Underwriting Fraud Analyst at Rosabon Financial Services Limited Full Time

Rosabon Financial Services Limited is currently looking for an underwriting fraud analyst for immediate employment. Interested persons are expected to apply. Kindly go through the full details of this position below:

Job Title: Underwriting Fraud Analyst

Location: Yaba, Lagos
Employment Type: Full-time

Job Summary

• The Underwriting Fraud Analyst will largely be responsible for monitoring, avoiding and mitigating risk to ensure that the organization is not exposed to fraud.

Duties & Responsibilities

• Interacts with members as needed who are reporting fraudulent activity.
• Reviews suspicious accounts for potential fraud.
• Reviews suspicious documentation submitted for both new transactions and loans.
• Review and Process all consumer statements on credit bureaus.
• Assist the Compliance department in compiling relevant information and narrative to make the determination if needed.
• Analyzes and conducts investigations of potentially fraudulent activity, to ensure minimal loss to the organization.
• Coordinates cross-functional communication, to resolve fraud situations and provides recommendations to resolve fraud.
• Collaborates with the internal audit department to monitor the underwriting activities, prevent and mitigate risks and potential losses.
• Maintains the fraud analytics database, tracks fraud trends and statuses of various types of fraud.
• Periodically train and educate the underwriting team to identify and respond to potential fraud trends and situations.
• Develop, build and prioritize risk into classes
• Compiles various reports for management, to update the status of current investigations, and necessary actions needed to either mitigate.
• Develops, maintains, and implements policies/procedures to detect and prevent fraudulent activity.
• Assists the internal audit and compliance analyst in investigating suspicious activity on account.

Requirements

• B.Sc. in Finance, Accounting or any relevant field.
• Minimum of 2 years relevant experience, preferably in the financial sector
• Certified fraud / risk expert
• In-depth knowledge of IFRS principles and changes.
• Ability to effectively lead and direct a team and drive developed strategies.

Application Closing Date
12th October, 2022.

How to Apply
Interested and qualified candidates should send their CV to: [email protected] using the Job Title as the subject of the mail.