Fraud Analyst-1

firstrand; Johannesburg; On-site; ZAR 240,000 - 420,000; Full time

Job summary

FirstRand is seeking a Fraud Analytics professional to implement and sustain robust fraud risk management processes across the business in Johannesburg.

You will extract insights from root cause analyses, inform fraud prevention improvements, and deliver risk investigations with clear recommendations.

Qualifications

• Proven experience in fraud analysis or risk management.
• Strong analytical, investigative and stakeholder engagement skills.
• Knowledge of fraud prevention methodologies, legislation, and industry trends.
• 1-3 years' experience in Fraud
• A relevant qualification

Responsibilities

• Implement and sustain fraud risk management processes that enable the business to identify, assess, and mitigate threats to assets, revenue, and operational integrity.
• Extract, share insights, lessons learnt and recommendations from root cause analysis applied in fraud cases to inform further fraud prevention improvements across a wide range of processes and systems, regulation and policies.
• Delivery of preliminary risk investigations and processing of all identified risks by participate in research and development of risk assessments.
• Present ideas via reports and presentations, outlining findings and making recommendations for improvements.
• Propose and implement new and improved models and methodologies by maintaining and developing risk policies and procedures including development of contingency plans to deal with emergencies.

Skills

Analytical skills

Investigative skills

Stakeholder engagement

Fraud knowledge

Education

Relevant qualification

Job description

Job Description

Implement and sustain robust fraud risk management processes that enable the business to identify, assess, and mitigate threats to assets, revenue, and operational integrity. Work with business stakeholders to ensure efficient and effective fraud risk solutions.

Extract, share insights, lessons learnt and recommendations from root cause analysis applied in fraud cases to inform further fraud prevention improvements across a wide range of processes and systems, regulation and policies.

Delivery of preliminary risk investigations and processing of all identified risks by participate in research and development of risk assessments.

Present ideas via reports and presentations, outlining findings and making recommendations for improvements.

Propose and implement new and improved models and methodologies by maintaining and developing risk policies and procedures including development of contingency plans to deal with emergencies.

Conduct fraud analysis activities in line with applicable laws, policies and procedures stipulated in the business.

Manage personal development to increase own skills and competencies.

Maintain expert knowledge on relevant legislative amendments, industry best practice and provision of proactive advice and solutions to relevant stakeholders.

Compile and communicate accurate and timely fraud analytics function reports to and keep key stakeholders informed of required fraud information including updating relevant information systems accessed by the fraud community.

Be involved with implementing and managing risk mitigation programs as directed from time to time by management.

Ensure policies and procedures meet the business and risk requirements.

Deliver exceptional service that exceeds customers' expectations through proactive, innovative and appropriate solutions.

Qualification and Experience

Proven experience in fraud analysis or risk management.

Strong analytical, investigative and stakeholder engagement skills.

Knowledge of fraud prevention methodologies, legislation, and industry trends.

1-3 years' experience in Fraud

A relevant qualification

Important Closing Date Note

Take note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below.

07/09/26

All appointments will be made in line with FirstRand Group's Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.