Internal Controls & Fraud Risk Manager

About Fintech Farm

We are a UK fintech creating successful neobanks in emerging markets in partnership with local traditional banks. Our mission is to make banking services accessible, simple, and enjoyable worldwide. Our goal is ambitious: to launch neobanks in 50+ markets and serve over 100 million customers.
Our success is built on best-in-class products, exceptional customer experience, emotional engagement, viral growth strategies, and deep expertise in credit decisioning across lending, payments, savings, and investment products. One of our founders previously co-founded one of Eastern Europe's most successful neobanks, serving millions of customers.
We launched our first market, Leobank in Azerbaijan, in 2021 and quickly achieved a leading market position. In 2023, we launched Liobank in Vietnam and have already gained significant traction. Several new markets are planned over the coming months, creating exciting opportunities for growth and impact.

Why Fintech Farm?

Our Ambition

We aim to become the leading consumer digital banking brand in every market we enter, making financial services intuitive, accessible, and enjoyable. Joining Fintech Farm means becoming part of a high-growth journey with global ambitions.

Our Culture

Customers

We go above and beyond to deliver an outstanding customer experience. We serve our customers the way we would want our own families to be served. We believe banking does not have to be boring — our products are designed to be both simple and engaging.

People

We operate as business partners rather than traditional employees. We think big, take ownership, challenge limitations, and focus on outcomes. We trust talented individuals, minimize bureaucracy, and prioritize common sense over rigid processes. Curiosity, initiative, and continuous learning are highly valued.

How We Work

We are an AI-forward organization. We expect our teams to leverage AI-powered tools and agent-driven workflows to increase efficiency, automate repetitive tasks, accelerate investigations, improve decision-making, and scale their impact. We measure results, not hours worked.

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About the Role

We are looking for an experienced Internal Controls & Fraud Risk Manager to establish and strengthen the internal control framework across our banking operations. This role sits at the intersection of Internal Controls, Fraud Risk Management, Information Security, and Operational Risk.
You will be responsible for identifying vulnerabilities, implementing control mechanisms, monitoring employee-related risks, investigating incidents, and working closely with banking partners, information security teams, auditors, and regulators to ensure a robust control environment.

Key Responsibilities

• Build and continuously enhance the bank's internal control framework, processes, and monitoring mechanisms.


• Identify vulnerabilities and control gaps across banking systems, operational processes, and products.


• Design, maintain, and improve control matrices, monitoring rules, and risk indicators.


• Analyze and correlate events across systems to identify suspicious activity and employee-related risk patterns.


• Develop and maintain automated risk detection and alerting mechanisms.


• Investigate suspicious activities, internal fraud cases, and control breaches.


• Prepare investigation reports, incident documentation, and remediation recommendations.


• Monitor and control employee access rights, ensuring proper segregation of duties and least-privilege principles.


• Review and approve internal control procedures, monitoring processes, and risk management practices.


• Collaborate closely with the Bank's Information Security team on security controls, investigations, and risk mitigation initiatives.


• Participate in the approval and review of security controls, including access management, password management standards, administrative panel protection, and rate-limiting controls.


• Act as a key point of contact for Internal Audit and support audit activities and reviews.


• Prepare logs, evidence packages, case documentation, and risk analyses for requests from banking partners, auditors, regulators, and Central Bank authorities.


• Monitor control effectiveness and recommend improvements to strengthen the overall control environment.


• Promote a culture of risk awareness, accountability, and operational excellence throughout the organization.

Requirements

Education & Experience

• Bachelor's degree in Finance, Information Security, Audit, Risk Management, or a related field.


• 3+ years of experience in Internal Controls, Compliance, Fraud Prevention, Information Security, Audit, or Risk Management.


• Experience within banking, fintech, financial services, or regulated environments is strongly preferred.

Technical Skills

• Strong understanding of internal control frameworks and risk management processes within banking or financial institutions.


• Experience designing and maintaining control matrices and monitoring frameworks.


• Ability to identify process weaknesses and implement effective risk mitigation measures.


• Strong analytical skills with the ability to detect suspicious patterns and correlate events across multiple systems.


• Experience working with logs, databases, and analytical tools.


• Proficiency in SQL and data analysis.


• Understanding of access management, privileged access controls, administrative panel security, password management practices, and rate-limiting mechanisms.


• Familiarity with incident investigation and reporting processes.

Domain Knowledge

• Solid understanding of internal fraud schemes, employee misconduct risks, and fraud prevention methodologies.


• Basic understanding of information security principles and controls.


• Knowledge of operational risk management practices and governance frameworks.


• Experience interacting with auditors, regulators, or Central Bank representatives is considered a strong advantage.

Soft Skills

• Strong systems-thinking and analytical mindset.


• Exceptional attention to detail.


• Ability to build processes and frameworks from the ground up.


• Excellent communication and stakeholder management skills.


• Ability to work effectively across Information Security, Audit, Product, Operations, and Business teams.


• Proactive, self-driven, and comfortable operating in a fast-paced environment.


• Strong problem-solving, decision-making, and risk assessment capabilities.