Forensic Manager

AVBOB South Africa; Centurion; On-site; ZAR 60 000 - 100 000; Full time

Job summary

An established industry player is seeking a dynamic individual to lead their forensic investigation team. This role focuses on managing fraud prevention and detection activities, building a robust digital forensics capability, and utilizing advanced technologies such as data analysis, artificial intelligence, and machine learning. The successful candidate will ensure high-quality reporting, manage departmental budgets, and maintain strong stakeholder relationships. This is an exciting opportunity to make a significant impact in the financial services sector while driving strategic initiatives and improving fraud management practices.

Qualifications

• Experience in managing forensic investigation teams and fraud detection.
• Proven ability to implement fraud detection mechanisms effectively.

Responsibilities

• Manage the forensic investigation team and oversee fraud prevention activities.
• Implement proactive fraud detection mechanisms using advanced technologies.

Skills

Fraud Prevention

Forensic Investigation

Data Analysis

Artificial Intelligence

Machine Learning

Stakeholder Management

Education

Bachelor's Degree in Finance or Related Field

Professional Certification in Fraud Examination

Tools

Data Analytics Software

Fraud Detection Tools

Job description

The individual will be responsible for managing the forensic investigation team and performing specific roles in fraud prevention and detection activities; and building a digital forensics capability, with relevant skills and experience in financial services.

Reactive fraud management

• Support the achievement of strategic and business objectives through a focused approach to monitoring and investigating fraudulent incidents.
• Provide input into strategic group projects through the Head of Control: Internal Audit.
• Manage the team on day-to-day activities, including effective case allocation, progress tracking, and guidance.
• Ensure that ad hoc investigations, especially those involving employees and management, are handled professionally, confidentially, and completed efficiently and timely.
• Monitor identified fraud risks as per the fraud risk register and contribute to updating the register with new risks.
• Review investigation reports to analyze trends and identify emerging risks.
• Manage escalations from the team to resolve challenges that may cause bottlenecks in investigations and reporting.

Proactive fraud management

• Implement detection mechanisms proactively to identify areas susceptible to fraud and mobilize investigation teams accordingly.
• Utilize technology such as data analysis, artificial intelligence, and machine learning to develop fraud monitoring and detection techniques.

Reporting

• Assist the Head of Control with technical reviews and quality assurance of investigations, ensuring high-quality reporting.
• Prepare preliminary departmental reports for submission to various committees as required.
• Represent the Forensic Department in committee meetings with the Head of Control when needed.

Budget management

• Prepare budgets for the forensic department following Finance guidelines, submit for approval, manage monthly expenditures, and report to the Head of Control.

People management

• Manage departmental resourcing.
• Coach, upskill, and manage resources and contractors where applicable.
• Advise management on industry best practices to improve efficiency and effectiveness related to fraud management.

Stakeholder management

• Maintain good relationships with internal and external stakeholders.
• Communicate effectively with management and committees on emerging fraud risks, technologies, data analytics, and predictive analytics, providing solutions where applicable.
• Support the Group’s Ethics Program by providing expert input and participating in program rollout.
• Collaborate with cross-functional teams to implement preventive measures and improve fraud detection mechanisms.
• Share insights from investigations and forensic solutions to keep management informed.