Senior Inspector

at  Financial Intelligence Centre FIC

JOB DESCRIPTION

The purpose of this job is to plan, lead and conduct inspections in terms of the FIC Act; oversee the administration of the inspection process; and provide guidance and advice to Supervisory Bodies.

EDUCATION, SKILLS AND EXPERIENCE:

• Relevant University Degree and working towards Post Graduate (Law and Commerce).
• At least eight (8) years’ experience in a relevant field i.e. prosecution or forensic auditing or information systems or regulatory experience
• Knowledge of the FIC Act, other anti-money laundering legislation and international anti-
• Money laundering standards
• Advanced investigative and analysis skills
• Advanced legal drafting skills
• Good written and verbal communication skills
• Good people management 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
• FIC Act compliance experience advantageous
• Managerial experience advantageous

• 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).
• Correctly assess the levels of compliance with the FIC Act by accountable and reporting institutions.
• Collect and maintain 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.
• Recommend appropriate remedial action to remedy any non-compliance.
• Conduct research on domestic and international AML compliance and enforcement trends.
• Guide and advise accountable institutions, reporting institutions and supervisory bodies regarding compliance with the FIC Act.
• Guide, advise and mentor inspectors.