MFC Forensic Investigator
Requisition Number-141727
Closing Date-11 September 2025
Location- Sandton
Job Family
Risk, Audit and Compliance
Career Stream
Forensics
Leadership Pipeline
Manage Self: Technical
Job Purpose
To conduct investigations in Nedbank by following forensic methodologies to mitigate fraud risk and criminal liability and ensure regulatory requirements are met.
Job Responsibilities
-Contribute to a culture of transformation goals by participating in Nedbank culture building initiatives, business strategy and CSI.
-Ensure costs are recovered per time allocation and transfer pricing agreements with stakeholders.
-Ensure work completed per plan and conduct investigations.
-Identify gaps in processes, make recommendations to improve processes and prevent re-occurrence of claims.
-Highlight implication of not implementing recommendations so that corrective action can be taken.
-Prevent further potential losses by alerting other banks of possible fraudulent transactions and identifying suspicious deposits.
-Conduct investigations and report fraudulent activities.
-Ensure regulatory standards for record keeping are met.
-Ensure provision for claims are made and regulatory requirements are met and report claims and corruption cases.
-Ensure consistency of sanctions for similar transgression.
-Report information regarding fraudulent trends to Enterprise Risk Committees (ERCOs) for implementation of preventative and corrective action.
-Gather and analyse relevant documentation received from clients.
-Obtain evidence and determine veracity of claims by requesting assistance from internal sources within Group Risk Services (GRS) as well as suppliers.
-Ensure client needs and expectations are met.
-Enable the implementation of recommendations and actions required.
-Provide updates and feedback related to escalated queries pertaining to alleged fraudulent claims from clients by interacting with the Ombudsman Liaison electronically.
-Improve business performance and prevent further potential losses.
-Prevent further potential losses and alert Legal Insurance for provision in case of losses that are R1m and above.
-Prevent and/or reduce potential losses.
-Understand and embrace the Nedbank vision and demonstrate the values through interaction with team and stakeholders.
-Improve personal capability and stay abreast of developments in field of expertise.
-Support personal growth and effective performance.
-Maintain knowledge management and improve team success.
Essential Qualifications - NQF Level
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-Advanced Diplomas/National 1st Degrees
Preferred Qualification
Diploma: Criminal Justice and Forensic Auditing
Minimum Experience Level
Minimum 3 years experience in banking environment and/or conducting investigations
Technical / Professional Knowledge
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-Ethics and Fraud
-Fraud investigation methodology
-Governance, Risk and Controls
-Relevant regulatory knowledge
-Relevant software and systems knowledge
-Business writing skills
-Relevant regulatory, compliance and risk legislation
Behavioural Competencies
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-Communication
-Continuous Learning
-Customer Focus
-Decision Making
-Managing Work
-Quality Orientation
Disclaimer
Preference will be given to candidates from the underrepresented groups
the Nedbank Recruiting Team at +27 860 555 566
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the Nedbank Recruiting Team at +27 860 555 #
