Chief Fraud Prevention Officer

1 week ago


Cape Town, Western Cape, South Africa Frank Consult Full time
Head of Fraud

Frank Consult, a leading Fintech organisation, is seeking a seasoned Head of Fraud to spearhead the development and execution of a comprehensive fraud prevention strategy.

Key Responsibilities:
  • Develop and implement a fraud prevention strategy that leverages industry best practices and innovative solutions to mitigate digital payments risks.
  • Utilise advanced fraud detection technologies, such as AI and big data analytics, to monitor, detect, and prevent fraudulent activities.
  • Lead the implementation of systems and tools that support fraud detection, prevention, and investigation, ensuring seamless integration with existing infrastructure.
  • Advise on technology adoption to strengthen fraud defences and ensure alignment with the organisation's goals, fostering a culture of continuous improvement.
  • Ensure compliance with regulatory requirements related to financial crime, staying up-to-date with evolving regulations and industry standards.
  • Use data analytics to identify and analyse fraud patterns, improving detection accuracy and informing strategic decision-making.
  • Oversee fraud-related investigations and act as the key point of contact for all fraud matters, ensuring timely and effective resolution.
  • Provide leadership and mentorship to the fraud team, fostering a collaborative environment that encourages knowledge sharing and professional growth.
Key Requirements:
  • 10+ years of experience in fraud detection and prevention, with a strong background in digital payments and a proven track record of success.
  • 5+ years in a leadership role managing fraud prevention teams, with a demonstrated ability to lead and motivate high-performing teams.
  • In-depth knowledge of fraud, financial crime, and regulatory requirements, with a strong understanding of industry trends and emerging threats.
  • A proven track record of developing and executing fraud prevention strategies, with a focus on innovation and continuous improvement.
  • Experience with AI technologies and their application in fraud detection and prevention, with a strong understanding of data analytics and big data.
  • Relevant tertiary qualification in finance, legal, or a related field, with a strong academic record and a passion for staying up-to-date with industry developments.

This is an exciting opportunity to join a forward-thinking organisation and make a significant impact by shaping and advancing its fraud prevention strategy.

We are committed to creating a diverse and inclusive work environment, where talented individuals can thrive and contribute to our success.



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