Jobs Career Advice Signup
X

Send this job to a friend

X

Did you notice an error or suspect this job is scam? Tell us.

  • Posted: Feb 14, 2020
    Deadline: Not specified
    • @gmail.com
    • @yahoo.com
    • @outlook.com
  • Never pay for any CBT, test or assessment as part of any recruitment process. When in doubt, contact us

    Momentum is a trusted partner on your journey to financial wellness. We guide you by offering leading advice, products and services. We are committed to helping you fulfill your lifelong financial needs, by providing relevant and unique solutions to suit your budget and individual circumstances. It is our aim to build and maintain enduring relationships by p...
    Read more about this company

     

    Head: Fraud Risk Management

    INTRODUCTION

    Momentum Health Solutions, an entity of Momentum Metropolitan Holdings Limited delivers sustainable, integrated health solutions that meet the needs of clients in the different segments and maximise lifetime client value. We build and maintain a culture of innovation, and create value through unique insights of how to achieve specific outcomes by using a defined set of Health capabilities.

    This vacancy is based at our Bellville, Cape Town Offices.

    WHAT'S THIS ROLE ABOUT

    An opportunity exists for a dynamic, focused individual to lead and manage the Fraud Risk Management team with a focus on Fraud Prevention, Detection and Resolution. Assist the organisation to accomplish its objectives by bringing a systematic and disciplined approach to evaluate and improve the effectiveness of fraud risk management. Primarily responsible for driving the interaction with providers at a strategic level. This person will drive fraud mitigation initiatives across the entire business.

    THE WORK YOU NEED TO DELIVER

    • Managing the direction and lead on improving the effectiveness of fraud risk management within Metropolitan Health
    • Developing programmes to improve controls and compliance and ensuring our management teams manage fraud risks within the business effectively
    • Developing robust fraud prevention and investigation activities to reduce the threats of employee, contract and client fraud.
    • Responsible for ensuring the decline of related abuse through having visible deterrent, prevention and detection routines
    • Strategic direction and management of contract compliance to ensure that the company properly interprets the requirements of its contracts both at contract commencement and during any variations, ensuring the development, implementation and adherence of robust internal compliance processes and procedures to meet these requirements and prevent major fraud or contract non-compliance
    • Providing real-time support to management when developing and implementing new processes
    • Leading, managing and developing the fraud risk team ensuring the appropriate capability and resources to achieve business objectives
    • Accountable to communicate investigation results and on a company wide basis to the CEO and other senior leaders of the business.
    • Delivery of fraud risk management activity to the highest of ethical and professional standards.
    • Working jointly with the Business in developing recommendations and plans for remediation.
    • Implementing a strategy of innovation, development and continuous improvement for the function
    • Champion the development, definition and communication of an enterprise-wide Fraud Risk Management Strategy
    • Leading the redefinition, approval and communication of current Anti-Fraud Policy (Fraud Risk Policy), to include definitions of fraud risk, communicate executive and senior management oversight, organisational structures and identifying and assigning specific Fraud Risk Management responsibilities in relation to:
    • Defining Fraud Risk Appetite & Framework
    • Identifying, analysing and assessing Fraud Risks
    • Identification and implementation of cost effective fraud deterrent, prevention, detection, response (investigation and remediation), mechanisms and controls
    • Ensuring that Fraud Risk Framework and policies satisfy and exceed all appropriate location regulatory requirements in relation to Fraud Risk Management.
    • Leading and promoting an enterprise culture of Fraud Risk awareness and training
    • Supporting Whistle-blowing and sound ethical culture which will in turn support Fraud Risk Management framework
    • Building and continually developing close relationships with Business Unit counterparts for Fraud Risk Management.
    • Providing appropriate and regular assurance reporting and awareness of new trends in relation to Fraud Risk to all stakeholders
    • Ensuring coordination of appropriate Fraud Investigation activities through agreed structures to ensure appropriate and timely initial responses to Fraud incidents / events and longer term remediation efforts to reduce likelihood / impact by ensuring the implementation of relevant control / process enhancements.
    • Actively participate in selection of systems / tools used for Fraud Risk Management, ensuring enterprise requirements are met and support enterprise framework and policy

    WHAT COMPETENCIES YOU'LL REQUIRE

    • Business Acumen
    • Client Commitment
    • Drive For Results
    • Leads Change And Innovation
    • Collaboration
    • Impact and Influence
    • Self-Awareness and Insight
    • Diversity and Inclusiveness
    • Problem Solving

    EXPERIENCE AND QUALIFICATIONS

    • Honours degree in Finance, Business, Economics and or Risk Management (Bachelor of Commerce, Bachelor of Accounting Science, LLB (Admitted attorney, etc.) and/or MBCHB.
    • Certified Fraud Examiners qualification.
    • Minimum of 10 years’ experience within the Fraud Risk Management arena with at least eight years senior leadership experience in Finance, Legal and/or Risk Compliance.
    • Experience in leading large, complex projects with business wide impact.
    • Experience in the financial services sector, from a compliance perspective.
    • Excellent track record within Compliance, Risk, Finance and/or Regulatory Management.
    • Proven track record of delivering useful and relevant risk information to board committee levels.
    • Exposure to significant compliance obligations and programmes with solid experience of developing risk management capability within an organisation.
    • Excellent understanding of internal control frameworks as well as internal and or external auditing.
    • Good working knowledge of technology systems, e-Commerce, Online/Electronic Payments, Accounting/Finance analytical skills with proven ability to identify and develop solutions to improve fraud stabilisation, reduction and avoidance.

    ADDITIONAL INFORMATION

    Note that we reserve a right not to fill this vacancy. Should you not be contacted within two weeks, please consider your application unsuccessful.

    Method of Application

    Interested and qualified? Go to Momentum on www.linkedin.com to apply

    Build your CV for free. Download in different templates.

  • Send your application

    View All Vacancies at Momentum Back To Home

Subscribe to Job Alert

 

Join our happy subscribers

 
 
Send your application through

GmailGmail YahoomailYahoomail