Job Description

Empowering Africas tomorrow, togetherxe2x80xa6one story at a time.
With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.
Job Summary Define, Design, implement and monitor proactive fraud prevention and detection measures for all employees, across the lifecycle of the employee within Absa across Relationship Banking, Everyday Banking and Product Solutions segments.
Ensure internal fraud risk is minimised during development of new products, systems and processes and are minimized across the Absa Retail and Business Banking environments on a proactive basis as well as implementing and monitoring internal fraud risk strategies across Absa SA.

Education and Experience Required
NQF 6 or Degree or National Diploma or Equivalent
6 - 8 years in Financial Services or related industry.
xe2x80x8b3-6 years experience in fraud (exposure to internal fraud an advantage)
3-5 years in Audit / Internal Assurance roles.
1-2 years in a Strategic role
Knowledge & Skills:
Communication and Team skills ( Advanced).
Networking Skills & Influencing Skills ( Advanced).
Knowledge of Fraud Risk Principles and Practices, ( Advanced).
Understanding of Risk and Compliance concepts ( Advanced).
Influencing Skills ( Advanced).
Analytical Skills ( Advance).
Interpersonal and Conflict Management Skills ( Advanced).
Ability to both Lead and Deliver ( Advanced).
Key accountabilities
Defining and Developing internal fraud mitigation strategies
Execution & monitoring of internal fraud strategies across Absa SA
Collaborate subject matter expertise with business and the broader Fraud Strategy team to assess existing and emerging fraud threats
Provide control mitigation recommendations
Manage fraud strategy delivery within business fraud risk appetite and industry trends
Work with the fraud value chain and business to deliver preventative and detective internal fraud strategies
Accountable for measuring the risk in line within the employee on-boarding and fraud control framework and the defined fraud strategy objectives
Ensure process control-and-risk management practices that impact internal fraud during product development, system enhancements, customer engagements and back office processes are well documented and understood by all role players within the control lifecycle
Work with the three lines of defence and management assurance to scope control framework reviews and provide support
Implement effective monitoring measures to track and implement control remediations with lines of defence or assurance
Ensure fraud risk management practices are compliant with applicable regulations
Define and monitor the key risk indicator scenarios for internal fraud impacting customer or product on-boarding and customer authentication process from a fraud perspective.
Provide insight on the likelihood of the internal fraud threat occurrence and potential impact, provide insights linked to industry benchmarks and provide control remediation recommendations.
Measure the fraud control framework against the defined key performance indicators to assess design and operational effectiveness
Produce thought leadership within business to deliver industry leading fraud prevention and detection strategies Accountability Relationship Management as it relates to Internal Fraud mitigation
Proactively provide expert advice to identify business opportunities and risks, determine the impact, patterns, and trends thereof and advise on alternative solutions in anticipation of future challenges
Conduct Business specific fraud assurance activities, as required
Present the Internal fraud risk level position at various committees against internal fraud risk targets agreed with business
Act as key interface between Fraud Strategy, Fraud Analytics, Fraud Solutions, Forensics, and Insider Threat
Actively engage stakeholders to raise ongoing awareness on risks and consequences of internal fraud
Contribute to a culture of employee and customer excellence, that builds positive relationships and provides opportunities for feedback and exceptional service
Engage proactively with key stakeholders driving a culture of collaboration
Proactively raise risks and risk events (incidents) resulting in exposure to internal fraud threats, provide control remediation recommendations and provide support to business in implementing the recommended controls.
Ensure all activities and duties fully comply with regulatory requirements, the Enterprise Risk Management Framework and internal Policies and Standards.
Ensure that all compliance, regulatory, governance or other risk standards are adhered to by all service providers and other stakeholders
Apply a collaborative and inspirational leadership style to create an engaging, enabling, and productive work climate and enable self-organised and customer focused multi-disciplinary colleagues to deliver on an outcomes-based performance basis.
Achieve high performance through embedding formal development plans and informal coaching.
Implement a robust knowledge management and agile learning system to support real-time learning
Education
Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)
Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.
Absa Bank Limited reserves the right not to make an appointment to the post as advertised