Job Description

JOB PURPOSE:
Assist with conducting inspections on accountable and reporting institutions to assess the levels of compliance with the provisions of the Financial Intelligence Centre Act 38 of 2001 (the FIC Act), under guidanceKEY PERFORMANCE AREAS:
TECHNICAL COMPETENCIES

• Assist with research and identify suitable accountable and reporting institutions for inspections, utilising the risk base approach.
• Assess levels of compliance with the FIC Act by accountable and reporting institutions, under guidance.
• Assist with collecting and maintaining the integrity of information evidencing the levels of compliance with the FIC Act.
• Draft and process inspection reports detailing the level of compliance by inspected institutions under guidance.
• Recommend appropriate remedial action to remedy any non-compliance under guidance.
• Conduct research on domestic and international AML compliance and enforcement trends.
• Provide basic guidance and advise to accountable institutions, reporting institutions and supervisory bodies regarding compliance with the FIC Act, under guidance.
• Attend and respond to correspondences

• Bachelors degree e.g. LLB, B.Com (Law) or NQF level 7 equivalent
• Qualifications in anti-money laundering, compliance management and or forensics would be advantageous Experience
• Minimum of 1 year of experience in a junior law enforcement or compliance environment.

• Knowledge of the FIC Act, other anti-money laundering legislation and international anti-money laundering standards.
• Investigative and analysis skills.
• Intermediate legal drafting skills.
• Good written and verbal communication skills.
• Intermediate to advanced level of computer literacy, including MS Word, MS Access, MS Project; MS Excel, MS Power Point.

Financial Intelligence Centre