Fraud, Risk, and Misappropriation Officer (FMPU)

Base Office : Head Office, SAJIDA Microfinance Limited Reports To : Country Representative Employment Type : Full-time Job Summary The Fraud, Risk, and Misappropriation Officer (FMPU) is responsible for identifying, assessing, preventing, and mitigating risks related to fraud, corruption, and asset misappropriation across SAJIDA Microfinance’s operations. This role involves deg and implementing robust risk management frameworks, conducting investigations into suspected fraudulent activities, and ensuring effective internal controls to protect the organization’s assets and reputation. Key Duties and Responsibilities

1. Risk Management • Conduct periodic risk assessments across all business units to identify potential vulnerabilities to fraud and misappropriation. • Develop, implement, and maintain fraud risk management policies, frameworks, and procedures. • Prepare consolidated risk reports for the Management Committee, outlining risk exposures and recommending mitigation strategies. • Oversee the credit approval process to ensure compliance with proper risk management practices.
2. Fraud Prevention and Detection • Design and execute proactive fraud prevention strategies and internal control mechanisms. • Perform regular monitoring and compliance checks to ensure adherence to organizational policies. • Stay informed about emerging fraud trends, schemes, and technologies that could threaten the organization’s integrity. • Recommend system and process improvements to reduce opportunities for fraud.
3. Investigation • Lead and coordinate investigations into all known or suspected cases of fraud, misappropriation, or unethical conduct involving employees, clients, or partners. • Receive and assess allegations, complaints, and whistle-blower reports in a confidential and professional manner. • Conduct interviews, gather documentary evidence, and maintain a proper chain of custody throughout the investigation process. • Prepare detailed investigation reports summarizing findings, conclusions, and recommendations for corrective actions. • Collaborate with external auditors, law enforcement agencies, and regulatory authorities as needed.
4. Training and Awareness • Design and deliver regular training sessions for employees on fraud awareness, internal controls, and ethical practices. • Promote a culture of transparency, accountability, and zero tolerance for fraud within the organization. • Ensure all fraud and misappropriation case files are securely documented and stored in compliance with confidentiality requirements. • Communicate SAJIDA’s anti-fraud stance to staff, clients, and stakeholders to reinforce integrity and compliance. Required Skills and Competencies • Strong understanding of risk management, internal controls, and fraud investigation processes. • Excellent analytical, investigative, and problem-solving abilities. • High ethical standards and professional integrity. • Strong written and verbal communication skills, including report