Job Description
ABOUT THE COMPANY
FairMoney is a mobile bank that provides credit services for emerging markets. It was established in 2017 and operates in Nigeria. The company raised nearly €50 million from global investors such as Tiger Global, DST, and Flourish Ventures. FairMoney has offices in several countries, namely France, Nigeria, Germany, Latvia, the UK, Türkiye, and India.
JOB SUMMARY
RequirementsMinimum of bachelor’s degreeAt least 7 years banking experience in internal control or similar positionMaster’s degree in accounting, economics or Finance preferred.Professional Accounting Certification (ICAN, ACCA) preferred.Proficient in Microsoft Office Suite, including Excel, Word, and PowerPoint.High ethical standards and professionalism, with the ability to handle confidential information sensitively and discretely.Ability to work independently and collaboratively as part of a team, with a proactive approach to identifying and addressing control weaknesses
RESPONSIBILITIES
Continuous transaction Monitoring: Conducting daily, weekly, or periodic reviews of transactions, branch activities, and operations to identify lapses.Risk Assessment: Identifying and mapping risks related to operations, technology, or non-compliance to prevent fraud and financial loss.Regulatory & Policy Compliance: Ensuring all operations adhere to local regulations (AML/CFT), internal policies, and central bank directives.Transaction Spot Checks: Performing independent spot checks on transactions, specifically focusing on posting and GL movements, and electronic channels like Cards, ATMs or POS systems.Process Improvement & Reporting: Preparing detailed reports on control gaps, recommending remedial actions, and following up with management to ensure defects are corrected.Asset safeguard: Physical review of bank's assets from time to time.
REQUIRED SKILLS
Compliance, Reporting, Accounting, Internal control
REQUIRED EDUCATION
Bachelor's degree