Fraud Risk Practitioner

DUT has approximately 33 000 students, and is located in the beautiful cities of Durban and Pietermaritzburg (PMB). As a University of Technology, it prioritises the quality of teaching and learning, as well as research and innovation, by ensuring its staff are appropriately qualified.

Existing as a result of the merger, in April 2002, of two prestigious Technikons, ML Sultan and Technikon Natal, it was named the Durban Institute of Technology, and later became the Durban University of Technology in line with the rest of the universities of technology.

DUT, a member of the International Association of Universities, is a multi-campus university of technology at the forefront of higher education, technological training, research, and innovation. In alignment with its ENVISION2030 strategy, the University would like to see its people (students, staff, etc) become entrepreneurial and innovative.

In 2020, DUT was ranked amongst the Top 500 Universities globally, and 10th for citations globally and 5th Nationally, an achievement which the university continues to build on through its academic fraternity. That is, the Research, Innovation and Engagement (RIE) as well as the Teaching and Learning fraternity. And, the latter being constituted largely through its six Faculties, viz. Accounting and Informatics, Applied Sciences, Management Sciences, Engineering and the Built Environment, Health Sciences and Arts & Design.

DUT is: _‘Creative. Distinctive. Impactful’_

Applications are invited from interested person(s) for the under mentioned post.

**DURBAN UNIVERSITY OF TECHNOLOGY**

**FRAUD RISK PRACTITIONER (POST REFERENCE: 20001612)**

**Location**: Durban
**Reporting to**: Chief Risk Officer

**Purpose of the Job**
To identify, prevent, and respond to fraud associated risk. The Fraud Risk Practitioner should use their knowledge of risk management, corporate governance, and fraud control to help DUT in strengthening its defences against fraud and corruption.

**MINIMUM QUALIFICATIONS REQUIREMENTS**:

- Relevant Honours Degree (NQF Level 8) in Forensic Science; Enterprise Risk Management; Internal Audit; Finance, or related field (economics, business management, statistics, or law).
- Certification in Fraud Risk Management (CFRM).
- Membership to a professional body, e.g. Association of Certified Fraud Examiners (ACFE).

**IDEAL QUALIFICATION REQUIREMENTS**
- MPhil Fraud Risk Management.

**MINIMUM EXPERIENCE REQUIREMENTS**:

- 8 years or more within a fully-fledged Compliance environment.
- 5 years’ experience in:

- Fraud risk profiling/assessment value chain (from identification through to reporting)
- Analysis of key trends in relation to the institutional fraud risk landscape, including emerging risks.
- Effective coordination of whistleblowing activities, including proactive response to hotline reports.
- Undertaking preliminary forensic investigations with confidentiality and deadline-driven posture.
- Leading fraud and forensics related training and awareness across an organisation.
- Responding to practical complexities pertaining to fraud and forensics related cases.
- Evaluation of an institutional fraud and forensics value chain, including implemented recommendations for improvement.
- Development of fraud and forensics governance documents, including socialisation across an organisation.
- Combined Assurance Framework (CAF).
- Contract management, identifying loopholes and unmitigated risks prior to executive sign-off.
- Project management with tangible outcomes/impact.
- Interacting across all hierarchical levels (At all levels within the institution), viz. with line management and other CAF lines of assurance role players.

**Ideal Experience**:

- Experience in the Higher Education Sector.
- Insights into organisational strategy.
- Experience in the implementation of an ERM software.
- Experience in serving on an oversight structure, even if as merely an internal role player.

**MIMIMUM LEGAL REQUIREMENT**:
Membership, in good standing, with a professional fraud-focused body, viz.:

- Association of Certified Fraud Examiners (ACFE), or
- Institute of Commercial Forensic Practitioners (ICFP), or Equivalent

**KEY COMPETENCIES REQUIREMENTS**

**MINIMUM REQUIREMENT**
- Ability to identify, assess, and prioritise fraud risks within institutional processes, ensuring proactive detection and treatment of vulnerabilities.
- Expertise in designing, testing, and evaluating internal control systems that minimise exposure to fraud and corruption across the institution.
- Practical knowledge of investigation methodologies, evidence collection, interviewing, and forensic analysis techniques.
- Strong ability to prepare and present clear, accurate, and insightful reports, dashboards, and presentations on fraud risks and investigation outcomes.
- Thorough understanding of governance principles, ethical standards, and enterprise risk management frameworks, and ability to embed these into daily operations.
- Famili