Risk, Fraud & Internal Controls Officer at Divest

About The Role

• We are seeking a detail-oriented and analytical Risk, Fraud & Internal Controls Officer to help safeguard Divest’s financial operations. This role will be responsible for monitoring transactions, preventing fraud, conducting reconciliations, and strengthening internal control processes across our crypto-to-fiat operations.
• The ideal candidate understands fintech risk environments, payment flows, reconciliation processes, and fraud detection frameworks.

Job Expectations

• Conduct real-time and post-transaction monitoring to identify suspicious activity across crypto and fiat flows
• Lead fraud investigations, document findings, and recommend corrective actions
• Drive recovery and remediation efforts on confirmed fraud cases
• Perform fraud data reviews to identify patterns, emerging threats, and systemic weaknesses
• Perform daily reconciliation of wallets, bank accounts, and payment channels
• Investigate and resolve discrepancies promptly
• Manage chargeback processing across card schemes and payment providers (where applicable)
• Maintain detailed reconciliation logs and fraud loss reports
• Conduct periodic risk assessments across products and transaction flows
• Develop and implement anti-fraud strategies and internal controls
• Review systems and processes to identify fraud vulnerabilities and recommend improvements
• Partner with product and engineering teams to strengthen fraud prevention mechanisms
• Prepare fraud-related reports for internal stakeholders and regulatory purposes (where required)
• Ensure documentation aligns with audit and compliance standards.

Critical Competencies

• 3–4 years’ experience in risk, fraud, internal control, or reconciliation roles
• Experience working in fintech, payments, banking, or crypto is highly preferred
• Strong understanding of transaction flows, settlement cycles, and reconciliation processes
• Familiarity with fraud detection tools and risk monitoring systems
• High attention to detail and strong analytical skills
• Ability to handle sensitive financial information with integrity and confidentiality
• Strong reporting and documentation skills.

Cultural Competencies

• Entrepreneurial and experimental — thrives in a startup environment.
• Bias for action and growth, not afraid to fail fast and learn quickly.
• Mission-driven and passionate about expanding financial access in Africa.
• You work well with people of different backgrounds, identities, values and cultures
• You listen well, seek to understand and respond with empathy
• You give and take constructive feedback to and from colleagues at any level
• You are extremely curious and love working collaboratively
• A knack for continuous growth, learning and knowledge sharing