Special Investigator - Johannesburg, South Africa - Nedbank

    Nedbank
    Nedbank Johannesburg, South Africa

    Found in: Talent ZA C2 - 1 week ago

    Nedbank background
    Description

    Requisition Details & Talent Acquisition Contact

    REQ Tshego Semenya

    Location: Johannesburg

    Closing date: 24 April 2024

    Cluster

    Group Risk

    Career Stream

    Forensics

    Leadership Pipeline

    Manage Self: Technical

    Position

    Special Investigator

    Job Purpose

    To conduct investigations in Nedbank by following forensic methodologies to mitigate fraud risk and criminal liability and ensure regulatory requirements are met.

    Job Responsibilities

    • Contribute to a culture of transformation goals by participating in Nedbank culture building initiatives, business strategy and CSI.
    • Ensure costs are recovered per time allocation and transfer pricing agreements with stakeholders.
    • Ensure work completed per plan and conduct investigations.
    • Identify gaps in processes, make recommendations to improve processes and prevent re-occurrence of claims.
    • Highlight implication of not implementing recommendations so that corrective action can be taken.
    • Prevent further potential losses by alerting other banks of possible fraudulent transactions and identifying suspicious deposits.
    • Conduct investigations and report fraudulent activities.
    • Ensure regulatory standards for record keeping are met.
    • Ensure provision for claims are made and regulatory requirements are met and report claims and corruption cases.
    • Ensure consistency of sanctions for similar transgression.
    • Report information regarding fraudulent trends to Enterprise Risk Committees (ERCOs) for implementation of preventative and corrective action.
    • Gather and analyse relevant documentation received from clients.
    • Obtain evidence and determine veracity of claims by requesting assistance from internal sources within Group Risk Services (GRS) as well as suppliers.
    • Ensure client needs and expectations are met.
    • Enable the implementation of recommendations and actions required.
    • Provide updates and feedback related to escalated queries pertaining to alleged fraudulent claims from clients by interacting with the Ombudsman Liaison electronically.
    • Improve business performance and prevent further potential losses.
    • Prevent further potential losses and alert Legal Insurance for provision in case of losses that are R1m and above.
    • Prevent and/or reduce potential losses.
    • Understand and embrace the Nedbank vision and demonstrate the values through interaction with team and stakeholders.
    • Improve personal capability and stay abreast of developments in field of expertise.
    • Support personal growth and effective performance.
    • Maintain knowledge management and improve team success.

    Minimum Experience Level

    • Minimum 3 years experience in banking environment and/or conducting investigations

    Essential Qualifications - NQF Level

    • Advanced Diplomas/National 1st Degrees

    Preferred Qualification

    • Diploma: Criminal Justice and Forensic Auditing

    Technical / Professional Knowledge

    • Ethics and Fraud
    • Fraud investigation methodology
    • Governance, Risk and Controls
    • Relevant regulatory knowledge
    • Relevant software and systems knowledge
    • Business writing skills
    • Relevant regulatory, compliance and risk legislation

    Disclaimer

    Preference will be given to candidates from the underrepresented groups

    Please contact the Nedbank Recruiting Team at

    Please contact the Nedbank Recruiting Team at