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ZA Operations – Fraud Risk (South Africa)

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As the Risk & Fraud Senior Associate here at Sporty Group, you will be responsible for managing a team and workload dedicated to mitigating risks associated with KYC, fraud, risk analysis and suspicious activities. The ideal candidate will bring expertise in fraud risk management and an ability to develop and implement strategies to protect the company and its customers.

Responsibilities

Develop and implement strategies and policies to detect, prevent, and mitigate risks related to KYC, fraud, and suspicious betting activities

Continuously review and improve existing processes, systems, and controls to enhance the efficiency and effectiveness of fraud detection and prevention

Oversee the identification, investigation, and resolution of fraudulent activities, including unauthorized transactions, account takeovers, and suspicious betting patterns

Develop and implement fraud prevention measures, including real-time monitoring, alerts, and controls

Ensure KYC processes are strictly adhered to and updated in compliance with regulatory requirements and internal policies

Manage the team’s responsibility in performing customer due diligence, enhanced due diligence, and ongoing monitoring of customer activity

Collaborate with the compliance team to address any identified gaps or issues in customer verification processes

Collaborate with cross-functional teams, such as Legal, Compliance and Operations, to develop and implement fraud prevention measures and controls throughout the organization

Prepare and present detailed reports on risk and fraud trends, including key metrics, incidents, and actions taken

Communicate effectively with senior management on emerging threats, incidents, and proposed mitigation strategies

Conduct training sessions and awareness programs to educate employees on fraud prevention techniques, risk management, and compliance policies

Requirements

Bachelor’s degree in Business, Finance, Risk Management, or a related field. A master’s degree or relevant certifications is an advantage

Proven experience in risk management, fraud detection, or a related field within financial services, online betting, or a similar industry

At least 2 years of experience in a leadership or team management roleStrong knowledge of KYC, AML, fraud detection, and fraud prevention practices

Excellent communication, leadership, and decision-making skills

Ability to work in a fast-paced, high-pressure environment with a focus on accuracy and attention to detail

Relevant certifications such as Certified Fraud Examiner (CFE) or Certified Risk Manager (CRM) are highly desirable