Job Description<\/p>\n
Accountability: Fraud Risk Ownership and Governance<\/p>\n
\tAct as the primary owner of VAF fraud risks, ensuring risks are identified, assessed, measured, monitored, and mitigated at the operational level.
\n\tMaintain a complete and accurate fraud risk profile across AVAF.
\n\tPartner with AVAF EXCO, Control Owners and Stakeholders (dealers, operations, credit teams) and strengthen collaboration across 1LOD, 2LOD, and 3LOD.
\n\tEnsure clear role clarity and accountability for fraud controls within the business unit.<\/p>\n
Accountability: Fraud Risk Strategy<\/p>\n
\tDevelop and operationalise a proactive, data\u2011driven fraud risk strategy aligned to organisational objectives and industry best practice.
\n\tProvide expert insights on emerging risks and integrate emerging fraud trends into the AVAF fraud risk response.
\n\tEmbed validated, high\u2011quality data sources and analytics for enhanced fraud detection across the customer lifecycle.<\/p>\n
Accountability: Fraud Controls<\/p>\n
\tDrive the design, implementation, and embedment of preventative and detective fraud controls across the AVAF value chain
\n\tConduct regular fraud risk assessments and execute proactive risk response.
\n\tAlign fraud risk controls to the organisational risk appetite, industry best practice and regulatory expectations.
\n\tImplement and maintain the Operational and Resilience Risk framework components (including Risk and Control Self-Assessment, Risk indicators, Events, and Key Risk Assessments) as they relate to Fraud Risk.
\n\tExecute deep dives and lessons learnt exercises for material fraud risks, including the review, challenge and tracking\/escalation of findings.
\n\tPerform monthly loss event reconciliations to ensure that all (above threshold) fraud risk events and losses have been captured on the Operational Risk system.<\/p>\n
Accountability: Fraud Risk Assurance <\/p>\n
\tDrive the Fraud Risk related Combined assurance strategy and actively participate in the combined assurance forum.
\n\tExecute first\u2011line fraud control testing, control self\u2011assessments, and continuous monitoring.
\n\tIdentify control gaps, escalate issues, and track remediation.
\n\tEnsure business readiness for independent assurance reviews and deep dives ensuring that issues are valid and factually accurate, and actions are well defined, timed appropriately.
\n\tDrive the appropriate closure of issues by actively supporting the compilation and review of ICP\/MCP prior to submission to assurance providers.<\/p>\n
Accountability: Fraud Risk Monitoring, Reporting and Insights<\/p>\n
\tProduce reporting on fraud threats, control performance, KRIs, losses, and trends and ensure appropriate escalation at the various BU Governance Forums.
\n\tEnsure relevant forums for are established to support overall fraud risk management.
\n\tCompile and\/or review reporting to senior forums on behalf of AVAF, where required, represent AVAF in Fraud Risk forums across the Bank and with external parties (BASA, Regulators).<\/p>\n
Education<\/p>\n
\tBachelors Degree and Professional Qualifications: Risk Management<\/p>\n
go to method of application \u00bb<\/p>\n
Apply via company website ( https:\/\/www.absa.africa\/absaafrica\/ ) or<\/p>\n
<\/p>\n","protected":false},"author":2,"featured_media":0,"template":"","meta":{"_promoted":"","_job_location":"","_application":"","_company_name":"Absa Group Limited (Absa)","_company_website":"https:\/\/www.absa.africa\/absaafrica\/","_company_tagline":"Absa Group Limited (Absa) has forged a new way of getting things done, driven by bravery and passion, with the readiness to realise the possibilities on our continent and beyond. We're a truly\u00a0African brand, inspired by the people we serve in Botswana, Ghana, Kenya, Mauritius, Mozambique... read more, Seychelles, South Africa, Tanzania, Uganda, and Zambia. We also have representative offices in Namibia and Nigeria, as well as insurance operations in Botswana, Kenya, Mozambique, South Africa, Tanzania, and Zambia. Absa Towers West, 15 Troye Street, Johannesburg, Gauteng, South Africa, 2000","_company_twitter":"","_company_video":"","_filled":0,"_featured":0,"_remote_position":0,"_job_salary":"","_job_salary_currency":"","_job_salary_unit":""},"job_listing_region":[11],"job-types":[12],"class_list":["post-33640","job_listing","type-job_listing","status-expired","hentry","job_listing_region-gauteng","job-type-full-time"],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/jobs.dataaxisnode.com\/southafrica\/wp-json\/wp\/v2\/job-listings\/33640","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jobs.dataaxisnode.com\/southafrica\/wp-json\/wp\/v2\/job-listings"}],"about":[{"href":"https:\/\/jobs.dataaxisnode.com\/southafrica\/wp-json\/wp\/v2\/types\/job_listing"}],"author":[{"embeddable":true,"href":"https:\/\/jobs.dataaxisnode.com\/southafrica\/wp-json\/wp\/v2\/users\/2"}],"wp:attachment":[{"href":"https:\/\/jobs.dataaxisnode.com\/southafrica\/wp-json\/wp\/v2\/media?parent=33640"}],"wp:term":[{"taxonomy":"job_listing_region","embeddable":true,"href":"https:\/\/jobs.dataaxisnode.com\/southafrica\/wp-json\/wp\/v2\/job_listing_region?post=33640"},{"taxonomy":"job_listing_type","embeddable":true,"href":"https:\/\/jobs.dataaxisnode.com\/southafrica\/wp-json\/wp\/v2\/job-types?post=33640"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}