Fraud Analyst
Share
Job Location:
Durban - South Africa
Monthly Salary:
Not Disclosed
Posted on:
7 hours ago
Vacancies:
1 Vacancy
Department:
Job Summary
The iKhokha talent team is on the lookout for a dynamic Fraud Analyst to join our tribe in Durban.
If youre passionate about conducting fraud and privacy risk assessments love diving into forensic investigations and are excited by the challenge of reducing fraud this could be your next big move!
So what will you do
- You will be responsible for identifying investigating reporting on & reducing merchant fraud within iKhokha.
In addition to the above you will:
- Monitor & investigate all alerts being generated by anti-fraud screening tools (daily).
- Monitor & investigate all reported findings from ABSA PASA & Nedbank.
- Monitor and investigate any suspicious activity in day-to-day escalations from various departments of the business.
- Using sound investigative skills/AML & fraud experience investigate any suspicious transactions and / or merchants for untoward/fraudulent activity.
- Ensuring that legitimate merchants are not impacted where not necessary but at the same time investigating and suspending transactions that are deemed to be an unacceptable AML risk for iKhokha.
- Reporting STR/SARs on GoAml in terms of Section 29 of the FIC Act
- Keeping a good relationship with the ABSA/Nedbank fraud teams and liaising with these teams with regards to suspicious activity and investigations.
- Ensuring that suspect/suspended transactions and or merchants are reported to the business and being correctly recorded withing the relevant databases.
- Assisting law enforcement ABSA Nedbank PASA or card schemes with reporting on requested merchant fraud.
- Ensuring that the business is fully aware of their obligations towards AML Fraud & Anti-Bribery and Corruption. This includes induction & annual staff training.
- Assist the Team lead as required by ensuring that training content is up to date with latest industry standards and is effective in respect of staff understanding and engagement.
- Storing digital evidence that staff have been trained.
- Making AML / FICA / Fraud risk-based decisions when considering all available data training by head of AML and pervious experience.
Deal Breakers:
- 3 Years within fraud investigations or data analytics
- Anti-Money Laundering
- Data Management
- Strong Analytical Skills
- FIC Act
- Risk Principles
In addition to the above the experience in the following technologies domains and best practices will make you a frontrunner for the role:
Clear understanding of:
- Anti-Money Laundering regulations
- Banking transaction flows and processes
- Risk principles
- Scheme anti-fraud & AML requirements and processes
Qualifications :
- E-commerce Degree OR Forensic Degree OR (Certificate in Anti-Money Laundering Compliance Certificate or Data Analytics related qualification).
Additional Information :
Perks of joining the Tribe
- Work in a high-growth company with tangible results youre accountable for.
- Enjoy hybrid remote and in-office work models.
- Competitive remuneration and benefits including reduced Gap cover rates. Medical Aid and Group Risk scheme contributions.
- Visionary leadership.
- Seize the opportunity for study leave.
- Access to on-demand learning at your fingertips.
- Experience a friendly collaborative culture with a team of all-round-lekker humans (its true we surveyed our Employees and they told us so).
- If you find yourself at HQ coffee on tap and a selection of hot beverages provided by our very own onsite Barista.
Stay Sharp!
Job scams are out there but weve got your back. Heres how to keep it real when applying:
Your journey to join the iKTribe starts with trust and were here to keep it simple and secure.
Stay Sharp!
Job scams are out there but weve got your back. Heres how to keep it real when applying:
Your journey to join the iKTribe starts with trust and were here to keep it simple and secure.
Remote Work :
No
Employment Type :
Full-time
Key Skills
- Microsoft Office
- Risk Management
- Financial Services
- Customer Service
- Fraud
- Root cause Analysis
- Law Enforcement
- Banking
- Analysis Skills
- Authentication
- Qualitative Research Interviewing
- ACH
About Company
iKhokha is a co-founder led financial technology company that believes every South African entrepreneur should be given the opportunity to compete in the digital economy because when small businesses grow, Mzansi thrives. All our digital payment solutions are built in-house at our ... View more
