows
• Develop and implement anti-fraud strategies and internal controls
• Review systems and processes to identify fraud vulnerabilities and recommend improvements
• Partner with product and engineering teams to strengthen fraud prevention mechanisms
• Prepare fraud-related reports for internal stakeholders and regulatory purposes (where required)
• Ensure documentation aligns with audit and compliance standards.

Critical Competencies

• 3–4 years’ experience in risk, fraud, internal control, or reconciliation roles
• Experience working in fintech, payments, banking, or crypto is highly preferred
• Strong understanding of transaction flows, settlement cycles, and reconciliation processes
• Familiarity with fraud detection tools and risk monitoring systems
• High attention to detail and strong analytical skills
• Ability to handle sensitive financial information with integrity and confidentiality
• Strong reporting and documentation skills.

Cultural Competencies:

• Entrepreneurial and experimental — thrives in a startup environment.
• Bias for action and growth, not afraid to fail fast and learn quickly.
• Mission-driven and passionate about expanding financial access in Africa.
• You work well with people of different backgrounds, identities, values and cultures
• You listen well, seek to understand and respond with empathy
• You give and take constructive feedback to and from colleagues at any level
• You are extremely curious and love working collaboratively
• A knack for continuous growth, learning and knowledge sharing.

Application Closing Date
Not Specified.

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