Tactical Fraud: Data Analyst

3 weeks 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

This role is within RBB Fraud Strategy, reporting into the RBB Fraud Strategy Manager: Insurance, Investments and Wealth Management.

BRIEF OVERVIEW OF THE ROLE:
An exciting new role that focuses on tactical and investigative fraud data analytics in the Life insurance (long term insurance) space. This specialist role allows a colleague to collaborate with Special investigative units and to work with a multi-disciplinary team in both business and Fraud Strategy. The role will allow a colleague to Implement monitoring approaches to combat ever changing fraud modus operandi in the insurance landscape whilst driving innovation in the development of new monitoring techniques in the fight against fraud

**Job Description**:
KEY RESPONSIBILITIES

The high-level duties of the role:
Accountability: Tactical Anti-Fraud Data Analytics- Exploration of business data to build a detailed and critical understanding of system behavior and key data variables underlying within business systems for purposes of building effective anti-fraud analytics- Coding and ongoing execution of tactical anti-fraud analytics to drive identification of known fraudulent modus operandi for case referral to business investigative teams (SIU)- Coding and ongoing exploration of data utilizing anti-fraud methods to identify emerging or new patterns of potential fraudulent modus operandi- Collaboration with business investigative teams (SIU) to absorb emerging modus operandi from cases investigated into tactical analytic approaches.- Collaboration with Strategic fraud analysts to input lessons learned into rules and models housed within strategic fraud systems-
- An ongoing exploration of additional intelligence sources to bolster the identification of fraud within tactical analytics- Ensure procedure alignment with testing and deployment of scripts/rules to ensure that rules are implemented correctly- Use optimal coding methodologies to ensure speed of execution in querying large data sets (across data sets)- Ensure sufficient space is available for new rules by ensuring that redundant and non-performing rules are removed from the rule engine.-
- Examine undetected fraud by optimizing current rules or find new rules to cater for new fraud trends.- Run validity of rule firings to identify accuracy from rule logic.

Accountability: Governance and Reporting- Archive rule changes by ensuring that all information regarding the rule changes has been saved centrally for easy retrieval including approvals for rule changes, peer review confirmations, and updated rule logs.- Ensure that all processes executed or distributed daily/weekly/monthly are documented, up to date, and accessible by all peers.- Produce and analyze monthly MI, and provide insightful commentary to support the data.- Produce ad-hoc analysis reports on specific fraud-related issues.- Create new reports that will assist with Fraud analytics strategic goals.- Ensure that all reports are updated and sent to stakeholders timeously.

Accountability: Relationship Management- Work together with cross-functional teams.- Liaise regularly with relevant stakeholders.- Liaise with operational areas.- Timely escalation of potential issues to relevant stakeholders.

Education and Minimum Requirements:
- B-degree in Mathematics or Statistics or Risk Management or Forensic Investigation or equivalent NQF level 7 qualification- At least 3 - 5 years’ experience in data analysis, utilizing standard statistical packages such as SAS.- At least 3 years’ experience in SAS Advanced programming for statistical analysis and manipulation of very large data sets.- Advanced computer literacy especially the Microsoft Office suite of programs (MS Word, MS Excel, MS PowerPoint) (1+ years).- Experience in Forensic investigative analytics (life insurance/insurance space specifically) is critical- Forensic certifications such as ICFP or ACFE will be an advantage

Knowledge and skills:
- SAS Programming- SQL Programming- Problem Solving- Microsoft Office- Communication - verbal & written

Competencies:
- Deciding and initiating action- Dedicated and committed- Relating and networking- Adapting and responding to change- Customer centric- Creating and innovating- Accountability- Results driven

Education

Bachelor's Degrees and Advanced Diplomas: Business, Commerce and Management Studies (required)
- Absa Bank Limited reserves the right not to make an appointment to the post as advertised_

  • Fraud Analyst

    2 months ago

    Johannesburg, South Africa Isilumko Staffing Full time

    Urgently seeking proactive, confident, innovative, solutions driven Fraud Analyst individual to join one of the TOP Banks in S.A., to be based in Sandton on an initial 3-month contract (possible of renewal based on overall performance). - Investigate Cases of Fraud, scams - Obtain case numbers, affidavit and other documents - Analyse transactional data with...

  • Fraud Analyst

    2 weeks ago

    Johannesburg, Gauteng, South Africa Isilumko Staffing Full time

    Urgently seeking proactive, confident, innovative, solutions driven Fraud Analyst individual to join one of the TOP Banks in S.A., to be based in Sandton on an initial 3-month contract (possible of renewal based on overall performance). Investigate Cases of Fraud, scams Obtain case numbers, affidavit and other documents Analyse transactional data with the...

  • Fraud Risk Data Analyst

    3 weeks 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...

