SPECIALIST: FRAUD RISK MANAGEMENT

A company based in Pretoria has a position for a Specialist : Fraud Risk Management

The candidate MUST highlight extensive experience in conducting behavioral analysis (lifestyle audits).

Purpose of the Job: Reporting to the Senior Manager: Fraud Prevention and Deterrence, the

successful incumbent is responsible for implementing the fraud risk management program. The

incumbent will be responsible for conducting fraud risk assessments, behavioral analysis

(inclusive of lifestyle audits), specialized fraud training and awareness, developing the

organisation fraud risk index as well as analysing fraud trends.

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 employees 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 behavioral analysis (lifestyle audits).