Fraud Risk Manager

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Job Summary

• Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise-Wide Risk Management Framework and internal Absa Policies and Policy Standards.
• Understand and manage risks and risk events (incidents) relevant to the role.

• Conduct fraud risk assessments across products, channels, processes, and systems.
• Identify fraud vulnerabilities and recommend mitigating controls.
• Monitor fraud trends, losses, emerging threats, and key risk indicators (KRIs).
• Ensure fraud risk events are reported, assessed, and managed in line with policy.

•  Review and challenge the effectiveness of fraud controls across the business.
• Track remediation of fraud-related findings, risks, and audit issues to closure.
• Monitor and review fraud detection rules, parameters, and control performance.
• Support projects and change initiatives through fraud risk reviews and approvals.

• Prepare and submit fraud risk dashboards, management information (MI), and governance reports.
• Provide insights into fraud trends, control gaps, and risk exposures to management.
• Support reporting to risk committees, regulators, and other governance forums.
• Maintain accurate and reliable fraud risk data and metrics.

• Support the development and execution of the Fraud Risk Management Strategy.
• Drive initiatives aimed at reducing fraud losses and strengthening controls.
• Coordinate fraud awareness programmes for employees and customers.
• Monitor emerging fraud typologies and industry developments to enhance fraud prevention.

• Partner with Business, Operations, Technology, Compliance, and Risk teams to manage fraud risks.
• Provide fraud risk advisory support and subject matter expertise.
• Facilitate fraud, governance, forums and stakeholder engagements.
• Support regulatory reviews, audits, and assurance activities.

•  Bachelor’s Degree, CFE and at least 5 years of experience in Fraud/Risk role in a financial institution

•  Investigation, Analytics, and project management.

• Analytics, Communication, stakeholder management, Risk and compliance and knowledge of applicable systems exposure

Education