Saturday , September 23 2023

First Rand Vacancies – Fraud Analyst

Website FirstRand

Job Description:

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

Job Responsibilities:

  • 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.
  • Monitor fraud processes to identify possible loopholes and existing practices that support fraud management effectively.
  • 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.
  • Work with business stakeholders to ensure efficient and effective fraud risk solutions for FNB.
  • Analyse existing fraud data using statistics to evaluate fraud occurrences and make recommendations to reduce future incidences through improved prevention and detection measures.
  • Active participation in specialist practice forums to share information and insights across the business.
  • Cultivate and manage objective working relationships with various law enforcement agencies, experts and counterparts in the banking industry.
  • 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.
  • Deliver 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 FNB.
  • Manage personal development to increase own skills and competencies.

Job Requirements:

  • Preferred experience in financial services industry
  • Minimum: NQF 7/Degree
  • Preferred: Degree in relevant field
  • Minimum 3 years experience
  • MS Excel

Job Details:

Company: FirstRand

Vacancy Type:  Full Time

Job Location: Johannesburg

Application Deadline: N/A

Apply Here