Fraud Management Analyst at Pagatech Limited

About the Role

• As a Fraud Management Analyst at Paga, you will be responsible for developing and implementing action plans for detecting fraudulent activities in the organization
• The ideal candidate would work closely with the Fraud Associate to identify and analyze cases of money laundering, forgeries, and legal claims.
• The ideal candidate should be familiar with legal and regulatory guidelines and corporate governance best practices and should also be of high ethical standard.
• They should be analytical and work diligently to complete their duties, keeping in mind the objectives of the business.

Primary Responsibilities

• Fraud Monitoring, Analysis, Investigation and Resolution of issues raised
• Assists in the development of fraud detection tactical and strategic planning for fraudulent activities on the company platform and internally, including developing and managing a product roadmap.
• Proactively monitor and review account and transaction data for suspicious activity and possible fraud.
• Review, investigate and resolve irregular transactions reported.
• Responsible for the regulatory AML CFT suspicious activity process.
• Utilize various data analysis and accounting tools in collecting, sorting and analysing financial data to obtain results which reveal inconsistencies as well as the possible suspects.
• Conduct interviews to obtain information useful in resolving financial crimes.
• Identify business areas requiring increased security controls to protect the company and its end users from future incidents of fraud.
• Keep detailed records of suspicious activity, analyze trends, communicate security threats to management and provide recommendations for loss mitigation as needed.
• Respond to fraud queries across the multiple channels
• Liaise with internal teams, merchants, banks, transaction processors, regulatory bodies, law enforcement and any 3rd party involved.
• Liaise with legal counsels to develop and execute plans for the resolution of fraud cases.
• Produce evidence and useful information as requested by law enforcement. Design and implement processes effective for the prevention or minimization of fraud risks
• Maintain record of all investigative operations and results of analysis
• Conduct research and attend educational programs to update professional knowledge.
• Prepare reports for senior management and external regulatory bodies as appropriate
• Other roles as assigned by management.

Knowledge and Skill Requirements

• B.Sc / BA with field such as Law, Finance, Business Administration or related field.
• 2 years+ experience in Fraud Management environment or a similar role
• Must have completed NYSC.
• Experience as a Fraud Management professional.
• In-depth knowledge of the industry’s standards and regulations.
• Excellent knowledge of reporting procedures and record keeping.
• A business acumen partnered with a dedication to legality.
• Methodical and diligent with outstanding planning abilities.
• An analytical mind able to “see” the complexities of procedures and regulations
• Certified Fraud Examiner.
• Excellent communication skills.

Key Competencies:

• Integrity
• Initiative
• Self- driven and hardworking
• Organized
• Multitask and manage competing priorities
• Good team player
• Flexibility
• Detail-oriented and process-oriented approach.