Simphiwe Sibeko Email & Phone Number

City Of Johannesburg, Gauteng, South Africa

Johannesburg Metropolitan Area

Develop Card Issuing and Acquiring fraud strategies for Everyday Banking and Relationship Banking. The strategies include clear response plans to existing payments and transactional fraud modus operandi and future threats. The strategy and delivery plans are rolled out with business stakeholders and drive preventative and detective fraud strategies by: Delivering risk reporting, thought leadership and industry initiatives. Designing, implementing, and monitoring fraud controls to ensure fraud losses are minimized, fraud risks are controlled on a proactive basis, whilst complying with internal policies and procedures as well as rules regulations of payment schemes and regulators. Driving threat identification and leading solutions to mitigate the risks. Supporting channels and operations with the execution of the controls. Understanding control layers and how they contribute to the technical construct in delivering multilayered prevention strategies. Building and maintaining effective relationships with relevant stakeholders to implement comprehensive fraud strategies. Identifying, assessing, constructing, and reporting key threats/risks arising from fraud events. Leading different teams with the business to deploy the prevention and detection strategies.

City Of Johannesburg, Gauteng, South Africa

Provided group-wide investigation capability that investigates fraud incidences relating to Card and Digital by: Leading and developing a team of forensic investigators; Aligning group strategy with forensic initiatives to enable business and protect customer experience; Establishing and leading projects for significant fraud threats identified and recommending remedial and corrective measures; Driving data and analytics driven decision-making; Developing and managing stakeholders in Everyday Banking, Relationship Banking and CIB; Engaging and aligning with external stakeholders; Reporting to operational risk committees on emerging fraud threats.

Johannesburg Area, South Africa

Advised clients on establishing or improving end-to-end risk management systems, processes, and frameworks to enhance strategic alignment with business goals, enable effective decision making and response, and monitor regulatory compliance by: designing data and technology-enabled business processes that enable value-adding business outcomes; solving control design issues based on industry leading practices and regulatory requirements; interpreting business information to identify underlying issues, patterns and relationships; planning and executing engagement projects including managing resources (financial, human capital etc.); and developing and managing client relationships.

Rosebank, Johannesburg

Implemented and managed a risk management and reporting framework that enabled Group Financial Crime Compliance to efficiently implement anti-bribery and corruption (ABC) controls across the Standard Bank Group (SBG), and mitigate regulatory and reputational risk in accordance with its strategy by: assisting in conducting periodic ABC risk assessments across all jurisdictions in which the SBG operates; maintaining and creating ABC frameworksintegrated to Group risk management activities; ongoing management of high-risk ABC incidents and reporting to the oversight committee on the management thereof; providing specialist ABC advice to projects and stakeholders; and supported the development, drafting and updating of ABC policies.

Africa

(“CIB”) and Commercial Banking (“CB”) risk management frameworks as they related to anti-money laundering, sanctions risks, PEP Risk, Reputation Risk, High Risk Jurisdictions, High Risk Industries and High-Risk Products. This was to ensure: countries are complying policies and procedures; related risks which arise from specific client relationships are effectively managed; effective escalation of the higher risk relationships; and effective rollout of policies and procedures to frontline business and first line risk owners through the provision of training and advisory.

Investigated transactional data and relevant financial documents to flag indictors of financial crime risk. This included evaluating existing compliance programs for regulatory gaps and suspicious activity. Key activities included: running and implementing project-based work  reporting of progress of work to management and clients  communicating with clients to understand needs and expectations; management of deadlines and reporting on progress and deliverables; and identifying opportunities to improve engagement success.

Master Of Business Administration - Mba

Bcom Hons, Internal Auditing

Bcom, Internal Auditing