Lenus Le Roux Email and Phone Number
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Experienced Chief Operating Officer with a strong background in fraud prevention, risk management, and operational excellence within the financial services industry. Currently leading governance, process improvements, and project delivery at Stratech Pty Ltd for Enterprise products and payment processing. Previously headed Fraud and Risk at Paymentology Group, driving security for global card issuers across 49 countries. As former CEO of Flexpay PTY LTD, Lenus led the company to profitability and two acquisitions, overseeing multimillion-Rand operations and implementing over 320 card programs.Known for his approachable, hands-on leadership, Lenus empowers teams to maximize their expertise while aiming to advance fraud deterrence in the financial industry.
Stratech • Strategic Technology Solutions
View- Website:
- stratech.co.za
- Employees:
- 11
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Head Of OperationsStratech • Strategic Technology Solutions Feb 2023 - PresentStellenbosch, Western Cape, South AfricaStratech is a comprehensive platform that offers solutions for Payments, Rewards, and Treasury-as-a-Service (TaaS), establishing our position as the leading provider of FinTech-as-a-Service solutions.Our state-of-the-art technology, coupled with expert support, empowers our Clients to surpass their customers’ expectations and optimize their payment processes, all while ensuring convenience and placing a high priority on security. Through us, you will deliver the pinnacle of excellence in payment transactions.Responsibilities:• Manage and lead the overall health and risk mitigation of all business operations in Development, Technical Operations, Client Operations, Product and Project Management.• SME for product design and enhancements, ensuring all deliverables fall within compliance and regulatory framework.• Lead and maintain SLAs for Client Service and Project deliverables.• Lead and drive PCI-DSS compliance and subsequent responsibilities for the various Departments, Projects and Hosting environments. -
Independent ConsultantFreelance Jul 2022 - Jan 2023South Africa
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Head Fraud & RiskPaymentology Feb 2022 - May 2022City Of Johannesburg, Gauteng, South AfricaEstablishing a Fraud and Risk department for the Paymentology Group, a global issuer-processor for banks and fintechs which issue and process Mastercard, Visa and UnionPay cards across 49 countries. -
Chief Executive OfficerFlexpay Feb 2008 - Jan 2022Johannesburg Area, South AfricaFlexpay (PTY) LTD is in Johannesburg, Gauteng, South Africa and is part of the Program Management division of Paymentology Ltd. Flexpay (PTY) LTD is a Third Party Payment Processor that provides bespoke payments solutions to SME’s, Corporates and FinTech’s’ through the issuance of prepaid card products , transactional accounts and the processing of Electronic Funds Transfers. Lenus was appointed in the Role of Fraud Manger during 2008. During that time, he played a key critical role in establishing the company under the guidance of the UK Vice President that resulted in career growth over a time period of eight months, to Operations Manager.With his attention to detail and passion for providing strategic direction and leadership to the Operation teams, he soon became the Operations Executive that naturally evolved into the role of Chief Executive Officer/ Director as his passion for creating a high performing and engaged work culture was put into action and by ensuring a strong oversight of the resources to ignite full potential of the economic base, community and future growth opportunities. He collaboratively works with the Board members and Stakeholders to achieve agreed strategic outcomes and guide the teams, to successfully deliver on our innovation and strategic initiatives. Lenus has been tasked to establish the Fraud & Risk Management department to service the Paymentology Group. -
Forensic Investigations, Aml ComplianceInvestec May 2007 - Jan 2008Johannesburg, Gauteng, South AfricaInvestec is an international specialist banking and asset management group. It provides a range of financial products and services to a client base in three principal markets: the UK and Europe, Southern Africa, and Asia-Pacific. Investec is dual listed on the London Stock Exchange and the Johannesburg Stock ExchangeLenus started this chapter of his Career as a Forensic Investigator/Analyst specialising in detecting Money Laundering. He used an array of skills within this role which included Implementation of processes for identification and prevention of fraud, investigation of transactional fraud, the Sign-off on all high-risk profile applications on AML, FIC requirements as well as transaction monitoring and investigations of of suspicious transaction activity for money laundering. In addition, he also Investigated Internal and external fraud attempts against the bank as well as background investigation on high profile individuals on local and international databases. -
