Financial Crime Specialist - JHB at Bidvest Bank

Primary Purpose

• Analyzing, Investigating and Reporting on financial crime within Bidvest Bank

Duties and Responsibilities Includes but not limited to:

OPERATIONAL EXCELLENCE

Risk Management

• Preliminary preparation of presentations (PowerPoint etc)
• Draft for review and present Executive Summary and Factual Finding on systems and report feedback to management
• Implement and maintain forensic investigation standards
• Understanding FISD system requirements and maintenance thereof
• Obtain documentary information related to administration system

DATA MANAGEMENT

Data management

• Data analytics
• Report writing
• Updating fraud reports
• Reporting of fraud trends to SABRIC
• Analyzing industry data and report on trends that effect the Bank
• Checking account opening documents analyzing for fraud

CUSTOMER CENTRICITY

Support and drive the execution of the FCU

• Assisting with queries
• Provide and track recommendations for actions to reduce the client risks identified during the review
• Evaluation and decisioning of customer information, negative news and complex financial activity
• Work directly with customers who have concerns about financial crime or have questions about transactions.
• Work with the business to define data required to address

FINANCIAL MANAGEMENT

Identify and implement cost saving opportunities

• Prevent and reduce financial losses by ensuring optimal adherence to processes and procedures

STAKEHOLDER MANAGEMENT

• Provide advisory services through partnership with all relevant stakeholders (internal and external)
• Assisting with Fraud related queries
• Provide and track recommendations for actions to reduce the client risks identified during the review
• evaluation and decisioning of customer information, negative news and complex financial activity
• Work directly with customers who have concerns about financial crime

REPORTING

Perform different analytics to assist with business impact.

• Gather, Collate, analyse data, evaluate, and disseminate information to be actioned to aid in the reduction, identifying and addressing current threats, trends, subjects and activities of financial crime

• Consult with internal clients when necessary for views and assistance on reports and products to be compiled
• Analyse trends observed, identify discrepancies in reports and provide solution
• Updating fraud reports

LEARNING AND GROWTH

Drive a continuous learning culture which focuses on innovation and value adding solutions in line with best practice.

• Conduct fraud related training and awareness interventions for the Bank.
• Stay abreast of regulatory changes and communicate such information to all stakeholders

Minimum Requirements

Experience

• Minimum of three years’ experience in combatting bank related crimes and applying risk mitigation strategies
• Criminal Justice & Forensic investigations
• Information gathering and analytical skills

Qualification

• Diploma (Forensic Investigation, Law, Crime Analysis, Criminology)
• CFE (Ideal)