Senior Fraud Prevention Strategist

1 month ago


Cape Town, Western Cape, South Africa Frank Consult Full time
Job Title: Senior Fraud Prevention Strategist

Estimated Salary: R1,200,000 - R1,800,000 per annum

About the Role:

We are seeking an experienced and skilled Senior Fraud Prevention Strategist to lead our fraud prevention efforts and develop a comprehensive strategy to prevent and mitigate fraudulent activities within our organisation.

Key Responsibilities:
  • Develop and implement a fraud strategy for digital payments, utilising industry best practices and innovative solutions.
  • Lead the implementation of advanced fraud detection technologies, such as AI and big data analytics, to monitor, detect, and mitigate fraudulent activities.
  • Oversee the development and maintenance of systems and tools that support fraud detection, prevention, and investigation.
  • Advise on technology adoption to strengthen fraud defences and ensure alignment with the organisation's goals.
  • Ensure compliance with AML, STR/SAR directives, and other regulatory requirements related to financial crime.
Requirements:
  • 10+ years of experience in fraud detection and prevention, with exposure to digital payments being a strong advantage.
  • 5+ years in a leadership role managing fraud prevention teams.
  • In-depth knowledge of fraud, financial crime, AML, and STR/SAR directives.
  • A proven track record of developing and executing fraud prevention strategies.
  • Experience with AI technologies and their application in fraud detection and prevention.
  • Expertise in data analytics and big data for enhanced fraud detection.


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