Fraud&Risk Controller (Payments)– (In-office – CPT), Johannesburg

A growing payments business is looking to appoint a Fraud&Risk Controller. This role is focused on designing and implementing fraud controls across both card and non-card transactions. The successful candidate will play a critical role in ensuring the business is fully prepared from a fraud, risk, control, and compliance perspective ahead of its card processing rollout.

Key Focus of the Role

Build and implement fraud rules across card and non-card transactions (EFT, RTC, Pay Shap, etc.)

Support real-time transaction monitoring and decisioning

Contribute to fraud control architecture and risk strategy

Operate as a hands‑on all-rounder across fraud, KYB, onboarding, and compliance in the early stages

DUTIES

Design, build, and optimise fraud detection rules and strategies across card and non-card payment channels

Develop rule logic, thresholds, triggers, and decline strategies

Support real-time transaction monitoring and decisioning using relevant monitoring tools

Analyse fraud trends and translate findings into rule enhancements and improved controls

Implement controls such as velocity checks, MCC restrictions, geo-blocking, and transaction limits

Work closely with product and engineering teams on fraud tooling and rule deployment

Support the rollout of card processing, ensuring robust fraud prevention measures are in place

Manage chargebacks and dispute resolution processes end‑to‑end

Perform transaction monitoring and fraud alert handling

Conduct merchant KYB and enhanced due diligence (EDD) processes

Perform sanctions screening, PEP screening, and adverse media checks

Assist with AML compliance and client due diligence

Maintain clear documentation of fraud rules, controls, and processes

REQUIREMENTS

1–3 years’ experience in a fraud, risk, or financial crime role within payments or banking

Proven experience across card and non-card transaction fraud environments

Hands‑on experience in fraud rule creation, optimisation, and transaction monitoring

Experience working with transaction monitoring tools and real‑time decisioning systems

Strong understanding of card payment flows and lifecycle

Exposure to KYB, merchant onboarding, enhanced due diligence, and AML processes

Knowledge of sanctions screening, PEP screening, and adverse media checks

Experience handling chargebacks and dispute management

Strong analytical and problem‑solving skills

Comfortable working in a hands‑on, evolving environment

Experience working with card schemes such as Visa or Mastercard

Exposure to issuing or acquiring environments advantageous

#J-18808-Ljbffr