Fraud Risk Advisor

5 months ago

Johannesburg, South Africa Nedbank Full time

**Requisition Details & Talent Acquisition Contact**
- REQ 129429- Tshego Semenya- Location: Johannesburg**Cluster**
- Group Risk**Career Stream**
- Forensics**Leadership Pipeline**
- Manage Self: Professional

**Position**
- Fraud Risk Advisor (Avo)**Job Purpose**
- To reduce the impact of fraud by assessing control adequacy and efficacy of the current and future operational environment and recommend mitigates across Nedbank Group**Responsibilities**:
**Fraud risk management in general**
- Contain existing and potential fraud losses.
- Ensure risk mitigation actions are implemented and provide fraud risk insight.
- Ensure client needs are met and act as advisor to stakeholders.
- Collectively recommend appropriate mitigation actions and communicate trends to clients and investigators.
- Provide information on business initiatives in preparation of future fraud investigations.
- Influence the enhancement of business processes and methodologies.
- Identify fraud risk and consult with stakeholders to take corrective action.
- Ensure appropriate action is taken to mitigate fraud impact within operational risk appetite.
- Reduce fraud impact and ensure fraud risk is highlighted and source documentation for processes updated.
- Review and analyse processes, improving business results, reducing fraud losses and provide guidance on fraud trends.
- Ensure project delivery results within parameters.
- Reduce fraud losses and assist stakeholders in implementing fraud risk management processes.
- Obtain buy-in for developing new and/or enhanced processes that will improve the functioning of stakeholders' businesses

**Fraud risk management in respect of the AVO platform**
- Manage fraud risk for the Avo platform, provide guidance and oversight and reporting on the profile.
- Development of new controls on Avo based on fraud experience.
- Continuous enhancements to existing controls on Avo to mitigate fraud exposure.
- Development of fraud risk report for governance reporting requirements
- Monthly, quarterly reporting on Avo fraud risk profile.
- Development of daily loss reporting template to manage and track new fraud incidents.
- Review of risk exposure for removal of 3DS for lower value transactions
- Development of key risk indicators based on card associations.
- Monthly monitoring, tracking and reporting on the indicators. including recommendations to business to enhance control environment.
- Monthly monitoring to set thresholds.
- Liaison with 3rd party banks when blocks/rules are imposed on the Avo merchant.
- Attendee of the Beyond Banking Opcom.
- Attendance and presentation of the fraud risk profile at the Beyond Banking Opcom.
- Minimum Experience Level- 5 years’ experience in a forensic and/or risk management/advisory role in a banking or financial services environment with specific exposure to management of IT/digital risk or IT audit. Specific experience in Card will be advantageous.
- Essential Qualifications - NQF Level- Advanced Diplomas/National 1st Degrees
- Preferred Qualification- Diploma: Criminal Justice and Forensic Auditing, Advanced Diplomas/National 1st Degrees
- Preferred Certifications- Certified Fraud Examiner - preferred not essential, Institute for Commercial Forensic Practitioners (ICFP)

**Type of Exposure**
- Conducting root cause analysis
- Analysing situations or data
- Developing ways to minimize risks
- Drafting reports
- Managing conflict situations
- Influencing stakeholders to obtain buy-in for concepts and ideas
- Sharing information in different ways to increase internal stakeholders understanding
- Identifying business risks
- Comparing two or more sets of information
- Analysing and interpreting quantitative and qualitative data Working with a group to identify alternative solutions to a problem
- Interacting with diverse people
- Building and maintaining effectiv3e relationships with internal and external clients
- Analysing and interpreting quantitative and qualitative data
- Interacting with various levels of management
- Managing multiple projects

**Technical / Professional Knowledge**
- Banking knowledge
- Banking procedures
- Business Acumen
- Microsoft Office
- Nedbank policies and procedures
- Relevant regulatory knowledge
- Relevant software and systems knowledge
- Risk management process and frameworks
- Business writing skills

