Fraud Solutions Management & Transaction Monitoring Lead at Moniepoint Inc. (Formerly TeamApt Inc.) Full Time

Job Title: Fraud Solutions Management & Transaction Monitoring Lead

Location: Lagos
Employment type: Full-time

About the Role

• The Lead, Fraud Solutions Management & E-Channels Transaction Monitoring will lead the team to deliver fraud monitoring solution projects, monitor E-channel transactions, observe and analyze transaction trends and patterns, and implement effective fraud rules to mitigate fraud incidents on customers’ accounts.
• The Fraud Solutions Management team will work collaboratively with the fraud prevention team and fraud investigation and prosecution team to ensure that fraud risks are effectively treated.

Responsibilities
As a  Fraud Solutions Management & Transaction Monitoring Lead, you would:

• Research transactional anomalies and analyze information to detect unusual patterns. Understand and monitor fraud patterns on e-channels, and utilize information obtained to implement effective fraud monitoring rules.
• Work with other teams to deliver projects focused on detection of suspicious or fraudulent transactions.
• Track various compliance monitoring metrics, and implement fraud rules on E-channels and card transactions monitoring solutions. Monitor and update fraud rules based on fraud trends.
• Monitor customers’ accounts and transactions to determine those with high fraud risks.
• Ensure suspicious transactions are flagged for additional reviews, and liens are placed on fraudulent inflows.
• Identify and ensure fraudulent accounts are blocked or restricted from carrying out transactions.
• Report fraudulent outflows to beneficiary financial institutions and collaborate with external parties, including law enforcement agencies and courts to salvage stolen funds.
• Communicate fraudulent outflows/inflows to the Fraud Investigation & Prosecution Team for detailed investigation.

Qualifications

• Bachelor’s Degree in a relevant field (such as Business, Statistics, Mathematics, Economics, Computer Science, IT, etc.).
• An advanced degree and relevant certifications (PMP, Prince2, CAMS, CFE) is preferred.

Experience:

• 8-10 years experience in IT projects management, E-channels transaction monitoring, fraud solutions management, internal control, information security, card operations, retail banking operations in the Banking, Finance, or FinTech industries. A combination of any two or more experience(s) is a strong advantage.

Competencies:

• Strong understanding of E-channel transaction trend analysis and project management.
• Knowledge of risk management principles and practices.
• Excellent analytical and problem-solving skills.
• Strong communication and interpersonal skills.
• Attention to detail and good appreciation of system audits
• Knowledge of banking or FinTech industry regulations or standards may be necessary.

Application Closing Date
Not Specified.

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
• All interviews stages are Virtual.