Anti-Fraud Risk Manager at Dangote

Job Summary:

• The Anti-Fraud Risk Manager at Dangote Cement Plc will be responsible for development of end-to-end cross-functional anti-fraud risk processes and procedures through instituted risk governance and control structures. This role involves identifying potential fraud risks, investigating incidents, and providing strategic recommendations for fraud prevention.

Key Responsibilities: 

• Identify and assess fraud risks: Conduct regular risk assessments to identify potential areas of fraud within Dangote Cement Plc to achieve fraud risk control.
• Develop fraud prevention strategies: Create and implement strategies to prevent or detect fraud, including policies, procedures, and controls to levels As Low as Reasonably Practicable (ALARP).
• Monitor and investigate suspicious activities: Review transactions and investigate suspicious activities to identify potential fraud.
• Liaise with Law Enforcement Agencies (LEAs): Serve as primary point contract between Dangote Cement and Law Enforcement Agencies, to investigate and/or prosecute fraudulent activities.
• Develop and implement training programs: Provide anti-fraud training to employees on fraud prevention and detection. Ensure compliance with anti-fraud training completion rates.
• Conduct process reviews and testing: Perform process reviews and testing to ensure that fraud controls are effective and operating as intended.
• Report findings and recommendations: Report findings and recommendations to Management senior leadership and Board Audit and Risk Committee.
• Ensure compliance with all relevant Anti-fraud regulations and Internal policy standards.

Competencies:

• Strong analytical and problem-solving skills: Ability to analyze data and identify patterns and trends.
• Knowledge of fraud schemes and recovery processes: Familiarity with various types of fraud schemes, including inventory theft, asset misappropriation, billing schemes, supply chain fraud and employee fraud.
• Experience in risk management: Understanding of risk management principles and practices.
• Communication skills: Ability to communicate effectively with stakeholders, including employees, management, and law enforcement.
• Attention to detail: Ability to focus on details and identify potential fraud indicators.
• Strong analytical software skills: Proficiency in using analytical software, such as Excel, SQL, and data visualization tools.
• Certification in fraud examination: Possession of a certification in fraud examination, such as the Certified Fraud Examiner (CFE) designation etc.
• A proven track record of managing investigations and result oriented recommendations.

Requirements

Industry Experience:

•  At least 15 years of direct experience in Fraud Risk Management and Internal Controls within the FMCG sector.

Education: 

• Bachelor's degree in a related field, such as Accounting, Finance, or Business Administration.
• Master's degree in a related field, such as Accounting, Finance, Business Administration or Risk Management, may be preferred.