Job Vacancies @ FairMoney Nigeria – 3 Positions

FairMoney is recruiting to fill the following positions:

1.) Recoveries, Verification and Regulatory Liaison Officer
2.) Legal and Compliance Officer
3.) Risk Management Officer

FairMoney is building the leading mobile bank for emerging markets. We started with a digital microcredit application on Android, and currently roll out additional financial services (current account, savings, debit card) while expanding the product to Western Africa and South-East Asia.

Location: Lagos, Nigeria
Job type: Full time
Department: Risk

Description

• We are looking for Recoveries, Verification and Regulatory Liaison officer to join our FairMoney family.
• Assist with certificate Verification, background checks and any other validation request as may be required by Human Resources Team.
• Assist the Fraud Team in gathering insider related intelligence from the police, that could be useful in cracking complex fraud and financial crime cases.
• Carry out analysis of obtained evidence and clues to determine possible suspects.
• Assist in arrest, recoveries and prosecution of established fraudsters, whilst serving as expert witness to the Bank, regarding fraud cases going through prosecution.
• Perform any other duties assigned.

Requirements

• Must have worked with Nigerian Police Force or similar position for not less than three (3) years;
• Diploma/degree in criminology or business-related course from recognized institution will be an added advantage.
• Experience of carrying out background checks.
• Experience in investigation of financial fraud cases will be an advantage.
• Excellent communication, interpersonal, analytical and investigation skills.
• High level of integrity.

Benefits

• Health Care Plan (Medical, Dental & Vision)
• Family Leave (Maternity, Paternity)
• Paid Time Off (Vacation, Sick & Public Holidays)
• Training & Development
• Wellness Resources

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply online

Recruitment Process

• A screening interview with one of the members of the Talent Acquisition team ~30 minutes.
• Technical interview with the Hiring Manager ~30-45 minutes.

Location: Lagos, Nigeria
Job type: Full time
Department: Legal & Compliance

Description

• The Compliance Officer will be responsible for mitigating compliance risks and avoid lawsuits through the design, implementation and enforcement of policies and procedures that ensures business operations are performed in compliance with regulations.
• The position will work to foster development of compliance culture among employees, creating metrics to help track compliance and performing compliance audits.

Roles and Responsibilities

• Monitors all operational processes and procedures using a compliance management system to ensure that the company complies with all legal regulations and ethical standards.
• Conducts regular compliance risk assessments to determine whether policies and processes are compliant with regulation.
• Review and formulate policies and procedures to improve compliance controls and efficiency.
• Develop and conduct adequate training and prepare related information material. Educates staff so that they are informed of any regulatory/legal changes and updates to compliance guidelines.
• Monitor implementation of regulatory recommendation, audit exceptions and regulatory changes.
• Deliver adequate and timely action plans and monitor progress to address and resolve control deficiencies.
• Work collaboratively with business and process owners to implement and monitor remediation efforts that result from compliance risk assessment assessments, ensuring the effective implementation of corrective action.
• Conducting know-your-client (KYC) and due diligence processes.
• Ensuring compliance with multi-national anti-money laundering laws and sanctions and assisting with the reporting of suspicious transactions.
• Staying abreast of any changes to laws or sector specific regulations and keeping the rest of the company up to date with any changes through communication and training.
• Advising relevant teams on legal or regulatory issues regarding sales, marketing, vendors, products or projects.

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Requirements

• Minimum of Bachelor's Degree
• At least 5 years banking experience in Compliance or similar position
• Master’s degree in any related
• Professional Compliance Certification (preferred).

Benefits

• Private Health Insurance
• Pension Plan
• Training & Development

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply online

Recruitment Process

• A screening call with the Senior Recruiter - 30 mins
• Technical interview with the hiring manager -30 mins
• Second Level Interview - 30 mins.

Location: Lagos, Nigeria
Job Type: Full time
Department: Risk
Reporting Line: He/She shall report to the Head of Credit Risk

Description

• The risk officer is part of the risk management team responsible for overseeing the development and implementation of risk policies and procedures in an organization.
• He/She will be required to analyze various financial data to estimate the degree of risk and level of associated risk involved in extending credit or establishing a business relationship with firms or individuals.

Reporting Line:

• He/She shall report to the Head of Credit Risk

Roles & Responsibilities - ERM Operations

• Manage and periodically update Bank’s Enterprise Risk Management Risk Register
• Consult with relevant units to determine risks involved in establishing and maintaining various client and industry relationships
• Responsible for monitoring procedures the organization has set to police transactional risks
• Responsible for the maintenance of customer credit history database
• Manage operational incidence report and conduct periodic root cause analysis
• Maintaining records of Credit insurance policies and claims
• Serve as a liaison officer between risk vendors and the organization
• Perform other ad-hoc functions as may be required.

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Requirements

• Bachelors Degree in Accounting, Finance, Mathematics, Statistics or related field required.
• 2-4 years experience in Enterprise Risk Management,Credit Underwriting, Collections, Quality control or Process improvement Team
• Knowledge: They must possess a solid understanding of process, risk, and control design concepts and governance from an operational risk management or audit perspective, including knowledge of managing data / technology processes, or experience in risk mitigation within this field/industry
• Experience working in relevant environment/s, i.e. Stress Testing experience working in a risk function commercial bank, or investment bank is desirable but not essential.

Competencies:
Technical:

• Basic understanding of MFB operational guidelines.
• Strong analytical skills
• Conversant with MS Office, Tableau and SQL.

Behavioural:

• Resourceful and great interpersonal skills
• Must be able to learn, understand and apply new methodologies.
• Have sense of urgency to complete tasks at hand.
• Proactive and the ability to take initiative.
• Self-motivated, decisive with the ability to adapt to change and competing demands.
• Ability to multi-task and function under pressure with little or no supervision.
• A team player.

Benefits

• Private Health Insurance.
• Pension Plan.
• Training & Development.
• Performance Bonus.

Application Closing Date
Not Specified.

Method of Application
Interested and qualified candidates should:
Click here to apply online

Recruitment Process

• A screening call with the Senior Recruiter -30 minutes.
• A Case Study - 72 hours.
• Technical interview with the hiring manager ~30 minutes.

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