Role Purpose : The Fraud Data Analyst will be required to take responsibility for the macro level monitoring and analysis of both internal and external data and micro level investigation of specific suspected cases in order to improve the detection and prevention of fraud within the business. Following on from any discoveries, recommendations and strategies must be developed based on sound analytical evidence to automate any rectifying action.

Key Accountabilities

• Perform Macro-level monitoring on data sets in order to identify potential indicators of fraudulent activity

• Perform analysis on available internal and external data sources in order to refine fraud decision processes and rule sets.

• Investigating suspicious activities on individual credit applications and disbursed loans that could potentially include fraud

• Develop predictive models based on individual fraudulent transactions to improve automated detection.

• Investigate behavioral patterns that could assist in the identification of fraud

.• Researching criminal fraud methods and tools, tracking financial data, creating reports and developing techniques and tools useful in the prevention of fraud

• Develop an Industry network to mobilize fraud prevention and prosecution efforts

• On determined fraud cases work Fraud Analysts and law enforcement officials to ensure successful prosecution of perpetrators

Qualifications and Experience

• Tertiary Qualification in Business Analytics, Quantitative, Engineering, or Statistical fields preferred

• Two (2) or more years’ experience in data intensive industries such as banking, insurance, financial services, or Background in risk management and customer management analytics including financial modelling and strategy optimization consumer lending.

• Two (2) or more years’ experience using preferably SQL or alternatively other database tools preferred

• Must have strong data analytical skills, and associated tool-sets.

• Proficient in the following: Project management, analytical and problem solving skills

• PC skills including wide variety of software packages (i.e., word processing, spreadsheet and database) - strong emphasis on analytical software including Excel and SQL

SA Citizens only. No criminal record and clear record essential.

Job Type: Full-time

Required experience:
Fraud: 2 years
Banking: 2 years
SQL: 2 years