**Disclaimer**

**_Please contact the Nedbank Recruiting Team at +27 860 555 566_**
- **_Please contact the Nedbank Recruiting Team at +27 860 555 566_

  • Fraud Risk Advisor

    5 months ago

    Johannesburg, South Africa Nedbank Full time

    **Requisition Details & Talent Acquisition Contact** - REQ 129413- Tshego Semenya- Location: Johannesburg**Cluster** - Group Risk**Career Stream** - Forensics**Leadership Pipeline** - Manage Self: Professional **Position** - Fraud Risk Advisor**Job Purpose** - To reduce the impact of fraud by assessing control adequacy and efficacy of the current and future...

  • Fraud & Risk Administrator

    5 months ago

    Johannesburg, South Africa Profession Hub Full time

    Our client is searching for a **Fraud & Risk Administrator **to join their team in Johannesburg. **Job Overview**: - A sportsbook Fraud and Risk Administrator is responsible for safeguarding the company's operations against fraudulent activities. **Responsibilities and Duties**: - Fraud Detection through analysis of financial transactions and data to...

  • Fraud Risk Manager

    1 week ago

    Johannesburg, South Africa Absa Group Full time

    Time left to apply: End Date: November 1, 2024 (7 days left to apply) Job requisition ID: R-15968682 Empowering Africa’s tomorrow, together…one story at a time. With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this...

  • Fraud Risk Management Specialist

    4 weeks ago

    Johannesburg, Gauteng, South Africa FirstRand Bank Limited Full time

    Fraud Analyst Job DescriptionAbout the RoleWe are seeking a skilled Fraud Analyst to join our team at FirstRand Bank Limited. As a Fraud Analyst, you will play a critical role in identifying and mitigating fraud risks across the organization.Key ResponsibilitiesParticipate in specialist practice forums to share information and insights with business...

  • Fraud Risk Analyst

    2 months ago

    Johannesburg, South Africa Absa Bank Limited Full time

    Empowering Africa’s tomorrow, together one story at a time. - With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group. Job Summary To...

  • Fraud Risk Analyst

    4 months ago

    Johannesburg, South Africa FirstRand Full time

    Job Description The role of the Fraud Risk Analyst is to detect, investigate, analyse and deter fraudulent transactions against the business. A primary focus of this role is to analyse systems for current and potential fraud and to take action to mitigate potential risk to the business. The Fraud Risk Analyst assists the investigators with compiling...

  • Sportsbook Fraud

    5 months ago

    Johannesburg, South Africa Profession Hub Full time

    Our client is searching for a **Sportsbook Fraud & Risk Manager **to join their team in Johannesburg A sportsbook Fraud and Risk Administrator is responsible for leading Fraud teams and mitigating customer risk through effective analysis of accounts and group trends, prediction of future fraud trends and proactive implementation of prevention measures; thus...

  • Fraud Risk Management Specialist

    1 month ago

    Johannesburg, Gauteng, South Africa FirstRand Bank Limited Full time

    Job Title: Fraud Risk Management SpecialistDescription:To execute fraud risk management processes to guide and assist business in identifying and analyzing risk incidents threatening assets, earning capacity, and success. This involves active participation in specialist practice forums to share information and insights across the business.Key...

  • Fraud Risk Management Specialist

    1 month ago

    Johannesburg, Gauteng, South Africa FirstRand Bank Limited Full time

    Job SummaryWe are seeking a highly skilled Fraud Risk Management Specialist to join our team at FirstRand Bank Limited. The successful candidate will be responsible for executing fraud risk management processes to guide and assist business in identifying and analyzing risk incidents threatening the assets, earning capacity, and success.Key...

