Financial Loss Mitigation Specialist

1 month ago


Johannesburg, Gauteng, South Africa Rand Merchant Bank Full time
Job Title : Financial Loss Mitigation Specialist

Rand Merchant Bank is a leading financial institution in South Africa, renowned for its commitment to innovation and customer satisfaction.

We are seeking a skilled Financial Loss Mitigation Specialist to join our team. This role offers an excellent opportunity to make a meaningful impact on the organization's success.

About the Role:

  • This position involves analyzing transactions and documents to determine authenticity and identifying potential fraud risks.
  • The successful candidate will be responsible for executing detection duties and interventions to minimize financial losses to the bank and clients.
  • You will work closely with internal and external stakeholders, including bureaus and other banks, to ensure correct validation of client information and security checks.
  • This role requires strong analytical skills, attention to detail, and effective communication skills.

About You:

  • Have a Diploma or equivalent in Finance, Business, Criminal Justice, Risk Management, or a related field. A Bachelor's degree in Finance, Business Administration, Forensics, Criminal Justice, or a related field would be advantageous.
  • Have 1 to 3 years' experience in a similar environment.

What We Offer:

  • An estimated salary of R450,000 - R600,000 per annum, depending on experience.
  • Opportunities to network and collaborate with experienced professionals.
  • Challenging work that contributes to the growth and development of the organization.
  • Professional growth opportunities through training and development programs.

How to Apply:

Send your CV and cover letter to [insert contact details].



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