Fraud Solutions Controls and Governance Analyst at Absa South Africa

Job Summary

• To design, implement, and monitor governance frameworks, policies, and controls to ensure compliance with regulatory requirements and mitigate operational, financial, and reputational risks within Fraud Solutions.

Job Description

• Actively participate in all of the audit phases - planning and scoping (identification of risks and controls), fieldwork (execution of design and operating effectiveness assessments) and reporting (ensure audit observations and planned actions are agreed with management for factual accuracy).
• Ensure that delivery adheres to the Fraud Solutions Assurance Methodology, Absa Governance Framework and quality standards.
• Provide timely feedback to the Head of Fraud Controls and Governance, functional heads, and fraud assurance team members with progress on identified issues and observations raised.
• Support the development and implementation of data analytics driven business-monitoring programmes to support the Fraud Solutions Assurance and Fraud Loss team.
• Develop, implement, and oversee governance policies and procedures.
• Ensure alignment with regulatory standards, internal policies, and industry best practices.
• Identify, assess, and manage risks associated with Fraud Solutions operations and regulatory obligations.
• Lead internal and external audit preparations and implement recommendations.
• Conduct regular reviews and testing of controls to identify weaknesses or gaps.
• Prepare and present regular governance and risk reports to senior management and relevant stakeholders.
• Maintain documentation related to policies, incidents, and audits.
• Provide guidance and training to staff on governance, controls, and compliance matters.
• Collaborate with internal departments, including Risk, Compliance, and Operations, to strengthen the control environment.
• Develop and maintain business continuity and crisis management plans.

Qualifications

• Bachelor's Degree: Business, Commerce , Risk Management or related fields (NQF 7 and above) 

Experience 

• 3- 5 years working in a Fraud and Risk Environment
• Experience in the financial industry will be advantageous

Education

• Bachelor`s Degrees and Advanced Diplomas: Law, Military Science and Security (Required)