About the position
Lead and conduct inspections in terms of the FIC Act and provide guidance and advice to
Supervisory Bodies.
Key Performance Areas include:
• Research and identify suitable accountable and reporting institutions for inspections,
utilising the risk base approach.
• Conduct 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).
• Draft inspection reports detailing inspection findings and conclusions.
• Recommend appropriate remedial action to remedy any non-compliance.
• Secure accurate, reliable and admissible evidence to support conclusions on the
inspected institution's level of compliance with the FIC Act.
• Conduct research on domestic and international AML compliance and enforcement
trends.
• Attend and respond to correspondence relating to inspections and other general matters.
• Guide and advise accountable, reporting institutions and supervisory bodies on
compliance with the FIC Act.
Education
• Relevant bachelors degree e.g. LLB, BCom (Law) or equivalent.
Experience
• Minimum of 5 years of experience in a legal, law enforcement or compliance environment.
Skills
• Knowledge of the FIC Act, other anti-money laundering legislation and international antimoney 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.
• A high level of judgement and integrity.
