Fraud Monitoring Officer at SycamoreNG

Role Summary

• The Fraud Monitoring Officer is responsible for detecting, preventing, and investigating fraudulent activities within the organization’s operations and customer transactions.
• The role ensures adherence to internal controls, regulatory standards, and risk management practices to safeguard the organization from financial and reputational losses.

Key Responsibilities

• Monitor daily transactions to identify unusual patterns or suspicious activities.
• Conduct investigations into suspected or confirmed fraudulent cases.
• Collaborate with Technology, Risk, and Compliance teams to strengthen fraud detection systems.
• repare reports on fraud trends and recommend preventive measures.
• Maintain and update fraud monitoring policies and procedures.
• Ensure prompt escalation and documentation of fraud-related incidents.
• Liaise with law enforcement and regulatory bodies when necessary.

Education

• Bachelor’s degree in Accounting, Finance, Economics, Criminology, or a related field.

Experience:

• 2 - 3  years of relevant experience in fraud monitoring, internal control, risk management, or compliance within the financial sector.

Skills:

• Strong analytical and investigative skills.
• Attention to detail and high ethical standards.
• Proficiency in data analysis and fraud monitoring tools.
• Excellent report writing and communication skills.
• Ability to work under pressure and meet deadlines.
• Knowledge of digital banking systems and transaction monitoring platforms.

Certifications:

• Certified Fraud Examiner (CFE) – Added advantage.