Specialist: Fraud Risk Management at Road Accident Fund

Job Posting End Date:  14 Jul 2026

Key Performance Areas 

Fraud Risk Assessment

• Conduct comprehensive fraud risk assessments.
• Identify risks by analysing data, observing processes, and engaging with personnel.
• Facilitate the identification and assessment of fraud risks, ensuring that risk registers and mitigation action plans are updated and monitored for effective implementation.
• Develop fraud risk indicators. 

Fraud Prevention

• Design and implement fraud prevention programs tailored to organisational needs.
• Develop clear guidelines on how to address controls deficiency.
• Develop and promote clear lines of reporting fraud.
• Conduct fraud risk training and awareness. 

Behavioural Analysis

• Perform fraud control environment assessments.
• Develop employee risk profiles and key risk indicators to monitor behavioural patterns.

Policy Review and Implementation

• Develop, review and implement departmental policies and procedures and processes.
• Keep up to date with effective policy and practice execution strategies.
• Conduct gap analysis reviews to identify areas for improvement. 

Reporting

• Analyse historical fraud data for patterns and trends.
• Prepare and submit regular and periodic reports to provide progress updates and/or inform decisions.
• Develop functional reporting systems for management, project, or performance reporting.
• Prepare reports for EXCO, RGAL and the Board.

Stakeholder Management

• Collaborate with assurance providers to identify and report on fraud risks.
• Facilitate and manage communication with relevant internal and external stakeholders and proactively and progressively manage the relationships.
• Communicate with all levels of stakeholder contact.

Qualifications and Experience

• Bachelor’s Degree/ Advanced Diploma in Commerce (BCom Accounting/ Internal Audit/ Financial Management/ Risk Management/ BCom Law/ Forensic Accounting/ Economics/ Information Systems), Forensic Science or LLB.
• Certified Fraud Examiner (CFE) or Forensic Practitioner (ICFP).
• Certified Risk Management Practitioner (CRM) will be an added advantage.
• Valid code EB driver’s license.
• Relevant 5 - 7 years’ experience in a Fraud Risk Management environment (specific experience in performing fraud risk assessments and implementing fraud risk management practices).
• Demonstrate experience in conducting behavioural analysis (lifestyle audits).