Head: Card Fraud Strategy at Absa Group Limited (Absa)

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)