Fraud Analyst

Rmb Nigeria Limited; Gauteng; On-site; ZAR 30 000 - 60 000; Full time

Job summary

An established industry player is seeking a dedicated fraud risk management professional to enhance their fraud prevention strategies. In this role, you will analyze fraud incidents, collaborate with law enforcement, and develop innovative risk solutions. Your insights will be crucial in shaping effective fraud management processes and ensuring compliance with regulations. This is an exciting opportunity to contribute to a dynamic team while advancing your career in a supportive environment that values diversity and inclusion.

Qualifications

• Experience in fraud risk management processes and data analysis.
• Strong communication skills for stakeholder engagement.

Responsibilities

• Analyze fraud data to evaluate occurrences and recommend prevention measures.
• Cultivate relationships with law enforcement and industry counterparts.

Skills

Fraud Risk Management

Data Analysis

Stakeholder Management

Communication Skills

Job description

Job Description

To execute fraud risk management processes to guide and assist the business in identifying and analyzing risk incidents threatening assets, earning capacity, and success.

Responsibilities include:

1. Active participation in specialist practice forums to share information and insights across the business.
2. Cultivate and manage objective working relationships with law enforcement agencies, experts, and banking industry counterparts.
3. Work with business stakeholders to ensure efficient and effective fraud risk solutions.
4. Analyze existing fraud data using statistics to evaluate fraud occurrences and recommend measures to reduce future incidents through improved prevention and detection.
5. Extract, share insights, lessons learned, and recommendations from root cause analysis of fraud cases to inform prevention strategies across processes, systems, regulations, and policies.
6. Monitor fraud processes to identify loopholes and practices that support effective fraud management.
7. Participate in research and development of risk assessments, including preliminary investigations and risk processing.
8. Present findings and recommendations through reports and presentations.
9. Propose and develop new models and methodologies, maintaining and updating risk policies and procedures, including contingency plans for emergencies.
10. Conduct fraud analysis activities in compliance with applicable laws, policies, and procedures.
11. Manage personal development to enhance skills and competencies.
12. Maintain knowledge of legislative changes, industry best practices, and provide proactive advice to stakeholders.
13. Compile and communicate fraud analytics reports to key stakeholders, ensuring timely and accurate information sharing.
14. Assist in implementing and managing risk mitigation programs as directed by management.
15. Ensure policies and procedures meet business and risk requirements.
16. Deliver exceptional customer service through proactive, innovative, and appropriate solutions.

Job Details

Note: Applications will not be accepted after May 13. Please submit your application before the deadline. All appointments will align with FirstRand Group's Employment Equity plan.

The Bank supports the recruitment and advancement of individuals with disabilities. Candidates may voluntarily disclose disability information, which will be kept confidential unless legally required to disclose.