Financial Crime Investigator

Hire Resolve; Pretoria; On-site; ZAR 200 000 - 300 000; Full time

Job summary

A well-known bank in Pretoria is seeking a Financial Crime Investigator to join their team. You will investigate violations of Exchange Control Regulations and enforce anti-money laundering laws. The ideal candidate has over 5 years of experience in financial investigations and a relevant bachelor's degree. This full-time role offers a competitive salary based on experience.

Qualifications

• 5+ years’ experience in financial or related forensic investigations.
• Experience in the banking or law enforcement environment.

Responsibilities

• Investigate contraventions to the Exchange Control Regulations.
• Support on FICA inspections and other divisions.
• Recoup capital lost from illegal activities.
• Conduct relevant research and submit reports.
• Assist legal practitioners with litigation matters.
• Engage with stakeholders and provide training.
• Stay updated with relevant policies and procedures.
• Coach team members on investigation practices.
• Record information regarding investigations.
• Serve on project teams as needed.

Skills

Knowledge of Currency and Exchanges Act

Financial investigations

Forensics

Anti-money laundering enforcement

Education

Bachelor’s degree in Law, Commerce, or Forensics

Job description

Overview

A well‑known bank is looking for a Financial Crime Investigator to join their team in Pretoria.

In this role, you would investigate alleged contraventions with the Exchange Control Regulations, recoup capital exported from South Africa – in contravention of the Exchange Control Regulations and / or 419 fraud schemes – and enforce anti‑money laundering legislation onto Authorised Dealers in foreign exchange with limited authority.

Responsibilities

• Investigate basic, intermediate and complex matters involving alleged contraventions to the Exchange Control Regulations, 419 fraud schemes and anti‑money laundering (AML) enforcement investigations for the approval of the signing officer.
• Support the signing officer / manager on Financial Intelligence Centre Act 38 of 2001 (FICA) inspections and assist other divisions, when required.
• Recoup / recover / regularise all capital lost as a result of alleged contraventions of the Exchange Control Regulations, and / or administer the collection, preservation and distribution of money and / or goods seized through the investigations.
• Conduct and / or facilitate research relevant to investigations and / or requests for information from internal and external stakeholders, submit reports on findings and make recommendations to the manager and relevant stakeholders.
• Assist legal practitioners with matters under litigation, including research, compiling reports and making recommendations, when required.
• Engage and assist internal and external stakeholders, by providing advice and training as well as supporting the signing officer / manager when representing the division.
• Stay current with developments, policies, procedures, and legislation propose and implement the refinement and continuous improvement of tools, methods and processes.
• Coach and provide on‑the‑job training to team members to expand their investigation knowledge and practices.
• Record all relevant information and correspondence regarding allocated investigations.
• Serve on relevant divisional / departmental / Bank project teams based on experience, skill and ability.

Experience

• Knowledge of, and experience in, the Currency and Exchanges Act 9 of 1933, Exchange Control Regulations, Currency and Exchanges Manuals and other relevant legislation.
• 5+ years’ experience in financial or related forensic investigations in the banking, financial and / or law enforcement environment.

Education & certificates

• Bachelor’s degree in Law, Commerce, or Forensics (in the accounting or financial fields) or an equivalent NQF7 qualification

Salary: negotiable. Our client is offering a highly competitive salary for this role based on experience.

Full Time