Recruitment-room Volunteers

Senior Financial Crime Specialist (Internal)

Sandton, ZA
2 weeks ago
Application ends: August 21, 2024
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Deadline date:
August 21, 2024

Job Description

In this role you will conduct incident management, incident analysis, gap identification, enhance information to support investigations, Fraud Risk assessments, prosecutions and intelligence driven operations that will assist clients and stakeholder to prevent, detect crime and mitigate business risk.


• Knowledge of financial industry, banking, retail environment and commercial crime

• Internal investigations, including being an expert for Disciplinary enquiries and CCMA.

• Computer literacy (MS Office, PowerPoint, Excel etc.)

• Assertiveness

• Results orientated and ability to work well under pressure

• Enthusiastic

• Analytical skills and problem-solving skills

• Good communication skills (written and oral)

• Working independently and team player

• Proactive with integrity

• Professional and ethical

• Adaptable and flexible

• Person of high integrity

• Ability to respect confidentiality

• Sense of urgency

• Proactive

• Team player


• Matric

• Diploma/BA/BCom (Forensic Investigation, Law, Crime Analysis, Criminology)

• Studying towards or have completed CFE


• Minimum of five years’ experience in combatting bank related crimes and applying risk mitigation strategies

• Criminal Justice & Forensic investigations

• Information gathering and analytical skills


• Manage workgroups, projects, internal investigations and conduct presentations

• Assisting with queries

• Provide and track recommendations for actions to reduce the client risks identified during the review

• Evaluation and decisioning of customer information, negative news and complex financial activity

• Work directly with customers who have concerns about financial crime or have questions about transactions.

• Work with the business to define data required to address threats identified


• Deal with operational information and investigative end to end

• Maintain and enhance working relationships with clients (commercial and physical security), law enforcement agencies, national prosecuting authorities, CCMA and other organisations who have a vested interest in addressing crimes of mutual interest

• Compile reports, affidavits and testify at CCMA, Disciplinary Enquiries, and in court for bail opposition and aggravation

• Mitigate risk by generating pro-active information sourced via incident analysis and management

• Data base testing, data mining and interpretation data sets in the form of a report

• Keep records of services rendered

• Submit and or make contribution to reports required by management

• Source operational information to aid in the growth of the Bidvest Bank data base

Adopt Fraud Risk Assessments

Your key responsibilities will include the following:


• Responding to summons, subpoenas and legal proceedings – this includes to testifying to findings in internal disciplinary hearings and properly constituted tribunals

• Tackling and responding to organized crime activities targeting the Bidvest Financial Services.

• Conducting substantial research and guidelines on latest fraud syndicates affecting the strategic and operational functions of the Bank and its subsidiaries

• Develop a database detailing fraud syndicate and heatmaps for preventative measures to be put in place

• Investigate and register cases in terms of Section 34(1) of the Prevention and Combating of Corrupt Activities Act

• Handling of inquiries from basic to complex financial crime investigations

• Advising business on financial crime related matters

• Providing expert opinion to Business on financial crime related matter – This is limited to areas of knowledge, expertise, research and experience amongst others)

• Ensure all SLA’s are adhered too.


• Accurate tracking of cases are kept

• Link analysis conducted on data to support investigations


• Deal with ad-hoc assignments under clear instruction and guidance of the Head of the office e.g. analyzing information and compiling spreadsheets

• Any additional functions deemed reasonable

• Ensure that Behavioural components are aligned with Banks values.


• Gather, Collate, analyse data, evaluate and disseminate information to be actioned to aid in the reduction, identifying and addressing current threats, trends, subjects and activities of financial crime

• Interview with internal clients/staff when necessary

• Compile accurate monthly reports timeously

• Compile investigation Bidvest Bank reports for disciplinary enquiries and/or court purposes

• Analyse trends observed, identify discrepancies in processes and/or policies and provide recommendations.

• Updating fraud reports

• Reporting of fraud trends to SABRIC

• Analysing industry data and report on trends that effect the Bank


• Stay abreast of regulatory changes and communicate such information to all stakeholders

This position is advertised in line with our commitment to Employment Equity.