Head: Card Fraud Strategy

Empowering Africas tomorrow, togetherone story at a time.

With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.

Job Summary

To develop Card Issuing and Acquiring fraud strategies for EB and RB. The strategies will include clear response plans to existing fraud modus operandi and future threats. The strategy and delivery plans will be rolled out with business stakeholders will drive preventative and detective fraud strategies. The role will also deliver risk reporting, thought leadership and industry initiatives.

Design, implement and then monitor fraud controls to ensure fraud losses are minimized, fraud risks are controlled on a proactive basis, whilst complying with internal policies and procedures as well as rules regulations of payment schemes and regulators.

Job Description

Risk Management:

• Providing Subject Matter Expertise to deliver Card fraud strategies for channels.
• Drive threat identification and lead solutions to mitigate the risks.
• Support channels and operations with the execution of the controls.
• Understand control layers and how they contribute to the technical construct in delivering multilayered prevention strategies.

Stakeholder Management

• Build and Maintain effective Relationships with relevant stakeholders to implement comprehensive fraud strategies.

Risk Reporting

• Identify, assess, construct and report key threats/risks arising from fraud events

People Management

• Lead different teams with the business to deploy the prevention and detection strategies.

Education

Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)

Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.

Absa Bank Limited reserves the right not to make an appointment to the post as advertised