Compliance and Fraud Officer at One Credit Limited: One Credit Limited is a registered consumer finance company in Nigeria. The company is a capex-light, technology enabled, provider of unsecured loans to salaried consumers in Nigeria. Compliance and Fraud OfficerOne Credit Limited - Nigeri...One Credit Limited is a registered consumer finance company in Nigeria. The company is a capex-light, technology enabled, provider of unsecured loans to salaried consumers in Nigeria. Compliance and Fraud OfficerOne Credit Limited - NigeriaROLE-PURPOSE(a) To ensure compliance with agreed procedures. (b)To ensure operational losses are kept to a minimum. (c) To prevent fraud. (d) To ensure lessons are learned from any fraudulent activity, controls improved and no recurrence.(e) No regulatory breaches. JOB DESCRIPTIONAnalyse all first payment defaults, non-starters and severe collection cases to confirm due diligence in the underwriting process and determine root cause.Perform compliance spot check and reviews on customer files – applications and loans disbursed.Monitor and promptly report all fraud incidents- actual and attempted - and ensure records/files are kept for future referenceInvestigate fraud incidents to ensure cases are properly investigated, lessons learned and recommendations for change madeStay on top of the latest trends and developments in the fraud industry and circulate current fraud trends and other awareness material to the applicable teams.Implement fraud prevention and anti-fraud management tools; automate processes.Revenue assurance – review all income lines and GL to ensure correctness and prevent loss of revenue.Follow up to ensure that all regulatory reports/returns are made on time KEY PERFORMANCE INDICATORSOperational Loss Rates and TrendsTimeliness and accuracy of reportsRelevance and quality of recommendations and forecastsRegulatory fines dlvr.it/88LwZW
Posted on: Sun, 18 Jan 2015 21:05:42 +0000
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