Fraud & Risk Specialist

Winning Form; Durban; On-site; ZAR 550,000 - 850,000; Full time

Job summary

Hollywoodbets is a sports and entertainment betting operator born in Durban, South Africa. We offer a challenging Fraud and Risk Specialist role within the Purple Team, focusing on detecting fraud, managing risk, and ensuring regulatory compliance.

You will monitor transactions, lead investigations, and develop controls across sportsbook and casino operations while collaborating with IT, Compliance and Operations.

Qualifications

• 3-5 years’ experience in fraud detection, risk management, or compliance (preferably in gambling, financial services, or fintech).
• Knowledge of South African gambling regulations and AML/CTF legislation.
• Experience with fraud detection software, data analytics tools, or case management systems.

Responsibilities

• Monitor customer transactions for suspicious betting patterns, chargebacks, and identity theft.
• Use fraud detection tools, data analytics, and manual investigation to identify irregular activity.
• Block or restrict accounts where fraudulent activity is suspected.
• Develop and refine fraud detection rules, alerts, and monitoring processes.
• Conduct ongoing risk assessments across sportsbook and casino operations.
• Recommend and implement controls to reduce fraud exposure and operational risks.
• Collaborate with IT, Compliance, and Operations teams to strengthen risk frameworks.
• Produce detailed risk reports with key fraud trends and mitigation strategies.
• Lead investigations into fraudulent cases, collating evidence for internal decision-making or law enforcement.
• Prepare reports for senior management and regulatory bodies (e.g., FSCA, NGB, FIC).
• Maintain accurate records of fraud cases, resolutions, and lessons learned.
• Ensure compliance with South African gambling regulations (NGB, provincial gambling boards, FIC Act, POCA, etc.).
• Work with the Compliance team to align fraud strategies with licensing and legal requirements.
• Provide fraud training and awareness to frontline teams.
• Work with payment providers, banks, and external partners to resolve fraud-related issues.
• Assist customer support in resolving disputes involving fraud-related complaints.
• Reduction in fraudulent transactions and financial losses.
• Timeliness and accuracy of fraud investigations.
• Compliance with regulatory and audit requirements.
• Effective collaboration with internal teams and external partners.
• Continuous improvement of fraud prevention strategies.
• Ability to handle sensitive information with discretion.

Job description

Key Roles

Trending

Responsibilities

Being a part of the Hollywoodbets Purple Team is an opportunity to become a part of one of South Africa’s biggest success stories. From humble beginnings in Durban, Hollywoodbets has grown into a powerhouse brand operating across Africa and the United Kingdom. And that’s just the beginning. Our talented Team is on a mission to increase our global footprint, ready to take on any challenge because at Hollywoodbets, not even the sky is the limit. Join our Team and let’s reach for the stars.

We have an amazing opportunity for a Fraud and Risk Specialist. Do you think you have what it takes to be our newest Purple Star?

With Hollywoodbets You Will:

Innovate and createas part of a like-minded, authentic Team eager to achieve goals.

Embrace challenges and the thrill of working in a vibrant and fast-paced industry.

Grow with our development plans and culture that allows you to further your career.

You Bring:

• 3-5 years’ experience in fraud detection, risk management, or compliance (preferably in gambling, financial services, or fintech).
• Knowledge of South African gambling regulations and AML/CTF legislation.
• Experience with fraud detection software, data analytics tools, or case management systems.

A Bonus To Have:

• Bachelor’s Degree in Risk Management, Finance, Forensics, or related field

What You’ll Do For The Brand:

• Monitor customer transactions for suspicious betting patterns, chargebacks, and identity theft.
• Use fraud detection tools, data analytics, and manual investigation to identify irregular activity.
• Block or restrict accounts where fraudulent activity is suspected.
• Develop and refine fraud detection rules, alerts, and monitoring processes.
• Conduct ongoing risk assessments across sportsbook and casino operations.
• Recommend and implement controls to reduce fraud exposure and operational risks.
• Collaborate with IT, Compliance, and Operations teams to strengthen risk frameworks.
• Produce detailed risk reports with key fraud trends and mitigation strategies.

Investigations & Reporting:

• Lead investigations into fraudulent cases, collating evidence for internal decision-making or law enforcement.
• Prepare reports for senior management and regulatory bodies (e.g., FSCA, NGB, FIC).
• Maintain accurate records of fraud cases, resolutions, and lessons learned.

Compliance & Regulation:

• Ensure compliance with South African gambling regulations (NGB, provincial gambling boards, FIC Act, POCA, etc.).
• Work with the Compliance team to align fraud strategies with licensing and legal requirements.

Stakeholder Engagement:

• Provide fraud training and awareness to frontline teams.
• Work with payment providers, banks, and external partners to resolve fraud-related issues.
• Assist customer support in resolving disputes involving fraud-related complaints.

Performance Metrics:

• Reduction in fraudulent transactions and financial losses.
• Timeliness and accuracy of fraud investigations.
• Compliance with regulatory and audit requirements.
• Effective collaboration with internal teams and external partners.
• Continuous improvement of fraud prevention strategies.
• Ability to handle sensitive information with discretion.

Skills:

• Fraud detection and investigation
• Risk assessment and mitigation
• Regulatory compliance
• Analytical thinking
• Communication and reporting
• Collaboration and stakeholder management
• Attention to detail and discretion
• Technical proficiency (e.g., fraud detection tools, Excel, SQL, BI tools)

What You’ll Bring To The Team:

• Demonstrate good analytical skills.
• Portray strong attention to detail.
• Ability to communicate effectively.
• Understanding of betting procedures and processes.

So, are you ready to level up, learn, and perform at your best?

Please be advised that should you not be contacted within 30 days, kindly consider your application

About Us

Hollywoodbets is a sports and entertainment betting operator that was born and bred in Durban, South Africa. Whether you’re in one of our upmarket retail branches or online, our customers can conveniently place bets in style anytime, anywhere.
We’re proud to partner with local and international legends, from the Hollywoodbets Sharks and Brentford FC to iconic events like the Hollywoodbets Durban July. Being part of our Purple Team means being part of something bigger.
At Hollywoodbets, every day is a chance to learn, grow, and make an impact. We move fast, think big, and work together to turn bold ideas into reality. With passion, creativity, and a shared purpose, we bring our Purple Spirit to everything we do.
The opportunities here are endless. If you’re driven, curious, agile and ready to level up, there’s no limit to how far you can go with the Purple Team!

Job Info

• Job Identification 531
• Job Category Operations
• Posting Date 08/27/2026, 11:51 AM
• Locations 6, Durban, KwaZulu-Natal, 4320, ZA (On-site)
• Apply Before 08/27/2026, 11:52 AM
• Job Schedule Full time
• Roster No