Reputational Risk Investigator

**Requisition Details &
Talent Acquisition Contact**
- 123843 - Tshego Semenya- Application Closing Date:
09 February 2023- Job Family- Risk, Audit and Compliance
- Career Stream- Forensics
- Leadership Pipeline- Manage Self:
Professional
**Job Purpose**
- As a Specialist Investigator, to conduct complex and high-profile investigations by following forensic and relevant methodologies to mitigate reputational and financial crime risk and criminal liability. Ensure regulatory requirements in Nedbank, including subsidiaries are met.**Responsibilities**:
- Conduct complex and high-profile investigations, which includes forensic transactional analysis (which includes cross border flows and an understanding of Exchange Control and TBML), big data interrogation, open-source research and in-depth link analysis across a myriad of systems and publicly available information.
- Understand and be able to identify financial crime types and typologies, including those involving correspondent banking transactional flows.
- Have a good understanding and awareness of South and Sub-Saharan Africa’s financial crime risk environment, including recent high-profile investigative journalist exposés, State Capture and the recommendations to the financial services industry, which includes understanding the underlying financial crime drivers that led to State Capture. This understanding should translate into being able to provide guidance to business as to how such indicators/financial crime may be observed and picked up during transactional analysis.
- Present findings of investigation in a formal report to relevant stakeholders and Senior Executive members for implementation of recommendations and actions required.
- Provide expert input into Automated Transaction Monitoring rule enhancement projects.
- Monitor the media and immediately escalate where Nedbank faces possible exposure to reputational or financial crime risk.
- Build, manage and maintain relationships through face-to-face interaction and networking with stakeholders across divisional boundaries, and attending industry and professional forums.
- Obtain expert opinion and evidence and determine veracity of claims and/or allegations.
- Ensure stakeholder needs and expectations are managed and/or met, whilst ensuring that it is top of mind to mitigate the reputational and financial crime risk escalating due to the length of investigative timelines.
- Be a trusted advisor to stakeholders.
- Influence the enhancement of business processes and methodologies and ensuring that recommendations align with Nedbank policies.
- Ensure costs are recovered per time allocation and transfer pricing agreements with stakeholders.
- Highlight implication of not implementing recommendations, which includes an assessment to stakeholders pointing out the reputational risk aggravators and mitigants.
- Highlight suspicious events, prevent further potential losses, comply with regulatory obligations and requirements and prevent future potential reputational risk.
- Respond to ad-hoc stakeholder requests to support business where they require niche specialist investigative skills.
- Ensure adherence to internal policies in preparing case files.
- Ensure regulatory and legislative requirements (POCA, FICA etc.) are met.
- Improve business performance and prevent further potential losses and/or reputational risk.
- Ensure reporting to the relevant Enterprise Risk Committee (ERCO) and Group Reputational Risk Committee (GRRC) takes place for preventative strategies to be implemented across Nedbank.
- Improve personal capability and stay abreast of developments in field of expertise by identifying training courses and career progression.
- Ensure upskilling and effective handover to relevant responsible person on succession plan.
- Contribute to a culture of transformation by participating in Nedbank culture building initiatives, business strategy, and CSI.
**People Specification**
**Essential Qualifications - Minimum NQF Level 7**
- National 1st Degrees
**Preferred Qualifications**
- Post Graduate Degree within the fields of forensics, chartered accounting, or similar.
**Preferred Certifications**
- Forensic Practitioner (FP SA) - ICFP designation
- Certified Fraud Examiner (CFE)
- Certified Anti-Money Laundering Specialist (CAMS)
**Minimum Experience Level**
- 8 years in financial crime related investigations involving banking, prosecution, accounting or government environment.**Type of Exposure**
- Analysing data and information that requires an in-depth evaluation of multiple factors, including link analysis and mapping of timelines and allegations to transactional activity.
- Drafting detailed reports for audiences ranging from business managers to Senior Executives.
- Managing conflict situations
- Influencing stakeholders to obtain buy-in for concepts and ideas
- Sharing information in different ways to increase internal stakeholders understanding
- Interacting with diverse people
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