Fraud Monitoring Officer at SycamoreNG

Role Summary

The Fraud Monitoring Officer is responsible for detecting, preventing, and investigating fraudulent activities within the organization's operations and customer transactions. This role ensures adherence to internal controls, regulatory standards, and risk management practices to safeguard the organization from financial and reputational losses.

Key Responsibilities

• Monitor daily transactions to identify unusual patterns or suspicious activities
• Conduct investigations into suspected or confirmed fraudulent cases
• Collaborate with Technology, Risk, and Compliance teams to strengthen fraud detection systems
• Prepare reports on fraud trends and recommend preventive measures
• Maintain and update fraud monitoring policies and procedures
• Ensure prompt escalation and documentation of fraud-related incidents
• Liaise with law enforcement and regulatory bodies when necessary

Education

• Bachelor's degree in Accounting, Finance, Economics, Criminology, or a related field

Experience

• 2 – 3 years of relevant experience in fraud monitoring, internal control, risk management, or compliance within the financial sector

Required Skills

• Strong analytical and investigative skills
• Attention to detail and high ethical standards
• Proficiency in data analysis and fraud monitoring tools
• Excellent report writing and communication skills
• Ability to work under pressure and meet deadlines
• Knowledge of digital banking systems and transaction monitoring platforms

Certifications

• Certified Fraud Examiner (CFE) – advantageous