Lending Fraud Strategy Lead

Absa Group; Sandton; On-site; ZAR 800 000 - 1 200 000; Full time

Job summary

A leading African bank in Sandton seeks a Fraud Risk Strategy Leader to drive the development and execution of fraud risk frameworks across all lending products. This role demands over 10 years of experience in Fraud Risk Management or Credit Risk, particularly within banking. The ideal candidate will possess a Bachelor’s degree, deep knowledge of lending processes, and advanced skills in fraud detection. The position emphasizes strategic leadership, regulatory compliance, and team management for effective fraud risk mitigation.

Qualifications

• 10+ years’ experience in Fraud Risk Management or Credit Risk, with significant exposure to lending products.
• Proven track record in designing and executing fraud prevention strategies for business banking lending.
• Deep understanding of lending processes and associated fraud typologies.

Responsibilities

• Lead the strategic development of the Fraud Risk Strategy across all lending products.
• Design and implement fraud prevention frameworks for Business Banking lending.
• Manage escalations and support during regulatory or audit reviews.

Skills

Commercial Mindset

Strategic Leadership

Technical Expertise

Analytical Thinking

Stakeholder Influence

Innovation & Change Leadership

Education

Bachelor’s degree in Risk Management, Finance, Accounting, Economics, Statistics or related discipline

CFE (Certified Fraud Examiner)

Tools

Fraud detection systems (e.g., Instinct, Falcon)

Job description

A leading African bank in Sandton seeks a Fraud Risk Strategy Leader to drive the development and execution of fraud risk frameworks across all lending products. This role demands over 10 years of experience in Fraud Risk Management or Credit Risk, particularly within banking. The ideal candidate will possess a Bachelor’s degree, deep knowledge of lending processes, and advanced skills in fraud detection. The position emphasizes strategic leadership, regulatory compliance, and team management for effective fraud risk mitigation.