Financial Crime Specialist - Johannesburg, South Africa - Bidvest Bank

Bidvest Bank

Verified Company

Johannesburg, South Africa

1 week ago

Posted by:

Thabo Mthembu

beBee Recruiter

Description

Primary Purpose
Analyzing, Investigating and Reporting on financial crime within Bidvest Bank

Duties and Responsibilities Includes but not limited to:

OPERATIONAL EXCELLENCE
Risk Management

Preliminary preparation of presentations (PowerPoint etc)
Draft for review and present Executive Summary and Factual Finding on systems and report feedback to management
Implement and maintain forensic investigation standards
Understanding FISD system requirements and maintenance thereof
Obtain documentary information related to administration system

DATA MANAGEMENT
Data management

Data analytics
Report writing
Updating fraud reports
Reporting of fraud trends to SABRIC
Analyzing industry data and report on trends that effect the Bank
Checking account opening documents analyzing for fraud

CUSTOMER CENTRICITY
Support and drive the execution of the FCU

Assisting with queries
Provide and track recommendations for actions to reduce the client risks identified during the review
Evaluation and decisioning of customer information, negative news and complex financial activity
Work directly with customers who have concerns about financial crime or have questions about transactions.
Work with the business to define data required to address

FINANCIAL MANAGEMENT
Identify and implement cost saving opportunities

Prevent and reduce financial losses by ensuring optimal adherence to processes and procedures

STAKEHOLDER MANAGEMENT
Provide advisory services through partnership with all relevant stakeholders (internal and external)

Assisting with Fraud related queries
Provide and track recommendations for actions to reduce the client risks identified during the review

- evaluation and decisioning of customer information, negative news and complex financial activity

Work directly with customers who have concerns about financial crime

REPORTING

Perform different analytics to assist with business impact.

Consult with internal clients when necessary for views and assistance on reports and products to be compiled
Analyse trends observed, identify discrepancies in reports and provide solution
Updating fraud reports

LEARNING AND GROWTH
Drive a continuous learning culture which focuses on innovation and value adding solutions in line with best practice.

Conduct fraud related training and awareness interventions for the Bank.
Stay abreast of regulatory changes and communicate such information to all stakeholders

Minimum Requirements

Experience