Fraud Administration and Operations ManagerLocation: Randburg
Time Type: Full time
Posted On: Posted Yesterday
Time Left to Apply: End Date: October 31, 2024 (3 days left to apply)
Job Requisition ID: R23788
Job DescriptionManage and guide team resources in executing the appropriate fraud administration processes and procedures in a timely manner to maximize recoveries for FNB and minimize any write-offs.
Reduce fraud complaints (conduct analysis of complaints, identify gaps and recommend improvements) to ensure processing at optimal levels at all times and identifying continuous improvement based on complaints data.Lead participation in specialist practice forums to share information and insights across the business.Cultivate and manage objective working relationships with various law enforcement agencies, experts, and counterparts in the banking industry.Share and impart knowledge of FNB fraud prevention and intervention practices to team members through relevant forms of delivery.Extract, share insights, lessons learnt and recommendations from root cause analysis applied in fraud cases to inform further fraud prevention improvements across a wide range of processes and systems, regulation, and policies.Ensure that required systems are available for use, suitable rules are applied and fraud administration processes are executed within the required timelines and compliance standards.Develop and implement the appropriate fraud recovery strategies with priorities and objectives for the forthcoming year that relate to specific BUs and channels.Conduct fraud administration activities in line with applicable laws, policies, and procedures stipulated in FNB.Manage recovery activities in line with applicable standards and laws to maximize recoveries for the Bank, approve write-offs based on the rand value of fraud incidents.Manage costs within approved budget and timely submit required financial documents.Check system queues and data records for progress on fraud claims to be processed and aging of accounts respectively.Ensure optimal performance of both individuals and teams through the development of skills to achieve business objectives.Manage own development to increase own competencies.Compile and communicate accurate and timely administration function reports to and keep key stakeholders informed of recovery, chargebacks, and write-offs including updating relevant information systems accessed by the fraud community.Deliver exceptional service that exceeds customers' expectations through proactive, innovative, and appropriate solutions.Job DetailsTake note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below. Closing Date: 31/10/24
All appointments will be made in line with FirstRand Group's Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.
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