Specialist: Fraud Risk Management

In brief

**Overview** This role is for a Specialist in Fraud Risk Management at the Road Accident Fund. The position is responsible for a comprehensive range of activities aimed at identifying, assessing, preventing, and reporting on fraud risks within the organization, alongside developing relevant policies and managing interactions with various stakeholders. **What you will do** * Conduct comprehensive fraud risk assessments. * Identify risks by analysing data, observing processes, and engaging with personnel. * Facilitate the identification and assessment of fraud risks, ensuring that risk registers and mitigation action plans are updated and monitored for effective implementation. * Develop fraud risk indicators. * Design and implement fraud prevention programs tailored to organisational needs. * Develop clear guidelines on how to address controls deficiency. * Develop and promote clear lines of reporting fraud. * Conduct fraud risk training and awareness. * Perform fraud control environment assessments. * Develop employee risk profiles and key risk indicators to monitor behavioural patterns. * Develop, review and implement departmental policies and procedures and processes. * Keep up to date with effective policy and practice execution strategies. * Conduct gap analysis reviews to identify areas for improvement. * Analyse historical fraud data for patterns and trends. * Prepare and submit regular and periodic reports to provide progress updates and/or inform decisions. * Develop functional reporting systems for management, project, or performance reporting. * Prepare reports for EXCO, RGAL and the Board. * Collaborate with assurance providers to identify and report on fraud risks. * Facilitate and manage communication with relevant internal and external stakeholders and proactively and progressively manage the relationships. * Communicate with all levels of stakeholder contact. **Requirements (from the original advert)** * Bachelor’s Degree/ Advanced Diploma in Commerce (BCom Accounting/ Internal Audit/ Financial Management/ Risk Management/ BCom Law/ Forensic Accounting/ Economics/ Information Systems, Forensic Science or LLB). * Certified Fraud Examiner (CFE) or Forensic Practitioner (ICFP). * Certified Risk Management Practitioner (CRM) will be an added advantage. * Valid code EB driver’s license. * Relevant 5 - 7 years’ experience in a Fraud Risk Management environment, specific experience in performing fraud risk assessments and implementing fraud risk management practices. * Demonstrated experience in conducting behavioural analysis lifestyle audits. * Resilience. * Network and alliance skills. * Employee engagement. * Ethics and values. * Change management. * Critical and innovative thinking. * Policy conceptualisation and formulation. * Risk Management. * Stakeholder development and relations. * Reporting skills. * Knowledge of fraud risk management methodologies and risk assessment tools with specific reference to behavioural analysis lifestyle audits. * Knowledge of fraud risk management prevention, detection and response. * Knowledge of fraud risk management strategies, policy drafting and gap analysis reviews. * Knowledge of the Public Finance Management Act, anti-fraud, corruption laws, and regulations. * Knowledge of fraud risk profiling and developing fraud risk key indicators. * Proficiency in MS office and data visualization tools. **Who should apply** The ideal candidate is an experienced professional with 5-7 years in a Fraud Risk Management environment, possessing specific experience in fraud risk assessments, implementing fraud risk management practices, and conducting behavioural analysis lifestyle audits. Applicants should hold a Bachelor’s Degree or Advanced Diploma in a Commerce-related field, Law, Forensic Accounting, or Forensic Science, and be certified as a Certified Fraud Examiner (CFE) or Forensic Practitioner (ICFP). A Certified Risk Management Practitioner (CRM) certification is an advantage. Essential competencies include strong analytical, reporting, and stakeholder management skills, along with in-depth knowledge of fraud risk management methodologies, prevention, detection, response strategies, policy drafting, and relevant legislation such as the Public Finance Management Act. The candidate must demonstrate behavioral traits like resilience, ethics, critical thinking, and change management, be proficient in MS Office and data visualization tools, and hold a valid code EB driver’s license. **Deadline** Not specified **Reference** Original posting: https://www.myjobmag.co.za/job/specialist-fraud-risk-management-road-accident-fund-2 Source: myjobmag

Summary drafted with AI assistance from the original advert. The advert itself is the authority — how we use AI.

At a glance

• At least 5 years of experience.

• Microsoft Office
• Driver's licence

Extracted automatically from the advert; confirm requirements on the original listing.

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