Job Details Risk Management: understanding all risks – from the economic to the political – that could affect our global business, and offering guidance to all parts of the bankJob PurposeResponsible for managing the building of new rules based on input from input from data and modelling teams as well as business stakeholders (incl. testing of new fraud rules, impact assessment with regards to customer friction and fraud frustration as well as continuous monitoring of rules performance)Responsible for managing rules implementation into PBB fraud detection management systems and ensuring rules are coded correctly and working as intended (incl. liaising with relevant stakeholders (e.g. IT, Fraud Risk Strategy Heads) if rules are not triggering any alerts)Responsible for maintaining an inventory of all PBB fraud rules and overseeing inventory to ensure fraud rules are effective (within as well as across PBB portfolios)Recommend changes to current fraud rules within risk appetite as well as fraud rules to mitigate trending fraud modus to Fraud Risk Strategy Heads and Country & PBB SA Business StakeholdersResponsible for ensuring the right capabilities are in place within the fraud rules management function in order to ensure fulfilment of its mandate & ensuring there is a 24/7 fraud rule monitoring capability in place to effectively prevent and detect flash fraud.
Responsibilities + Skills
Ensure all built and approved rules are being implemented into relevant detection systemsEnsure ad-hoc rules are being instantly implemented to relevant fraud detection systems (in emergency cases and where applicable within risk appetite) to mitigate flash fraud
Minimum qualification : Post Graduate Degree Field of study: Information TechnologyPreferred Qualication: Honours Degree: Mathematical Sciences5-7 years Proven experience in rule writing and monitoring or comparable (ideally in the area of fraud risk management.