Fraud Desk Analyst
Job Description
A non-Interest Commercial Bank is seeking a Fraud Desk Analyst who will be responsible for monitoring, detecting, investigating, and preventing fraudulent activities across the organization’s operations. The role involves reviewing suspicious transactions, identifying fraud patterns, conducting investigations, and recommending preventive measures to minimize financial losses while ensuring compliance with regulatory and internal policies.
Age Requirement: 30 years and below
Qualification: HND Only
Salary: ₦186,000 monthly plus other employment benefits
Key Responsibilities
- Monitor daily transactions and activities to identify suspicious or potentially fraudulent behaviour.
- Investigate fraud alerts, customer complaints, and unusual account activities.
- Analyze transaction trends and fraud patterns to detect emerging risks.
- Escalate confirmed fraud cases to the appropriate stakeholders and recommend corrective actions.
- Maintain accurate documentation and case records for all investigations.
- Prepare daily, weekly, and monthly fraud reports for management.
- Collaborate with Operations, Compliance, Internal Audit, IT, and Security teams to resolve fraud-related issues.
- Ensure compliance with CBN regulations, AML/CFT requirements, and internal fraud management policies.
- Recommend process improvements and fraud prevention controls.
- Support fraud awareness initiatives by educating staff on fraud risks and prevention measures.
- Liaise with law enforcement and regulatory authorities when necessary during investigations.
Key Requirements
- HND only (minimum requirement).
- Must be 30 years old or below.
- Bachelor’s degree in Accounting, Finance, Banking, Economics, Business Administration, Criminology, or a related field.
- Minimum of 2–3 years’ experience in fraud investigation, fraud monitoring, risk management, banking operations, or compliance.
- Strong knowledge of fraud detection techniques and financial crime prevention.
- Familiarity with CBN regulations, AML/CFT guidelines, and banking compliance requirements.
- Proficiency in Microsoft Excel and other data analysis tools.
- Strong analytical, investigative, and problem-solving skills.
- Excellent attention to detail and report-writing abilities.
- Ability to maintain confidentiality and work under pressure.
