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Roodepoort: Head of Fraud Controls & Fraud Regulatory Compliance posted by Emporium Human Capital

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Job Description

About the Role

We are seeking a visionary and strategic Head of Fraud Controls & Fraud Regulatory Compliance to lead the first line of defence within a dynamic Fraud Solutions environment. This pivotal role is accountable for the strategic direction, coordination, and oversight of fraud risk management, ensuring absolute adherence to Group Risk policies and global regulatory standards.

Key Responsibilities

  • Strategic Leadership: Develop and execute tactical delivery plans aligned with Enterprise Risk Management (ERM) and Fraud Risk Management Standards.
  • First Line of Defence: Act as an independent authority to ensure effective controls, preventing regulatory penalties and optimizing process effectiveness.
  • Assurance & Governance: Lead the implementation of Business Assurance and Quality Assurance frameworks, including Targeted Management Control Assessments.
  • Policy Influence: Partner with Group Fraud and Operational Risk functions to shape and influence the evolution of fraud risk policies.
  • Risk Culture: Act as the “eyes and ears” for Fraud Solutions, fostering a positive risk culture through independent challenge and rigorous project governance.
  • Operational Excellence: Oversee POPIA compliance, Data Privacy investigations, Disaster Recovery planning, and financial loss reporting within defined Risk Appetite parameters.

Requirements

  • Expertise: Deep technical knowledge of Risk Methodology, ERM, and Process Management frameworks within the financial or fraud sectors.
  • Regulatory Knowledge: Comprehensive understanding of South African and international regulatory requirements (e.g., POPIA, industry association standards).
  • Leadership: Proven track record of managing complex budgets, driving cost efficiencies, and leading high-performance specialized teams.
  • Stakeholder Management: Exceptional ability to navigate and influence senior stakeholder landscapes across various business clusters.
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Qualifications

No formal education or certifications mentioned.

How to Apply

Click the green “Go Apply” button below to apply directly online with the employer.

About Banking Jobs in Gauteng

The banking industry in Gauteng, South Africa is a dynamic and growing sector, with a strong demand for skilled professionals. Typically, job seekers in this field can expect to find opportunities across various sectors, including financial services, technology, and manufacturing. Generally, the industry outlook remains positive, with a common expectation of steady growth and expansion.

When it comes to salary expectations, banking positions in Gauteng typically fall within broad ranges, often influenced by factors such as experience, company size, and industry sector. For instance, entry-level positions may start around R400 000 per annum, while senior roles can exceed R800 000. However, please note that these figures are approximate and can vary significantly depending on individual circumstances.

Common skills required for banking roles in Gauteng include proficiency in financial software, strong analytical and problem-solving abilities, excellent communication and interpersonal skills, and a solid understanding of regulatory requirements. Other essential skills often include technical expertise in areas such as accounting, risk management, or compliance. Additionally, many employers place a high value on emotional intelligence, creativity, and adaptability.

The banking industry is commonly found in sectors such as financial services, technology, manufacturing, and corporate finance. Financial services companies, for example, are often major players in the industry, while technology firms may require banking professionals with technical expertise. Manufacturing sector banks also exist, catering to the needs of specific industries.

Career development opportunities abound in the banking industry, with many positions offering clear career progression paths. Typically, entry-level roles can lead to senior management positions or specialized fields such as risk management or compliance. Opportunities for professional development, training, and mentorship are often available within organizations, allowing professionals to build expertise and advance their careers.

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This information provides general career guidance. Actual salaries and requirements vary by employer.



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