  • Manager: Fraud Risk Management

    5 months ago

    Johannesburg, South Africa KPMG-SouthAfrica Full time

    Job title/position: Manager: Fraud Risk Management Number of positions: 1 Function and Business Unit: GRC, Forensic JHBDescription of the role and purpose of the job: To manage fraud risk management engagements with efficiency and the required technical competence. Key responsibilities:• Project management of fraud risk management assignments • Managing...

  • Fraud Change Risk Manager

    4 months ago

    Johannesburg, South Africa Absa Bank Limited Full time

    Bring your possibility to life! Define your career with us - With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job Summary To...

  • Operations Manager: Fraud and Risk

    4 weeks ago

    Johannesburg, Gauteng, South Africa TalentCru Full time

    Job Title: Operations Manager: Fraud and RiskTalentCru is seeking an experienced Operations Manager to lead our Fraud and Risk team. As a key member of our organization, you will be responsible for developing and implementing strategies to mitigate fraud and manage risk within our operations.Key Responsibilities:Fraud Prevention: Oversee fraud prevention...

  • Operations Manager: Fraud and Risk

    2 weeks ago

    Johannesburg, Gauteng, South Africa TalentCru Full time

    Job Title: Operations Manager: Fraud and RiskTalentCru is seeking an experienced Operations Manager to lead our Fraud and Risk team. This role involves developing and implementing strategies to mitigate fraud and manage risk within our organisation's operations.Key Responsibilities:Oversee fraud prevention measures and analyse risk factors to ensure...

  • Change Manager: Fraud Risk

    4 months ago

    Johannesburg, South Africa Absa Bank Limited Full time

    Bring your possibility to life! Define your career with us - With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job Summary To...

  • Operations Manager: Fraud and Risk

    5 months ago

    Johannesburg, South Africa Adcorp Holdings Full time

    **Synopsis** My client is seeking an Operations Manager for Fraud and Risk to be responsible for developing and implementing strategies to mitigate fraud and manage risk within the organisation's operations. This role involves overseeing fraud prevention measures, analysing risk factors, and leading a team to ensure compliance with regulatory standards....

  • Senior Fraud Risk Management Professional

    7 days ago

    Johannesburg, Gauteng, South Africa KPMG-SouthAfrica Full time

    Job Title: Manager: Fraud Risk ManagementJob Summary: We are seeking a highly skilled Senior Fraud Risk Management Professional to join our team at KPMG-SouthAfrica. The ideal candidate will have a deep understanding of fraud risk management principles and practices, as well as excellent project management and team leadership skills.Key Responsibilities:...

  • Fraud Advisor

    5 months ago

    Johannesburg, South Africa Absa Bank Limited Full time

    Bring your possibility to life! Define your career with us - With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job Summary -...

  • Operations Manager: Fraud and Risk

    5 months ago

    Johannesburg, South Africa TalentCru Full time

    My client is seeking an Operations Manager for Fraud and Risk to be responsible for developing and implementing strategies to mitigate fraud and manage risk within the organisation's operations. This role involves overseeing fraud prevention measures, analysing risk factors, and leading a team to ensure compliance with regulatory standards. This is a 6-month...

  • Head: Fraud Risk Management Coe

    5 months ago

    Johannesburg, South Africa Nedbank Full time

    **Requisition Details & Talent Acquisition Contact** - REQ 129451- Tshego Semenya- Location: Johannesburg**Cluster** - Group Risk**Career Stream** - Forensics**Leadership Pipeline** - Manage Multi-Function (MMF)**Position** - Head: Fraud Risk Management COE**Job Purpose** - To lead the Detection, Prevention and Investigations capability to support Nedbank's...

  • Manager, Fraud Risk Management

    2 weeks ago

    Johannesburg, South Africa Standard Bank of South Africa Limited Full time

    Business Segment: Personal & Private Banking To implement measures for pro-active identification, execution, and measurement of a consistent approach to client experience through adoption of minimum standards, frameworks, and rules across the PPB fraud value chain whilst continuing to transition to a platform business. Identify and manage the resolution of...