Investigator - PI&W at Absa Group Limited (Absa)

Job Summary

• To provide advice and support in practice formulation and associated best practice improvement tactics; enabling the provision of specialist forensic expertise.

Job Description

Stakeholder Management:

• To provide effective and timeous management of all legal and or recovery case referrals/queries by providing sound advices and opinions and drafting proper documents with oversight by Group Litigation.
• Establish and implement recovery process optimisation by reviewing current processes, identifying gaps and recommending action to close these gaps.
• Formulate and implement a stakeholder engagement plan to be reviewed annually to ensure value added service delivery.
• Implementation of a reliable Recovery Threshold that is applicable to SA and RoA Forensics i.e. Top 10 Recoverable Gross Losses and 50% of the Total Value Gross Fraud Losses as a fall back

Process Management:

• Develop a Recovery Strategy to maximise recoveries and minimise losses within the Absa Africa United countries that make up AGL.
• Improving or implementing procedures to improve recovery and or operational processes to make the reporting of financial impact more efficient.
• Establishment of a Recovery Portfolio, through the effective management and tracking of recovery actions of the Top 10 Gross Value Frauds month on month, to minimize losses and maximize recoveries on fraud losses.

People Management:

• Build a support relationship with Investigators and relevant business stakeholders and provide guidance on legal, recovery and financial impact queries.
• Holding a Recovery Steerco with relevant stakeholders to cohesively manage and drive recoveries and obtain monthly updates via the Recovery Tracker and Action Log.
• Meet with key business stakeholders in Africa to gain an understanding of the legislative landscape and leverage on expertise in country.

Financial:

• Present monthly Recovery Dashboard/Deck to Manco and Forensics which focuses on recoveries on the Top 10 Gross Losses MOM.
• Identification of the Top 10 Gross Losses via CIES reporting, the evaluation of the events from a recoveries perspective at a Recovery Meeting by the Recovery Team, and the cohesive management and driving of recovery actions at the Recoveries or Work Group Steerco by updating the Recovery Tracker and Action Log.
• Enhancing financial impact on CIES and providing training when required do so.

Education

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