  • Fraud Data Scientist

    2 weeks ago

    Johannesburg, Gauteng, South Africa Network Recruitment Full time

    Job Description:A leading financial institution is seeking a Data Scientist to join their fight against fraud. In this role, you will use your expertise to uncover hidden patterns in data and develop solutions that empower better decision-making. Your efforts will directly contribute to protecting customers and positioning the organization as a key player in...

  • Fraud Data Scientist

    7 days ago

    Johannesburg, South Africa Network Recruitment Full time

    Job Description:A leading financial institution is seeking a Data Scientist to join their fight against fraud. In this role, you will use your expertise to uncover hidden patterns in data and develop solutions that empower better decision-making. Your efforts will directly contribute to protecting customers and positioning the organization as a key player in...

  • Fraud Data Scientist

    1 week ago

    Johannesburg, South Africa Network Recruitment Full time

    Job Description: A leading financial institution is seeking a Data Scientist to join their fight against fraud. In this role, you will use your expertise to uncover hidden patterns in data and develop solutions that empower better decision-making. Your efforts will directly contribute to protecting customers and positioning the organization as a key player...

  • Fraud Data Scientist

    1 week ago

    Johannesburg, South Africa Adzuna ZA B C2 Full time

    Job Description:A leading financial institution is seeking a Data Scientist to join their fight against fraud. In this role, you will use your expertise to uncover hidden patterns in data and develop solutions that empower better decision-making. Your efforts will directly contribute to protecting customers and positioning the organization as a key player in...

  • Fraud Risk Analyst

    1 week 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...

  • Fraud Detection Analyst

    2 weeks ago

    Johannesburg, Gauteng, South Africa Initiate international Full time

    A leading iGaming affiliate firm has an amazing new opportunity for a Fraud Detection Analyst to join their team in Johannesburg. Due to the continued rapid expansion and growth journey of their extremely strong and well-established organisation, they are looking for you to detect credit card fraud, identity theft and syndicates making use of compromised...

  • Fraud Prevention Analyst

    3 months ago

    Johannesburg, South Africa Initiate international Full time

    We have an exciting career opportunity for a** Fraud Prevention Analyst** to join a global, multi-cultural iGaming company that’s all about entertainment and all things sport at their offices in **Johannesburg**. They have evolved into a focused, dynamic community that thrives on all things sporty, providing services to an internationally renowned sports...

  • Fraud Detection Analyst

    2 weeks ago

    Johannesburg, Gauteng, South Africa Initiate international Full time

    A leading iGaming affiliate firm has an amazing new opportunity for a Fraud Detection Analyst to join their team in Johannesburg. Due to the continued rapid expansion and growth journey of their extremely strong and well-established organisation, they are looking for you to detect credit card fraud, identity theft and syndicates making use of compromised...

  • Fraud Assurance Analyst

    2 weeks ago

    Johannesburg, Gauteng, South Africa Absa Bank Full time

    Fraud Assurance Analyst (Fraud Solutions) page is loaded Fraud Assurance Analyst (Fraud Solutions) Apply remote type Hybrid locations Johannesburg time type Full time posted on Posted Yesterday job requisition id R Empowering Africa's tomorrow, story at a time. With over 100 years of rich history and strongly positioned as a local bank with regional and...

  • Fraud Detection Analyst

    2 weeks ago

    Johannesburg, Gauteng, South Africa Dream Team Affiliates Full time

    The Department:Due to the continued rapid expansion and growth journey of our extremely strong and well-established organization, we are looking to fill the vacancy of Fraud Detection Analyst, to detect credit card fraud, identity theft and syndicates making use of compromised financial instruments.Purpose of Job:The Fraud Detection Analyst will primarily be...

  • Fraud Agent

    2 weeks ago

    Johannesburg, Gauteng, South Africa Isilumko Staffing Full time

    Urgently seeking proactive, confident, innovative, solutions driven Fraud Analyst individual to join one of the TOP Banks in S.A., to be based in Sandton on an initial 3-month contract (possible of renewal based on overall performance).MUST BE FAIS compliant - RE 5 OR Relevant qualification for BANKING FAIS credits.Investigate Cases of Fraud, scamsObtain...

  • Fraud Risk Analyst

    2 weeks ago

    Johannesburg, Gauteng, 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 SummaryResponsible...

  • Manager Fraud Solutions

    4 weeks 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...

  • Manager Fraud Solutions

    2 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...

  • Manager Fraud Solutions

    1 day 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...

  • Data Analyst

    6 days ago

    Johannesburg, South Africa NTT DATA Full time

    Job Description Make an impact with NTT DATAJoin a company that is pushing the boundaries of what is possible. We are renowned for our technical excellence and leading innovations, and for making a difference to our clients and society. Our workplace embraces diversity and inclusion – it’s a place where you can grow, belong and thrive.Your day at NTT...

  • Analyst Fraud Solutions

    3 weeks 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 With...