Key Deliverables

• The role incumbent will be responsible for investigating potentially fraudulent activities within the organization and ensuring compliance with regulatory requirements.
• The audit Supervisor will work closely with other members of the company to identify potential fraud risks and develop strategies to prevent and detect fraudulent activities.

Key Roles and Responsibilities

• Conduct thorough investigations into suspected fraudulent activities, including but not limited to financial fraud, embezzlement, identity theft, and other fraudulent schemes.
• Analyse and interpret data from various sources to identify potential fraud risks and irregularities.
• Develop and implement fraud prevention policies, procedures, and training programs for employees.
• Prepare detailed reports of investigation findings, including recommendations for corrective action and risk mitigation.
• Assist with the development and implementation of fraud awareness and training programs.
• Collaborate with internal and external stakeholders, including legal, security and compliance teams, to ensure effective communication and coordination of fraud prevention efforts.
• Identify potential areas of vulnerability to fraud and assess risks associated with various business processes, systems, and transactions.
• Develop and implement strategies, policies, and procedures to prevent and detect fraud.
• Regularly review and update fraud prevention measures to ensure their effectiveness and alignment with industry best practices.
• Conduct internal audits and reviews to evaluate compliance with anti-fraud policies and procedures.
• Utilize advanced data analysis techniques and tools to identify patterns, trends, and anomalies indicative of fraud.
• Generate detailed reports on fraud cases, investigation findings, and recommended actions for management and stakeholders.
• Maintain accurate and comprehensive documentation of all investigations, including evidence, analysis, and outcomes.
• Present findings and recommendations to senior management and participate in cross-functional discussions related to fraud prevention.
• Stay up to date with industry trends, laws, and regulations related to fraud and corruption.
• Maintain up-to-date knowledge of relevant laws, regulations, and industry trends related to fraud prevention.

Job Requirements & Qualifications

• A minimum of a Bachelor’s Degree from a recognized university or equivalent.
• Must posses work experience in the banking or audit environment.
• A minimum of 5 years’ experience in fraud examination, forensic accounting, or related field.
• Recognized professional in Accounting, Risk Management, and Internal Audit.
• Certified Fraud Examiner CFE or willingness to obtain certification Relevant management qualification or training.