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Fraud Analyst- HND / BA / BSc Job

2024-01-23 15:16   Other categories   Lagos   176 views
Job Details

Location: Lagos

Employment Type: Full Time

Job Overview

The Fraud Analyst will work under the guidance of the Lead, Fraud Solutions Management to analyze online fraud trends, and utilize fraud systems to detect suspicious transactions and prevent fraudulent transactions on customers' accounts.

Fraud Analysts will work collaboratively with Fraud Prevention Officers, E-Channel Transaction Monitoring Officers, Internal Control and Compliance officers to ensure that fraud is prevented and incidents are effectively managed.

Duties & Responsibilities

The Fraud Analyst will:

Analyze customer activity, transaction patterns, online fraud trends and determine appropriate fraud rules to be implemented for detection of suspicious and fraudulent transactions

Review internal policies, regulatory requirements and implement strategies and tools that ensure prompt detection of suspicious behavior and activity.

Implement and fine-tune fraud rules on transaction monitoring systems and solutions to prevent fraud incidents.

Automate the review of social media channels to identify ponzi schemes and advanced fee fraud accounts.

Periodically monitor the effectiveness of fraud rules that have been implemented to reduce fraud incidents.

Advise fraud prevention team and other stakeholders on mitigants required to prevent onboarding of fraudulent third parties or customers

Collaborate with the transaction monitoring team to investigate, identify and ensure fraudulent accounts are blocked or restricted from carrying out transactions.

Monitor customers' accounts and transactions to determine those with high fraud risks.


Bachelor's Degree in a relevant field (Project Management, Accounting, Computer Science, IT, Information Security). Software development, security and accounting certifications e.g. OCP, Security+, CFE is an advantage.


2-4 years experience in deploying/managing fraud solutions, maintaining/updating fraud rules, and managing fraud-related projects in banking, finance, insurance or fintech industries. Proficiency in Structured Query Language (SQL) or Python is an advantage but not compulsory.


Strong understanding of suspicious behavior and e-channel fraud patterns

Good coding skills, excellent analytical and problem-solving skills.

An excellent team player, target driven, and highly motivated.

Excellent understanding of transaction routing and processing.

Strong communication and interpersonal skills.

Excellent time management skills

Knowledge of banking or FinTech industry regulations or standards.

Application Closing Date

Not Specified.

How to Apply

Interested and qualified candidates should:

Click apply button

Company Description
Moniepoint 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.
Moniepoint Incorporated (formerly TeamApt Inc.) was founded with the vision to create a society where everyone experiences financial happiness. We are the parent company of TeamApt Limited, a Central Bank of Nigeria(CBN) licensed Switch and Processor, and Moniepoint Microfinance Bank, a CBN-licensed Microfinance Bank.