Job Description

Purpose of the Job:

To supervise and/or enforce compliance with the Financial Intelligence Centre Act, 2001 (FIC Act), by the Financial Institutions regulated by the FSCA. The persons appointed to this position will report to the Manager: AML/CFT Supervision Department.

Key Performance Areas:

Monitor and enforce compliance with the FIC Act by the financial institutions regulated by the FSCA; Enforce non-compliance by financial institutions where contraventions of the FIC Act have been identified; Identify and report trends in the financial services sector with possible impact on the FSCA's ability to discharge its duties as a Supervisory Body; Conduct on-site and/or offsite inspections and other supervisory activities in terms of the FIC Act; Investigate all complaints relating to financial institutions; Refine processes and procedures relating to regulatory and supervisory frameworks; Actively participate in and contribute to industry and FSCA committees as and when required; Assist junior staff with planning and performance on supervisory activities; Assist the Manager in training and development of Junior Staff; Liaise with internal and external stakeholders in respect of regulatory and supervisory matters; and Perform administrative or other supervisory activities relating to the regulatory framework.

Other Key Competencies:

The candidate must demonstrate the following skills and attributes: Problem analysis and solving, judgement, oral and written communication, information gathering; good interpersonal skills; the ability to work in a team; emotional intelligence; customer relations; persuasiveness skills and good computer skills.

FSCA is committed towards increasing the representation of marginalised groups in line with its Employment Equity Plan. Persons with disabilities are encouraged to apply.

Please note that correspondence and communication will only be conducted with short listed candidates and that the FSCA reserves the right not to appoint if a suitable candidate is not identified.

A Bachelors' Degree (NQF 7) in Accounting, Audit, Law, Risk Management and other relevant discipline and other relevant discipline with at least 4 years working experience within the financial services industry. A postgraduate certificate in Anti-Money Laundering will be advantageous. The candidate must have a good knowledge and exposure to the financial sector laws. A good understanding of the FIC Act and the Financial Sector Regulation Act is essential. Excellent report writing skills are essential. The candidate will be required to travel domestically.

Closing Date: 08 July 2025