Internal Control / Audit & Fraud Prevention Officer

NairaPoint Finance Limited - Internal Control / Audit & Fraud Prevention Officer

Location: Ikoyi, Lagos Employment Type: Full-time

Job Purpose

• The Internal Control / Audit & Fraud Prevention Officer is responsible for safeguarding NairaPoint Finance's assets, strengthening internal controls, and preventing, detecting, and investigating fraud across the Company's lending, deposit, and digital platforms.
• The role ensures regular audits of loans, deposits, and expenses, proactive monitoring of digital transactions and POS / agency banking channels, timely investigation of suspicious activity, and compliance with CBN regulations, data protection, AML, and KYC requirements.

Duties and Responsibilities

Internal Audit & Control Testing:

• Perform regular audits of loan portfolios, credit approvals, deposit accounts (including Fixed Deposits), and expense transactions to ensure operational and policy compliance.
• Test the design and effectiveness of internal controls across lending, deposit mobilization, treasury, finance, and operations, and report control gaps and exceptions.
• Track management's implementation of audit findings and recommendations until closure.

Fraud Prevention, Monitoring & Detection:

• Monitor digital transaction logs, merchant settlement pipelines, and POS / agency banking channels to proactively flag and investigate suspicious transactions.
• Define and maintain fraud red flags, thresholds, and monitoring rules for digital lending, mobile wallet, card, and POS transactions.
• Review loan disbursements, agent and merchant activity, and staff transactions for signs of collusion, identity fraud, and conflicts of interest.

Fraud Investigation & Reporting:

• Investigate internal and external fraud claims, analyze transaction anomalies, and gather and preserve evidence.
• Compile forensic and investigation reports and recommend disciplinary, recovery, or legal action to management.
• Escalate material fraud incidents to Executive Management, the Board Audit & Risk Committee, and regulators or law enforcement as required.

Policy, Compliance & Risk Advisory

• Assess internal operational workflows and recommend policy upgrades to prevent financial slippage, data breaches, and systemic vulnerabilities.
• Verify compliance with CBN regulations, NDPR/NDPA data protection rules, anti-money laundering (AML) laws, and KYC onboarding protocols.
• Support external audits and regulatory examinations, and deliver fraud-awareness training to staff, agents, and merchants.

Person Specification

General Education:

• Minimum of Bachelor's Degree in Accounting, Finance, Cybersecurity, Criminology, or a related field.

Professional Qualification:

• Relevant professional certifications (e.g., CFE, ICAN, ACCA, CISA) are highly valued.

Experience

• 2–4 years of direct experience in internal control, audit, forensic accounting, or fraud management within a fintech, microfinance bank, or commercial bank.
• Strong knowledge of digital lending risks, payment gateway vulnerabilities, mobile wallet fraud patterns, and card / POS transaction monitoring tools.
• Advanced analytical skills with proficiency in data analytics tools, SQL, Excel, or audit software to analyze large volumes of financial transaction data.

Key Competencies:

• Uncompromising integrity, independence, and professional skepticism.
• High attention to detail and objective, critical thinking.
• Excellent investigative, forensic, and report-writing skills.
• Strong knowledge of CBN, AML/KYC, and data protection requirements.
• Strong communication, discretion, and the courage to escalate sensitive findings.

Application Closing Date

10th October, 2026.