Who we are
We are a forward-thinking financial services provider committed to safeguarding our operations, customers, and partners from fraud and financial crime. By embedding strong risk management practices into our products and processes, we ensure security, compliance, and trust across all channels.
We are the place for you if
- You are passionate about fraud prevention and detection.
- You enjoy building frameworks that protect businesses and customers.
- You thrive in fast-paced, data-driven environments.
The position
The Fraud Risk Manager will be responsible for developing, implementing, and managing the company’s fraud prevention and detection framework. He/She will be involved in investigations, monitoring transactional activities, and working cross-functionally to proactively mitigate fraud risks across all products and channels.
This job is perfect for you if you
- Have strong analytical and forensic investigation skills.
- Can design and manage fraud risk management strategies.
- Value collaboration with cross-functional teams to reduce risks.
- Are committed to integrity, confidentiality, and regulatory compliance.
You will not enjoy this job if you
- Struggle to work under pressure in a fast-paced environment.
- Dislike investigating sensitive issues or collaborating with regulators and law enforcement.
- Prefer roles with minimal stakeholder engagement or reporting.
What you’ll do
Fraud Risk Management
- Develop and implement end-to-end fraud risk management strategies, policies, and procedures.
- Identify fraud risks across products, digital channels, and customer segments.
- Build risk scoring models and work with tech teams to integrate real-time fraud detection systems.
Monitoring & Detection
- Monitor real-time transactions using fraud detection tools and alert systems.
- Analyze suspicious activity reports (SARs) and trigger further investigation or escalation as needed.
- Leverage analytics and AI-driven tools to detect patterns, anomalies, and trends.
Investigation & Response
- Lead investigations into suspected or confirmed fraud incidents.
- Collaborate with internal teams and external parties (law enforcement, banks, regulators) as required.
- Maintain comprehensive documentation of incidents, findings, and resolutions.
Reporting & Compliance
- Prepare detailed fraud reports and dashboards for management and regulatory bodies (e.g., CBN, NDIC).
- Ensure compliance with relevant regulations including CBN anti-fraud guidelines, AML/CFT laws, and global standards (e.g., ISO 27001).
- Participate in audits, regulatory reviews, and due diligence processes.
Stakeholder Engagement & Training
- Work with Product, Engineering, and Customer Experience teams to embed fraud controls into system design.
- Conduct fraud awareness training and workshops for employees and third-party partners.
- Collaborate with industry forums and external networks to stay updated on fraud trends and intelligence.
Requirements
What you bring
Education & Experience
- Bachelor’s degree in Finance, Economics, Business, Computer Science, or a related field.
- 5–7 years of experience in fraud risk management, preferably in a fintech, Banks, Payment Service Banks or payment platform.
- Relevant certifications (such as FRM, CFE, etc) are an added advantage.
Technical Skills
- Strong analytical and forensic investigation skills.
- Experience with fraud detection tools and systems (e.g., Actimize, SAS, or custom ML tools).
- Familiarity with SQL, Python, or other data analysis tools is a plus.
- Sound knowledge of CBN regulations, KYC/AML laws, and local financial crime trends.
Soft Skills
- Excellent communication and interpersonal skills.
- High level of integrity and confidentiality.
- Strong decision-making and problem-solving abilities.
- Ability to work under pressure in a fast-paced environment.
Benefits
What’s in it for you
- Opportunity to play a strategic role in protecting the company’s reputation and assets.
- Exposure to advanced fraud detection tools and data-driven decision-making.
- Professional growth through collaboration with regulators, law enforcement, and industry forums.
- A culture of integrity, innovation, and continuous learning.
- Competitive compensation and benefits.
