Fraud Investigator

Wms Secure; Johannesburg; On-site; ZAR 300,000 - 420,000; Full time

Job summary

A leading company in financial services is seeking a fraud analyst to monitor real-time transactions, identify fraudulent activity, and generate reports for management. The ideal candidate will have a degree/diploma and at least 2 years' experience in data analysis, with strong problem-solving skills and attention to detail.

Qualifications

• Minimum 2 years’ experience in financial services and risk management.
• Knowledge of online payment systems and regulations.
• Expertise in managing multiple projects and delivering on time.

Responsibilities

• Monitor real time engines and identify high risk transactions.
• Cancel fraudulent transactions and resolve customer issues.
• Generate suspicious activity and risk management reports.

Skills

Familiarity with fraud prevention issues

Data analysis

KYC understanding

Strong communication skills

Attention to detail

Ability to manage multiple projects

Ability to adapt to changing environments

Education

Degree or Diploma

Tools

Microsoft Office Suite

Job description

As part of your role, your responsibilities will include :

• Monitor real time engines and queues and identify high risk transactions within the businessportfolio.
• Observe customer transactions to identify fraudulent activity such as account takeover, friendlyfraud, theft and similar other risks.
• Identify fraudulent transactions and cancel them from further processing.
• Resolve queued transactions within the service level agreements to reduce potential revenuelosses.
• Interact with banks and customers to validate information and to confirm or cancel authorizations.
• Resolve customer issues within the scope of existing service level agreements.
• Monitor constantly customer and transactional records to identify unauthorized transactions and fraudulent accounts.
• Maintain fraud analysis models to improve efficiency and effectiveness of company systems.
• Ensure confidentiality of all information collected during investigation.
• Determine existing fraud trends by analysing accounts and transaction patterns.
• Identify system improvements to prevent fraudulent activities.
• Recommend anti-fraud processes for changing transaction patterns and trends.
• Recommend new software tools used for fraud detection, prevention and reporting activities.
• Generate suspicious activity reports and risk management reports for Managers.
• Review SDD KYC for account deemed high risk.
• Ensure accurate and appropriate responses to disputes.
• Monitor disputed transactions for possible fraudulent activity.
• Serve customers by resolving product and service problem
• Reviewing of customer withdrawals and identifying suspicious patterns, trends or behaviors and taking the necessary action to secure the account.
• We applicable, logging of the necessary Suspicious Transaction Reporting or Suspicious

Activity Reporting to the relevant stakeholders.

This job description is not intended to be an exhaustive list of responsibilities. You may be

required to complete other reasonable duties in order to achieve business objectives.

Essential skills you’ll bring to the table

The necessary skills that we require for this role include :

• Familiarity with fraud prevention issues and suspicious transaction monitoringsystems
• Minimum 2 years’ experience in a financial services data analysis and / or risk management
• Knowledge of online payment systems, regulations, understanding of KYC and
• Degree or Diploma
• Strong verbal and written communication skills, with the ability to convey complex ideasclearly and effectively
• Experience working collaboratively in cross-functional teams, with a focus on achievingshared goals
• Expertise in managing multiple projects simultaneously, with a track record of

delivering on time and within scope

• Exceptional attention to detail, ensuring high standards of quality in all outputs
• Ability to adapt quickly to changing environments and priorities, maintaining effectivenessin dynamic situations

Desirable skills you’ve got up your sleeve

It would be great if you also have some of the following skills :

• In-depth knowledge of sports betting markets, including odds calculation, betting types

and market trends

• Previous experience in the online gaming or casino industry, with a strong understanding of player behavior and industry regulations
• Familiarity with gambling regulations and compliance requirements in various jurisdictions, ensuring adherence to legal standards
• Computer literacy and proficiency in Microsoft Office Suite (Word, Excel, Project, PowerPoint)
• Ability to use pivot tables and work with an advanced statistical database and statisticalmethods and functions

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