Lead, Fraud Management at Smartcash PSB

Job Description:

• Develop and manage all Fraud Monitoring controls and provide comprehensive assurance for PSB services to ensure mitigation of revenue leakages. on account of fraud.

Job Responsibilities:

Risk Assessment and Management

• Design alerts in the FMS tool to identify any fraudulent activity and or revenue leakage for mobile money and PSB services.
• Participate in developing and executing standardized processes and controls around mobile money wallets and PSB services apart from FMS alerts.

To prevent Revenue leakage

• Implement RAFM compliance monitoring system around mobile money and PSB services. • Participate in New Product design and testing to ensure effective controls and product rollout with leakage.

Fraud Management

• Monitor alerts and closures from FMS system to ensure quality of work and avoid any revenue leakage.
• Investigate suspicious transactions and file suspicious activity report as required.
• Analyze and identify possible money laundering activities.
• Review controls around custody of test Sims cards and other system that facilitate mobile money transfer.
• High Balance review.
• Trending of transactions to identify any abnormal spike in trend.

Audit Compliance

• Closure of statutory and internal Audit issues by implementing agreed audit recommendations.

Required Educational Qualifications & Experience:

• Bachelors in accounting or other business-related courses.
• Professional certification in Accounting (ACA) or Audit and risk control (CISA).
• Four to seven (4-7) years Fraud Monitoring for Mobile Money and Banking sector, operational and Information technology experience with hands on experience in Mobile Money Wallet and Banking/Financial services.
• Significant experience and exposure to mobile money transfers, services, rates, tariff regulation, service level agreement, retail and corporate agreements and contracts preferably from Mobile Money/Banking.
• Strong understanding of data analysis, auditing and reconciliation methods and procedures.
• Proven ability to take large amount of multi –faceted data and create insightful and meaningful information to be used in business decision making.
• Very good software skills, especially in MS-Excel, ACL and Word. Successful history of working with software application.
• Hands-on SQL or Oracle experience helpful.

Behavioral Requirements:

• Strong analytical and data interpretation skill.
• Strong communication skills with all levels of management in a professional capacity.
• Ability to work effectively under time constraints and deliver results by critical deadlines.
• Excellent verbal and written, organizational and interpersonal skills.
• Ability to work seamlessly across businesses and hierarchy levels.
• Project and program management skill.
• High integrity is mandatory.