Job Description

To investigate basic, intermediate and complex matters involving alleged contraventions of the Exchange Control Regulations (Regulations) and specifically to proactively identify illegal Money and Value Transfer Services and operators with a view to recoup capital exported from South Africa in contravention of the Regulations and enforce anti-money laundering legislation under limited supervision of a more senior investigator.
JOB DESCRIPTION

• Proactively identify illegal MVTS operators in the current exchange control environment by finding alternative ways of identifying such operators through, among other measures, researching local and foreign jurisdictions.
• Investigate, with limited supervision, basic, intermediate and complex matters involving alleged contraventions of the Regulations.
• Recoup/recover/regularise capital lost as a result of alleged contraventions of the Regulations.
• Administer the collection, preservation and distribution of money and/or goods seized in terms of the provisions of the Regulations.
• Conduct and/or facilitate research relevant to investigations and/or requests for information from internal and external stakeholders, submit reports on findings and make recommendations to a signing officer/manager on the contraventions committed by such individuals/entities.
• Assist, under supervision, legal practitioners and law enforcement agencies with investigations and litigation.
• Engage internal and external stakeholders by providing clear and timely assistance and support, listening to and accommodating stakeholder needs.
• Stay current with developments, policies, procedures and legislation as well as apply any relevant changes to own work.
• Record all relevant information and correspondence regarding allocated investigations and provide investigative administrative support when required.
• Collate, report and link data on all matters identified (i.e. matters under investigation and/or sanctioned).
• Provide accurate reporting to all levels within the company and external stakeholders.
• Participate in meetings and provide written reports linked to the above processes.

JOB REQUIREMENTS
Qualifications

• A minimum of a Bachelor's degree in Law, Commerce, or Forensics (in the accounting or financial fields); or an equivalent qualification at NQF-level 7;
• A minimum of two to five years' experience in financial or related investigations in the banking, financial sector and/or law enforcement environment; and
• Knowledge of and experience in the application of the Currency and Exchanges Act 9 of 1933, the Regulations, Currency and Exchanges Manuals and other relevant legislation.

For more information please contact:
Gugulethu Ndayi

Skills Required