Digital Fraud Subject Matter Expert at Absa South Africa

Job Summary

Our CIB Fraud team strives to identify fraud risks and emerging threats while keeping up with the fast paced and digital world within the payments landscape. Our main focus is to ensure that our clients are guarded against fraud threats while growing their businesses to greater heights. Use your Digital Fraud expertise to join our team as a Digital Fraud Subject Matter Expert in a role where you will ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise Wide Risk Management Framework, Policies and Standards. The role also entails ensuring that new and existing digital platforms are designed securely and that it meets existing best practise requirements. This includes testing of digital capabilities for weaknesses and controls which address common vulnerabilities and exposures.

Key Accountabilities

Job Description

• Ensure delivery on fraud prevention and detection strategies across Absa CIB with a focus on digital.
• Work with the Head of Payments Fraud and Product Heads and other key stakeholders to implement and deliver digital strategies that are commercial and support business aspirations (e.g. balance fraud losses with customer experience).
• Ensure the digital fraud strategies deliver results within the expected forecasted levels.
• Assist in the development of digital strategies to combat emerging risks across the Group.
• Identify and share fraud best practice across all businesses to improve the fraud management capability and drive consistency across Absa CIB.
• Manage compliance with the fraud risk and control framework across Absa CIB.
• Work with businesses to ensure a commercial approach to risk and control is achieved across Absa CIB.
• Drive the fraud risk assessment for new and amended digital products
• Analyse the effectiveness and remediate, where necessary, the risk and control process and systems in use.
• Ensure that fraud processes, control requirements and risk management frameworks are documented and understood by all relevant stakeholders.
• Ensure correct flow of communication to key stakeholders to ensure issuing fraud risks are highlighted and then mitigated across the control framework.
• Engage proactively with key stakeholders across Group.
• Contribute to effective stakeholder management in relation to digital products.
• Work collaboratively with Group functions.
• Present and communicate results to Senior Management in Client Services and Digital Channel, Absa CIB.
• Assist in providing and facilitating digital fraud subject matter expertise across Absa CIB.

Education And Experience Required

• BSc Computer Science Degree or
• GIAC Certified Forensic Examiner
• ACFE Certification
• Data Science
• 6 - 8 years in Financial Services or related industry
• 6 - 8 years in specialising in digital or payments fraud
• Deep knowledge of e-commerce fraud prevention tools

Education

• Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)