Pro-active Fraud & Corruption analyst at Nedbank

Job Description

• To reduce the impact of fraud by assessing control adequacy and efficacy of the current and future operational environment and recommend mitigates across Nedbank group.

Job Responsibilities

• Contain existing and potential fraud losses.
• Ensure risk mitigation actions are implemented and provide fraud risk insight.
• Ensure client needs are met and act as advisor to stakeholders.
• Collectively recommend appropriate mitigation actions and communicate trends to clients and investigators.
• Provide information on business initiatives in preparation of future fraud investigations.
• Contribute to a culture of transformation goals by participating in Nedbank culture building initiatives, business strategy and CSI.
• Influence the enhancement of business processes and methodologies.
• Identify fraud risk and consult with stakeholders to take corrective action.
• Amend policies and procedures that result in reduced fraud impact and provide professional input and advice on appropriate risk mitigation actions.
• Ensure appropriate action is taken to mitigate fraud impact within operational risk appetite.
• Create leads for internal stakeholders.
• Reduce fraud impact and ensure fraud risk is highlighted and source documentation for processes updated.
• Review and analyse processes, improving business results, reducing fraud losses and provide guidance on fraud trends.
• Ensure project delivery results within parameters.
• Reduce fraud losses and assist stakeholders in implementing fraud risk management processes.
• Improve personal capability and stay abreast of developments in field of expertise.
• Ensure personal growth and application of new competence to enable effectiveness in performance of roles and responsibilities.
• Ensure up skilling and effective handover to relevant responsible person.
• Obtain buy-in for developing new and/or enhanced processes that will improve the functioning of stakeholders' businesses.

Essential Qualifications - NQF Level

• Advanced Diplomas/National 1st Degrees

Preferred Qualification

• Bachelor of Commerce: Risk Management
• Diploma: Criminal Justice and Forensic Auditing
• Forensic Auditing

Preferred Certifications

• Certified Fraud Examiner - preferred not essential,  Institute for Commercial Forensic Practitioners (ICFP)
• Minimum Experience Level
• 5 years experience in a forensic and/or risk management/advisory role in a banking or financial services environment
• Experience in the forensics domain preferably

Technical / Professional Knowledge
Creative problem-solving
Understanding current fraud schemes
Attention to detail & highly analytical
Investigation skills
Gather, analyse & report information
Digitally literate across various commonly used software & systems used in Nedbank
Identify issues accurately & quickly
Excellent oral & written communication
Understanding of all Nedbank policies & legislation
Identify patterns & possible fraudulent activity
Navigate & understand a variety of public tools e.g. social media to identify relevant information.
Understanding of Nedbank organisational functions & processes in to identify actions outside the ‘norm’
Compile & understand large data sets
Inform fraud detection rules
Good financial skills