Payments Risk Analyst Job Vacancy in Makurdi, Nigeria – Financial Services / Payments

Job Description

Position: Payments Risk Analyst

Company: Visa Nigeria

Location: Makurdi, Nigeria

Experience: 2-4 years

Education: Bachelor’s degree in Finance, Economics, Business Administration, or related field

Employment Type: Full-time

Industry: Financial Services / Payments

Department: Risk Management

Salary: NGN 2,500,000 – NGN 4,000,000 per annum

Vacancies:1

Company Overview

Visa Nigeria is a leading global payments technology company, connecting consumers, merchants, financial institutions, and governments in more than 200 countries and territories. With a strong commitment to financial inclusion, Visa drives innovative digital payment solutions that empower individuals and businesses across Africa. The Makurdi office serves as a strategic hub for the North-Central region, supporting the expansion of secure, fast, and reliable payment ecosystems. As part of Visa’s mission to enable the world to move money safely and efficiently, the company offers a dynamic workplace that encourages collaboration, continuous learning, and career growth. This role contributes directly to Visa’s vision of a cashless future, making it an exciting opportunity for professionals seeking to make an impact in the payments industry. The position also aligns with broader Nigeria Jobs trends, offering a competitive environment for those looking for Jobs in Nigeria.

Job Overview

The Payments Risk Analyst will be responsible for identifying, assessing, and mitigating risks associated with Visa’s payment processing activities in Nigeria. Working closely with cross‑functional teams, the analyst will analyze transaction data, monitor fraud patterns, and develop risk models that protect both the company and its customers. This role is pivotal in ensuring compliance with local regulations, safeguarding the integrity of the payment network, and supporting Visa’s commitment to secure and trustworthy financial services. The analyst will also contribute to strategic initiatives that enhance risk management frameworks, making this position a cornerstone of Visa’s operational excellence in the region. This Job Vacancy in Nigeria offers a unique blend of analytical challenge and strategic influence, ideal for candidates eager to advance their careers in a fast‑growing sector.

Key Responsibilities

• Analyze real‑time transaction data to detect suspicious activities and potential fraud.
• Develop and maintain risk scoring models using statistical and machine learning techniques.
• Collaborate with the Compliance and Legal teams to ensure adherence to Central Bank of Nigeria (CBN) regulations.
• Prepare detailed risk assessment reports for senior management and external auditors.
• Monitor emerging fraud trends and recommend proactive mitigation strategies.
• Support the implementation of new risk management tools and technologies.
• Provide risk‑related insights to product development teams to enhance security features.
• Participate in incident response and post‑mortem analysis for high‑impact fraud events.

Required Skills

• Strong analytical mindset with proficiency in data analysis tools such as SQL, Python, or R.
• Knowledge of payment systems, card networks, and fraud detection methodologies.
• Excellent communication skills to convey complex risk concepts to non‑technical stakeholders.
• Ability to work independently and as part of a multidisciplinary team.
• Attention to detail and a proactive approach to problem‑solving.
• Familiarity with regulatory frameworks governing payments in Nigeria.

Education

A minimum of a bachelor’s degree in Finance, Economics, Business Administration, Computer Science, or a related discipline is required. Professional certifications such as Certified Fraud Examiner (CFE) or Certified Risk Analyst (CRA) are advantageous but not mandatory.

Experience

Candidates should have 2‑4 years of experience in risk analysis, fraud detection, or a related field within the financial services or payments industry. Experience with large‑scale transaction data sets and exposure to regulatory compliance in Nigeria will be considered a strong asset.

Salary

The compensation package ranges from NGN 2,500,000 to NGN 4,000,000 annually, commensurate with experience and qualifications. The package includes performance‑based bonuses, health insurance, and retirement benefits.

Benefits

• Comprehensive health and dental coverage.
• Retirement savings plan with employer matching.
• Annual performance bonus.
• Paid parental and sick leave.
• Flexible working hours and remote work options.
• Employee assistance program.

Training

• On‑boarding program covering Visa’s risk management framework and payment ecosystem.
• Access to Visa University for continuous learning and professional development.
• Mentorship opportunities with senior risk analysts and industry experts.
• Workshops on advanced analytics, machine learning, and regulatory compliance.

Working Environment

Visa Nigeria fosters an inclusive, collaborative, and innovative workplace. The Makurdi office features modern workspaces, meeting rooms equipped with the latest technology, and a culture that values diversity of thought. Employees are encouraged to share ideas, challenge the status quo, and contribute to a supportive community that drives both personal and organizational success. The environment aligns with the broader goals of Employment in Nigeria, offering a stable and rewarding career path.

Application Process

Interested candidates should submit their application through the Visa Careers portal at https://www.visa.com/careers. Upload a tailored resume and a cover letter highlighting relevant experience and motivation for the role. Applications will be reviewed on a rolling basis, and shortlisted candidates will be contacted for virtual interviews. Ensure your profile reflects the keywords Nigeria Jobs, Jobs in Nigeria, and Career Opportunities in Nigeria to increase visibility.

Equal Opportunity Statement

Visa Nigeria is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, gender identity, national origin, disability, or veteran status. Visa is dedicated to fostering a workplace where every individual can thrive and contribute to our shared success.