Product Auditor

Product Auditor at Moniepoint Inc.

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View Jobs at Moniepoint Inc.

Posted: Oct 15, 2026

Deadline: Not specified

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Moniepoint is a financial technology company digitising Africa’s real economy by building a financial ecosystem for businesses, providing them with all the payment, banking, credit and business management tools they need to succeed.

Product Auditor

• Job Type Remote
• Qualification BA/BSc/HND , Professional Certificate
• Experience 3 - 5 years
• Location Lagos
• Job Field Finance / Accounting / Audit

Role Overview

• The Product Auditor provides independent assurance over the design, implementation, and operating effectiveness of product controls across payment, wallet, settlement, switches and other related products across the organisation
• The role ensures that new and existing products are deployed with adequate financial, operational, security, and regulatory controls, safeguarding the organization against revenue leakage, settlement failures, regulatory breaches, and technology-driven risks.
• The Product Auditor will independently evaluate product risk exposure and control maturity prior to scale.

Key Responsibilities

Audit Universe & Risk-Based Planning:

• Maintain a living Product Audit Universe covering all payment products, features, and integrations ranked by risk.
• Own the annual Product Audit Plan, ensuring coverage is allocated dynamically based on risk ratings, product complexity, regulatory sensitivity, and change velocity.

Product Design & Control Assurance:

• Review PRDs, business rules, and transaction workflows to identify logic gaps, unmitigated risk paths, and missing exception-handling routines before products reach production/go-live.
• Analyse product path scenarios, verify Maker-Checker enforcement, and provide formal control design sign-off before any material release goes live.

Live Product Assessment ( Continuous Audit Review):

• Periodically assess live payment products to confirm they continue to operate within approved design parameters.
• Detect configuration drift, identify silent divergence from original PRDs, and analyse live transaction data for emerging risk patterns.

Go-Live Readiness & Control Gate:

• Execute mandatory pre-production Product Audit reviews as an independent control gate for all material releases.
• Confirm reconciliation logic, exception queues, and fallback controls are tested and functional.
• Escalate critical deficiencies with risk ratings and hold recommendations where a product is not safe to release.

Transaction Logic & Mathematical Integrity:

• Interrogate the Fee Engine using SQL to mathematically prove that commissions, VAT, discounts, and splits are posted with complete precision.
• Validate duplicate prevention mechanisms and ensure transaction integrity within complex, multi-step payment sequences, and test reversal, refund, and chargeback logic to confirm financial symmetry is maintained in every scenario.

Settlement & Ledger Integrity:

• Trace fund flows, confirming continuous synchronisation between wallet sub-ledgers and the General Ledger.
• Assess reconciliation logic for breaks and evaluate the authorisation, documentation, and reversibility of manual settlement overrides.

Product Change & Configuration Integrity:

• Confirm that all product modifications: fee tables, routing rules, limit parameters passed through an approved change management cycle.
• Identify silent changes made outside formal release processes and audit the integrity of product master data to ensure it is access-controlled, version-tracked, and consistent with approved product terms.

Vendor & Third-Party Product Risk:

• Assess controls over vendor-managed product components, evaluate SLA performance against contractual commitments, and identify single-vendor dependen