Job Description

• Identifying control breakdowns and producing high quality reports which include findings and formulating recommendations.
• To investigate incidents of fraud, theft, corruption and money laundering in line with best practice methodology to mitigate fraud risks.
• Establishing working relationships with business and discuss outcome of forensic .investigations and other fraud risk management initiatives with line managers to assist in mitigate their fraud risks.
• Ensure continuous professional development within the fraud risk Management function and industry.
• Managing and ensuring that staff are adequately guided, mentored, supported, and trained to function at their best level of ability through evaluating actions, measuring outputs and taking corrective action where the standards are not adhere to.
• Manage, implement and conduct full fraud awareness campaigns for the group.
• Maintaining and updating the risk register, including the claims statistics.
• Submission of monthly reports to Exco.

Methodology:Preliminary investigation:

• First phase of investigation, fact finding mission.
• Fact are verified.
• Nature of the crime is determined.
• Possible suspects are identified.

Preliminary report:

• Initial findings are reported to relevant individuals.
• Recommendations are made as to how to proceed with the investigation.

Execution of investigation phase:

• All outstanding information is gathered.
• Witness statements are obtained.
• All findings are evidenced are recorded once this phase is complete an SAPS case is registered (if Applicable).
• Copies of investigation is handed to relevant departments for their professional input (integrated reports) e.g. employee relations, legal and compliance.
• Relevant departments identify potential risks to the group based on the facts established during the investigation.

Reporting:

• Compilation of a comprehensive investigation report, which details.
• All the relevant findings.
• Highlighting the potential identified risks to the group.
• Supplying recommendations on how to remedy these risks.
• Compilation of monthly report and stats for submission to Exco

General:

• Managing and ensuring that staff are adequately guided, mentored, supported and trained to function at their best level of ability through evaluating actions.
• Review of reports and outputs from staff.
• Compilation and managing of the departments budget.
• Any other duties required from senior Management, internal Audit, Risk, Legal and Compliance.

• Degree or diploma - Forensic investigation and Auditing or Accounting.
• CFE/CFP advantageous.
• 3-5 years of accounting/ Auditing/ criminology and investigation.
• An in-depth knowledge and understanding of the financial services sector.
• Ability to identify fraudulent/suspicious practices from an AML perspective.
• Conflict management skills/ strong problem solving skills.
• Communication skills (verbal/written) good listening skills.
• Good interpersonal skills.
• Ability to work independently.
• Ability to work with people at all levels/ team player.
• willing and able to travel

AVBOB