Job Description

Join our esteemed banking institution committed to excellence and innovation in financial services. We are currently seeking a meticulous Risk Event Administrator to join our dynamic team.

Position Overview: As a Risk Event Administrator, you will play a pivotal role in our risk management strategy by providing essential administrative support for identifying, assessing, and mitigating risk events within our banking operations.

Responsibilities:

• Assist in the coordination and documentation of risk events, including data collection and analysis.
• Maintain accurate records of risk event details, actions taken, and resolutions.
• Support the Risk Management team in preparing reports and presentations for senior stakeholders.
• Collaborate with various departments to ensure timely resolution of risk events and implementation of preventive measures.
• Assist in the development and enhancement of risk event management processes and procedures.
• • Assess reported fraud matters and initiate necessary steps to address them promptly.
  • Take proactive measures such as blocking accounts and tracing/securing funds to mitigate potential losses.
  • Respond to client matters within strict timeframes, governed by regulatory requirements and Ombudsman guidelines.
  • Demonstrate exceptional verbal and written communication skills in all interactions with stakeholders.
  • Conduct thorough analyses of fraud cases to identify patterns, trends, and potential vulnerabilities.
  • Maintain a comprehensive understanding of money laundering techniques and trends to enhance fraud detection capabilities.
  • Previous branch experience is beneficial, as it provides insights into customer interactions and transaction processes.
  • Work collaboratively with internal teams to implement and enhance fraud prevention processes and systems.
  • Ensure adherence to all relevant policies, procedures, and regulatory requirements.

  Required Qualifications:

  • Matric qualification or equivalent.
  • 2-3 years of experience in fraud prevention or a related field.
  • Thorough understanding of fraud detection and prevention techniques.
  • Strong attention to detail and analytical skills.
  • Ability to work effectively under pressure and meet strict deadlines.
  • Exceptional verbal and written communication skills.
  • Knowledge of money laundering techniques and regulatory requirements.