Forensic InvestigatorVirgin Mobile South Africa Feb 2007 - Apr 2007Johannesburg, Gauteng, South AfricaVirgin Mobile South Africa (VMSA) is a mobile virtual network operator (MVNO) which was launched in 2006 as a joint venture between Sir Richard Branson's Virgin Group and Cell C.Lenus was appointed in the role of Forensic Investigator on a three-month contract, to investigate theft and fraud within the Virgin Mobile stores, to train staff on Fraud prevention, and to execute Security and Risk assessment to mitigate fraud and theft. -
Senior Manager: Risk & ComplianceCsc24Seven, Cyprus Mar 2006 - Jan 2007Larnaca, CyprusCSC24Seven is specialised in setting up and running of tailor-made payment programs including issuing, acquiring, payment processing and settlement for online merchants, FX Brokers, payroll and Web-Wallets as well as offering card issuing services to other regulated Electronic Money Institutions.Even though Lenus was retrenched from this job due to changing legislation, he has fond memories of the time he spent with the company and his colleagues at the time. The role presented international exposure and a wealth of learnings w.r.t EU directives and regulations for the Central bank of Cyprus.He was responsible for documenting operational risk and implementing policies, processes and procedures to mitigate the risk. In addition, Lenus took a hands-on approach in keeping up to date with the regulatory changes in different countries to ensure CSC was compliant and the policies were updated.
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Manager Fraud & Verification Retail CreditNedbank 2003 - 2006Johannesburg, Gauteng, South AfricaNedbank Group is a financial services group in South Africa offering wholesale and retail banking services as well as insurance, asset management, and wealth management. The Nedbank-Ecobank Alliance is the largest banking network in Africa, with more than 2,000 branches in 39 countries.Lenus role as Manager at Nedbank was to scale the start-up department of Fraud and Verification in the Retail division to ensure that application fraud is mitigated as well as contributing to the overall Retail Division strategy for customer satisfaction. Lenus grew the department to 32 staff members in a three year period and his team prevented losses to the value of R670 Million. For his teams contribution to the deterrence of fraud, Lenus received the Fraud Personality Award from the South Africa Fraud Prevention Services in 2004. -
Supervisor: Fraud Prevention And InvestigationsBoe Bank Aug 1997 - Mar 2003Paarl, Western Cape, South AfricaBoE was a leading independent and specialised banking and financial services group, listed on the Johannesburg Stock Exchange. BoE Stockbrokers was managed as part of the Merchant Banking Group within BoE. BoE was merged with Nedbank in 2003 and BoE Stockbrokers became a brokerage arm of Nedbank and Old MutualLenus was initially employed at BoE Bank in 2007 as a fraud transaction monitoring analyst. Within the 1st year, Lenus was promoted to a supervisory position with allocated staff to administrate and lead a team of fraud prevention professionals.
Lenus Le Roux Skills
Lenus Le Roux Education Details
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Parys High School
Frequently Asked Questions about Lenus Le Roux
What company does Lenus Le Roux work for?
Lenus Le Roux works for Stratech • Strategic Technology Solutions
What is Lenus Le Roux's role at the current company?
Lenus Le Roux's current role is Payment Fraud & Compliance, Operations and Implementation..
What is Lenus Le Roux's email address?
Lenus Le Roux's email address is le****@****ail.com
What schools did Lenus Le Roux attend?
Lenus Le Roux attended Parys High School.
What skills is Lenus Le Roux known for?
Lenus Le Roux has skills like Business Analysis, Business Process, Financial Services, Payment Systems, Payment Solutions, Electronic Payments, Banking, Payments, Management, Risk Management, Prepaid Cards, Business Strategy.
Who are Lenus Le Roux's colleagues?
Lenus Le Roux's colleagues are Tamsin Bamford, Lara Van Heerden, Leroy Appolis, Luke Boniface, Arno Burger, James Matala, Steve Robson.
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