Compliance Specialist at Financial Intelligence Centre

About the position

JOB PURPOSE

Provide guidance and direction on complex financial services, designated non-financial businesses and professions and related matters to Supervisory Bodies, regulated institutions and relevant stakeholders in the Financial Services and Non-Financial sectors on matters related to anti-money laundering (AML),counter- terrorism financing(CFT) and counter-proliferation finance(CPF) in accordance with the Financial Intelligence Centre Act, (FIC Act).

KEY PERFORMANCE DUTIES

• Provide advice on reviews where expert knowledge of industry and guidance is requested;
• Provide written / verbal testimony in administrative and criminal proceedings where required;
• Respond to highly complex compliance queries where required;
• Present to highly complex audiences, e.g. JSE members, and provide additional input into written material;
• Provide expert advice on highly complex guidance products, including directives, as well as interpretation issues for the compliance handbook;
• Lead and advise consultations with Supervisory Bodies;
• Provide expert advice across industries pertaining to the entity compliance profiles;
• Identify and provide expert advice and solutions related to the AML risks at the national, industry/sector and entity risk assessment levels;
• Provide advice on research methodology and lead research in respect of risk-based approach and other complex compliance areas;
• Conceptualise and facilitate the development and implementation of data systems, reporting tools, and the integration of data within the FIC;
• Engage with external reporters who have complex business systems, to facilitate registration and reporting;
• Engage and facilitate with external agencies to facilitate the movement of information from them to the FIC in a format that can be integrated into the FIC systems.
• Assist with formulation of new solutions related to compliance monitoring
• Quality assures departmental output in area of expertise to ensure products are technically correct
• Assist the department to develop long term strategy within area of expertise

EDUCATION, SKILLS AND EXPERIENCE

• A Relevant University degree and working towards post-graduate (e.g. LLB, BCOM or Information Systems)
• Post graduate Compliance Management qualification. (CAMS certification preferred).
• Minimum 10 years in a relevant field i.e. in application of compliance/ risk methodologies.
• 8 years must in the AML/CFT environment.