About the Role
FairMoney is a leading digital banking platform in Nigeria empowering emerging markets with instant loans and advanced financial services. We are looking for an experienced and driven Fraud Manager to lead our fraud prevention team, implement cutting-edge risk mitigation strategies, and ensure the security of our growing customer base.
Key Responsibilities- Develop and implement comprehensive fraud prevention policies and procedures
- Lead the Fraud Desk function and manage a high-performing team of Fraud Officers
- Perform periodical Fraud Risk Assessments to detect and address potential vulnerabilities
- Provide specialized training to employees on fraud prevention measures and industry best practices
- Monitor fraud alerts and metrics closely to minimize losses and implement mitigation strategies
- Lead complex fraud investigations, maintaining detailed records of incidents and outcomes
- Collaborate effectively with law enforcement agencies, legal teams, and partner banks
- Lead the end-to-end fraud recovery process
- Analyze emerging fintech fraud trends and update internal controls accordingly
- Minimum of 3 years of experience as a fraud analyst or fraud manager within the lending or banking sector
- Proven track record in leading successful fraud investigations
- Strong knowledge of modern fraud detection tools, technologies, and fraud typologies
- Exceptional leadership and team management skills
- Outstanding analytical, research, and problem-solving abilities
- Familiarity with regulatory compliance standards related to fraud prevention
- Experience with KYC processes, consumer lending, payment systems, and emerging markets is a strong plus
- Professional fraud certification such as CFE and technical skills in SQL or Python are highly advantageous
- Comprehensive private health insurance
- Competitive pension plan
- Continuous training and professional development opportunities
- Generous paid time off