Transaction Monitoring Analyst (Remote) at Moniepoint Incorporated

Moniepoint Incorporated 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.

We are recruiting to fill the position below:

Job Title: Transaction Monitoring Analyst

Location: Nigeria (Remote)

About the role

• The Transaction Monitoring Analyst will work under the guidance of the Lead, Fraud Solutions Management to detect and prevent fraudulent/suspicious transactions from customers’ accounts.
• Transaction Monitoring Officers will work collaboratively with the fraud prevention officers and fraud investigation and prosecution officers to ensure that fraud risks are effectively managed.

Duties & Responsibilities
The Transaction Monitoring Analyst will:

• Monitor and review transaction alerts generated by fraud monitoring systems in real time.
• Investigate suspicious, fraudulent, or unusual transaction patterns across customer accounts.
• Apply risk-based judgement to determine appropriate actions, including escalation, restriction, reclassification, or closure of accounts.
• Draft, review, and recommend Suspicious Transaction/Activity Reports (STR/SARs) in line with regulatory requirements.
• Place and manage account restrictions or liens where fraud or risk is identified.
• Engage customers, relationship managers,internal stakeholders and external financial institutions to obtain required information (RFIs).
• Document investigations clearly and maintain accurate audit trails in case management systems.
• Meet defined Service Level Agreements (SLAs) and quality standards for case resolution.
• Collaborate with Fraud, AML, NIP Team and Product teams on investigations and system improvements.
• Participate in quality assurance reviews, audits, and regulatory examinations.
• Communicate fraudulent outflows/inflows to the Fraud Investigation & Prosecution Team for detailed investigation.
• Stay informed on emerging fraud typologies, regulatory updates, and industry best practices. 

Qualifications

• Bachelor’s Degree in Finance, Accounting, Economics, Law, or a related field.
• Knowledge of local and international AML/CFT regulations.
• Relevant certifications (e.g., CAMS, CFE, DCP) are an added advantage.

Experience: 

• 3 - 4 years experience in transaction monitoring,Compliance,fraud investigation or fraud examination,customer service with proficiency in using fraud detection software and tools in Banking, Finance, Insurance or FinTech industries. A combination of any two or more experience(s) is a strong advantage.

Competencies:

• Strong understanding of payment transaction trends and account statement analysis.
• An excellent team player, target driven, and highly motivated.
• Excellent analytical and problem-solving skills.
• Excellent understanding of transaction routing and processing.
• Strong verbal, speaking and written communication and interpersonal skills.
• Excellent time management skills
• Knowledge of banking or FinTech industry regulations or standards may be necessary.

Application Closing Date
Not Specified.

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

What to expect in the hiring process

• A preliminary phone call with the recruiter
• A technical panel interview with Department Leads
• A behavioral and technical interview with a member of the Executive team.