Product Auditor

Who We Are Moniepoint Inc. is Africa’s all-in-one financial platform, helping 20 million businesses and individuals access seamless payments, banking, credit, cross-border, and business management tools each month. As Nigeria’s largest merchant acquirer, we power most of the country’s point-of-sale (POS) transactions. Through our subsidiaries, Moniepoint Inc. processes over $250 billion in digital payment transaction value annually. What We Do At Moniepoint, we are a customer-focused community dedicated to crafting solutions that redefine our industry. We leverage artificial intelligence and data-driven best practices to support our businesses, from providing credit and overdrafts to ensuring every transaction is secure. Curious about what makes Moniepoint an incredible place to work? Check out our stories on how we cultivate a culture of innovation, teamwork, and growth. Role Overview The Product Auditor provides independent assurance over the design, implementation, and operating effectiveness of product controls across payment, wallet, settlement, switches and other related products across the organisation The role ensures that new and existing products are deployed with adequate financial, operational, security, and regulatory controls, safeguarding the organization against revenue leakage, settlement failures, regulatory breaches, and technology-driven risks. The Product Auditor will independently evaluate product risk exposure and control maturity prior to scale. Key Responsibilities Audit Universe & Risk-Based Planning • Maintain a living Product Audit Universe covering all payment products, features, and integrations ranked by risk. • Own the annual Product Audit Plan, ensuring coverage is allocated dynamically based on risk ratings, product complexity, regulatory sensitivity, and change velocity. Product Design & Control Assurance • Review PRDs, business rules, and transaction workflows to identify logic gaps, unmitigated risk paths, and missing exception-handling routines before products reach production/go-live. • Analyse product path scenarios, verify Maker-Checker enforcement, and provide formal control design sign-off before any material release goes live. Live Product Assessment ( Continuous Audit Review) • Periodically assess live payment products to confirm they continue to operate within approved design parameters. • Detect configuration drift, identify silent divergence from original PRDs, and analyse live transaction data for emerging risk patterns. Go-Live Readiness & Control Gate • Execute mandatory pre-production Product Audit reviews as an independent control gate for all material releases. • Confirm reconciliation logic, exception queues, and fallback controls are tested and functional. • Escalate critical deficiencies with risk ratings and hold recommendations where a product is not safe to release. Transaction Logic & Mathematical Integrity • Interrogate the Fee Engine using SQL to mathematically prove that commissions, VAT, discounts, and splits are posted with complete precision. • Validate duplicate prevention mechanisms and ensure transaction integrity within complex, multi-step payment sequences, and test reversal, refund, and chargeback logic to confirm financial symmetry is maintained in every scenario. Settlement & Ledger Integrity • Trace fund flows, confirming continuous synchronisation between wallet sub-ledgers and the General Ledger. • Assess reconciliation logic for breaks and evaluate the authorisation, documentation, and reversibility of manual settlement overrides. Product Change & Configuration Integrity • Confirm that all product modifications: fee tables, routing rules, limit parameters passed through an approved change management cycle. • Identify sile