Fraud Analyst

Job Description

A 12-month fixed-term contract, the successful candidate will be responsible for implementing and maintaining fraud risk management processes to identify, assess and mitigate fraud threats, protecting the organisation's assets, revenue, and operational integrity.

• Active participation in specialist practice forums to share information and insights across the business.
• Cultivate and manage objective working relationships with various law enforcement agencies, experts and counterparts in the banking industry.
• Work with business stakeholders to ensure efficient and effective fraud risk solutions.
• Analyse existing fraud data using statistics to evaluate fraud occurrences and make recommendations to reduce future incidences through improved prevention and detection measures.
• Extract, share insights, lessons learnt and recommendations from root cause analysis applied in fraud cases to inform further fraud prevention improvements across a wide range of processes and systems, regulation and policies.
• Monitor fraud processes to identify possible loopholes and existing practices that support fraud management effectively.
• Delivery of preliminary risk investigations and processing of all identified risks by participate in research and development of risk assessments.
• Conduct fraud analysis activities in line with applicable laws, policies and procedures stipulated in the business.
• Manage personal development to increase own skills and competencies.
• Maintain expert knowledge on relevant legislative amendments, industry best practice and provision of proactive advice and solutions to relevant stakeholders.
• Compile and communicate accurate and timely fraud analytics function reports to and keep key stakeholders informed of required fraud information including updating relevant information systems accessed by the fraud community.
• Be involved with implementing and managing risk mitigation programs as directed from time to time by management.
• Deliver exceptional service that exceeds customers' expectations through proactive, innovative and appropriate solutions.

Qualification and Experience

• Strong analytical, investigative and stakeholder engagement skills.
• Knowledge of fraud prevention methodologies, legislation, and industry trends.
• A relevant qualification; NQF 5

End Date: August 31, 2026