Forensic Manager (Centurion) at AVBOB South Africa

Description

• The individual will be responsible for managing the forensic investigation team and performing specific roles in fraud prevention and detection activities; and building a digital forensics capability, with relevant skills and experience in financial services.

Reactive fraud management

• Support the achievement of strategic and business objectives through a focused approach to the monitoring and investigation of fraudulent incidents.
• Provide input into strategic group projects through the Head of Control: Internal Audit
• Manage the team on day to day activities that includes effective case allocation, progress tracking and guidance.
• Ensure that ad hoc investigations and/or investigations which involve employees and management are treated professionally and confidentially, are completed in an efficient, effective and timely manner.
• Monitor identified fraud risks as per the fraud risk register and provide input to update the risk register with identified risks.
• Review investigation reports of the team to analyze trends and identify emerging risk.
• Manage escalations from the team to resolve challenges that may cause bottlenecks in the investigation and reporting process

Proactive fraud management

• Pro-actively implement detection mechanisms to effectively highlight areas susceptible to fraud to mobilize appropriate teams to investigate.
• Use of technology e.g. data analysis, artificial intelligence and machine learning in developing fraud monitoring and detection techniques

Reporting

• Assist the Head of Control with technical reviews and quality assurance of investigations performed by the investigation team and ensuring quality reporting
• Prepare preliminary departmental reports to submit to various committees as required
• Represent the Forensic Department in various committee meetings with the Head of Control when required

Budget management

• Preparing budgets for the forensic department according to the guidelines of the Finance department and submit for approval, manage expenditure monthly and report to the Head of Control

People management

• Departmental resourcing
• Coach/ upskill/ manage resources and contractors (where applicable)
• Provide management with guidance on industry best practice to improve the efficiency and effectiveness of the business and its processes as related to fraud.

Stakeholder management

• Maintain good working relationships with internal and external stakeholders.
• Effective communication (advising and consulting) to management and appropriate committees on fraud risks related to emerging technologies, data and predictive analytics and advise on possible solutions to be implemented.
• Assist with the Group’s Ethics Program by providing expert input taking part in the program roll out.
• Collaborate with cross-functional teams to implement preventive measures and enhance fraud detection mechanisms.
• Offer insights into trends emanating from investigations, and forensic solutions and keep management abreast

Requirements

• Bachelor's degree or equivalent in Forensics, Accounting and Finance, Internal Audit, Business or Law
• Professional qualification: CFE
• Minimum of 10 years forensic/fraud experience
• Applications of digital tools and techniques.
• Minimum 5 years in managing a team

Technical and behavioral competencies:

• Strong understanding of digital forensics and cybersecurity principles
• Excellent research and analytical skills
• Advanced technical report writing
• Excellent verbal communication skills (including presenting to stakeholders)
• Stakeholder management (senior management)
• Advanced knowledge of digital forensics tools and techniques, as well as familiarity with cyber forensics, network security, encryption technologies etc.
• Demonstrated ability to analyze, evaluate and interpret data sets with a strong understanding and application of analytical techniques
• Financial Services industry knowledge
• Comprehensive understanding of regulations, and legal principles relevant to the financial industry, including but not limited to FAIS, Insurance Act, FICA, AML,NCR, POPIA, as well as the Criminal and Civil Procedure Act
• Project and time management
• Fraud Investigations
• Financial Analysis
• Fraud Risk Management
• Fraud Awareness Campaign Management
• Advanced investigation reporting