Investigator wanted immediately: APPLY HERE
Risk, Audit and Compliance
Manage Self: Technical
To conduct investigations in Nedbank by following forensic methodologies to mitigate fraud risk and criminal liability and ensure regulatory requirements are met.
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 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.
Essential Qualifications – NQF Level
Advanced Diplomas/National 1st Degrees
Diploma: Criminal Justice and Forensic Auditing , Advanced Diplomas/National 1st Degrees
Certified Fraud Examiner (CFE) – preferred, not essential
Type of Exposure
Conducting root cause analysis
Analysing situations or data that require an in depth evaluation of multiple factors
Displaying high level of ethics, integrity and confidentiality
Developing ways to minimize risks
Managing conflict situations
Analysing and interpreting qualitative and quantitative data
Answering customer questions
Communicating complex information in writing and verbally
Interacting with various levels of management
Interviewing people to get needed information
Minimum Experience Level
Minimum 5 years experience in banking environment and/or conducting investigations
Technical / Professional Knowledge
Ethics and Fraud
Fraud investigation methodology
Governance, Risk and Controls
Nedbank banking systems
Nedbank policies and procedures
Nedbank vision and strategy
Relevant Nedbank product knowledge
Relevant regulatory knowledge
Relevant software and systems knowledge
Business writing skills
Relevant regulatory, compliance and risk legislation
Please contact the Nedbank Recruiting Team at +27 860 555 566