One Credit Limited is a registered consumer finance company in Nigeria. The company is a capex-light, technology enabled, provider of unsecured loans to salaried consumers in Nigeria.
We are recruiting to fill the position of:
Job Title: Compliance and Fraud Officer
Location: Nigeria
Role and Purpose
- To ensure compliance with agreed procedures.
- To ensure operational losses are kept to a minimum.
- To prevent fraud.
- To ensure lessons are learned from any fraudulent activity, controls improved and no recurrence.
- No regulatory breaches.
Job Descriptions
- Analyse all first payment defaults, non-starters and severe collection cases to confirm due diligence in the underwriting process and determine root cause.
- Perform compliance spot check and reviews on customer files – applications and loans disbursed.
- Monitor and promptly report all fraud incidents- actual and attempted - and ensure records/files are kept for future reference
- Investigate fraud incidents to ensure cases are properly investigated, lessons learned and recommendations for change made
- Stay on top of the latest trends and developments in the fraud industry and circulate current fraud trends and other awareness material to the applicable teams.
- Implement fraud prevention and anti-fraud management tools; automate processes.
- Revenue assurance - review all income lines and GL to ensure correctness and prevent loss of revenue.
- Follow up to ensure that all regulatory reports/returns are made on time
Key Performance Indicator
- Operational Loss Rates and Trends
- Timeliness and accuracy of reports
- Relevance and quality of recommendations and forecasts
- Regulatory fines
Minimum Qualification
- A University degree in a numerate or finance degree
Experience
- Minimum of 3 years
- Preferably in Risk Management, Intrenal Control, Compliance
Required Skills
- A "detail" person
- High level of Numeracy
- Problem Solving
- Intermediate Excel Skills or SQL Skill
- Data Manipulation
- Excellent presentation and writing skills
- Critical reasoning
Application Closing Date
Not Stated.
How to Apply
Interested and qualified candidates should:
Click here to apply online