Compliance Officer: Guidance and Outreach at Financial Intelligence Centre

Financial Intelligence Centre; Pretoria; On-site; ZAR 450,000 - 600,000; Full time

Job summary

A leading organization in financial oversight seeks a compliance expert to provide guidance and support regarding the Financial Intelligence Centre Act. The role involves engaging with stakeholders, developing compliance solutions, and preparing guidance materials. Candidates should possess a legal degree and substantial experience in anti-money laundering practices.

Qualifications

• Three years' experience in compliance/risk, including AML/CFT/CPF experience.
• Intermediate to advanced computer proficiency in MS Word, Excel, PowerPoint.

Responsibilities

• Provide guidance on the FIC Act to stakeholders.
• Engage with external stakeholders for compliance solutions.
• Monitor developments impacting money laundering controls.

Skills

Excellent communication skills

Computer literacy

Education

Legal Degree (e.g. LLB, BCom Law)

Qualifications in anti-money laundering and compliance management

Job description

Job Purpose

To provide guidance to supervisory bodies, accountable institutions and other affected stakeholders regarding the interpretation and application of the Financial Intelligence Centre Act, 2001 (Act 38 of 2001) (FIC Act).

KEY PERFORMANCE AREAS

• Provide guidance and outreach expertise regarding supervised institutions, persons and sectors under the FIC Act;
• Engage with external stakeholders to ensure compliance to the FIC Act, exchange information, provide solutions and solve queries, related to standard matters, under guidance;
• Develop a sound understanding of various supervised institutions and sectors under the FIC Act;
• Identify problems and issues experienced within industry sectors affected by the FIC Act;
• Monitor domestic developments which impact on the control measures to combat money laundering and terror financing;
• Provide compliance solutions, solve queries selecting from a set of possible alternatives;
• Critically assess the need for guidance to supervisory bodies, supervised institutions and sectors on the application of the FIC Act;
• Assist in preparing guidance products for approval and issuance;
• Assist in conducting outreach when required;
• Assist in preparing media articles for approval and publication, including engaging with external stakeholders.
  
  

Education, Skills And Experience

• Legal Degree (e.g. LLB, BCom Law).
• Qualifications in anti-money laundering and or compliance management would be advantageous.
• Three years' experience in relevant field i.e. compliance/risk experience, including practical experience in the application of compliance methodologies, of which 2 years must be practical experience in the AML/CFT/CPF environment
• Excellent communication skills (oral and written).
• An intermediate to advanced level of computer literacy in MS Word, MS Excel and MS Power Point.