Fraud Risk Management Specialist

About the role

The Specialist in Fraud Risk Management reports to the Senior Manager of Fraud Prevention and Deterrence and is responsible for implementing the Fund’s fraud risk management programme. The role involves conducting risk assessments, behavioural analysis, delivering specialised training and developing the organisation’s fraud risk index while monitoring emerging fraud trends.

Key responsibilities

• Conduct comprehensive fraud risk assessments and maintain up‑to‑date risk registers and mitigation plans.
• Design and implement fraud prevention programmes, including clear reporting lines and control‑deficiency guidelines.
• Perform behavioural analysis and develop employee risk profiles and key risk indicators.
• Develop, review and implement departmental policies, procedures and gap‑analysis reviews.
• Analyse historical fraud data, prepare regular reports for senior management, EXCO, RGAL and the Board.
• Collaborate with internal and external stakeholders, including assurance providers, to identify and communicate fraud risks.

Required profile

• Bachelor’s degree or advanced diploma in Commerce, Law, Forensic Science, Economics, Information Systems or related field.
• Certified Fraud Examiner (CFE) or Forensic Practitioner (ICFP); CRM certification is an advantage.
• 5–7 years of experience in fraud risk management, including fraud risk assessments and behavioural analysis.
• Valid EB driver’s licence.
• Demonstrated ability to develop fraud risk indicators and conduct lifestyle audits.

Required skills

• Proficiency in MS Office.
• Experience with data‑visualisation tools.
• Knowledge of fraud risk assessment methodologies and tools, including behavioural analysis (lifestyle audits).
• Understanding of fraud risk profiling and development of fraud risk key indicators.