Fraud & Risk Officer
Initiate International (Pty) Ltd
Johannesburg, GT, za
4d ago

Job Description

Are you a Fraud & Risk Officer looking for a new challenge? We have an exciting opportunity for you to join a premier sportsbook company at their offices in Johannesburg .

You will be accountable for managing the team, processes and providing advice to business operations to safeguard the company and its clients against fraudulent activity, and achieving FIC (anti-money laundering) and responsible gaming practices against statutory and regulatory standards, within parameters established by internal policies and relevant laws.

If you have experience in a regulatory environment and / or administrative law, this job could be perfect for you!

Your key job responsibilities as the Fraud & Risk Officer in Johannesburg will include :

  • Translate the anti-fraud objectives into operational action plans to mitigate and prevent future occurrences of fraud for clients
  • Keep on top of all client interfacing technology and sports betting platforms and monitors it from an anti-fraud perspective ensuring the best possible second line of defence for clients
  • Implement the best possible systems and processes that ensures protection, detection, investigation services, policies, controls and training for online and retail
  • Evaluate and assess changes to products, channels and processes from a client fraud prevention perspective
  • Monitor clients’ accounts at an operational level to proactively detect possible fraudulent activity
  • When fraudulent activity is detected this will trigger an investigation, and if fraudulent activity is confirmed, it will be resolved
  • Monitor and keep track of any breaches that could result in regulatory sanction being imposed
  • Work with external cybercrime prevention teams to identify and prevent real or potential fraud
  • Maintain a detailed risk register with mitigation plans and controls for fraud ops to mitigate operational risks
  • Regularly communicate and coordinate cross departmental fraud detection and / or investigative issues with departments such as Collections, Client Services, Credit and Legal
  • Maintain and enhance internal and external stakeholder relationships in order to improve overall efficiency and ensure compliance
  • Assist with coaching employees within the function to ensure that current and future business demands for fraud mitigation are met
  • Review relevant internal controls, standards and operating procedures and the practical application within fraud operations aligned to regulatory requirements, ensuring these are updated in line with changes to regulations
  • Keep abreast of trends and business practices in the fraud environment
  • Supervise the fraud process SLAs to ensure that breaches are kept at a minimum
  • Requirements for this Fraud & Risk Officer job in Johannesburg :

  • Diploma in Auditing or Risk Management
  • Minimum 3 years’ experience in a regulatory environment and / or administrative law
  • Experience working with regulatory bodies
  • Demonstrated analytical and effective decision making ability to prioritise and communicate with management to achieve business goals
  • Unwavering commitment to quality operations and data-driven program evaluation
  • Advanced knowledge of Legislation and Regulations around the sports betting industry
  • Online sports betting Processes and Products
  • If you meet the above requirements for this Fraud & Risk Officer job in Johannesburg , we would like to hear from you!

    Requirements

  • Requirements for this Fraud & Risk Officer job in Johannesburg : - Diploma in Auditing or Risk Management - Minimum 3 years’ experience in a regulatory environment and / or administrative law - Experience working with regulatory bodies - Demonstrated analytical and effective decision making ability to prioritise and communicate with management to achieve business goals - Unwavering commitment to quality operations and data-driven program evaluation - Advanced knowledge of Legislation and Regulations around the sports betting industry - Online sports betting Processes and Products
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