Senior Inspector

Financial Intelligence Centre; Pretoria; On-site; ZAR 1,200,000 - 1,800,000; Full time

Job summary

Financial Intelligence Centre in Pretoria seeks a senior inspector to plan, lead and conduct inspections under the FIC Act, overseeing adherence and reporting outcomes. The role includes guiding supervisory bodies and mentoring inspectors, with a strong focus on AML compliance and enforcement trends.

The ideal candidate holds a relevant degree and is progressing postgraduate studies in Law and Commerce, with at least eight years of experience in prosecution, forensic auditing, or regulatory

Qualifications

• Relevant University Degree; working towards Postgraduate studies in Law and Commerce.
• Eight+ years of experience in prosecution, forensic auditing, information systems, or regulatory roles.
• Knowledge of the FIC Act and international AML standards.
• Advanced investigative and analytical skills.
• Advanced legal drafting skills.
• Excellent written and verbal communication; strong people management.
• MS Office proficiency: Word, Access, Project, Excel, PowerPoint.

Responsibilities

• Research and identify suitable accountable and reporting institutions for inspections using a risk-based approach.
• Conduct inspections to assess compliance with the FIC Act.
• Assess levels of compliance with the FIC Act by inspected institutions.
• Collect and maintain evidence of compliance.
• Draft inspection reports detailing findings and conclusions.
• Recommend remedial action for non-compliance.
• Research domestic and international AML compliance and enforcement trends.
• Guide and advise accountable and reporting institutions and supervisory bodies on the FIC Act.
• Guide, advise and mentor inspectors.

Skills

Investigative skills

Analytical skills

Legal drafting

Written communication

Verbal communication

People management

Computer literacy

Education

Relevant University Degree

Postgraduate studies in Law and Commerce

Job description

Job Purpose

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.

Duties & Responsibilities

KEY PERFORMANCE AREAS:

1. Research and identify suitable accountable and reporting institutions for inspections, utilising the risk base approach.
2. 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).
3. Correctly assess the levels of compliance with the FIC Act by accountable and reporting institutions.
4. Collect and maintain the integrity of information evidencing the levels of compliance with the FIC Act.
5. Draft and process inspection reports detailing the level of compliance by inspected institutions.
6. Recommend appropriate remedial action to remedy any non-compliance.
7. Conduct research on domestic and international AML compliance and enforcement trends.
8. Guide and advise accountable institutions, reporting institutions and supervisory bodies regarding compliance with the FIC Act.
9. Guide, advise and mentor inspectors.

Technical Competencies

1. Know and understand the provisions of the FIC Act and other anti-money-laundering legislation and international standards.
2. Correctly evaluate and assess the level of compliance with the provisions of the FIC Act by inspected institutions.
3. Secure accurate, reliable and admissible evidence to support conclusions on the inspected institution's level of compliance with the FIC Act.
4. Draft inspection reports detailing inspection findings and conclusions.
5. Attend and respond to correspondences relating to inspections and other general matters.
6. Guide and advise accountable, reporting institutions and supervisory bodies on compliance with the FIC Act.
7. Guide, advise and mentor inspectors.
8. Conduct general and legal research.
9. Deliver on operational goals and tasks with minimal supervision.

Education, Skills and Experience

1. Relevant University Degree and working towards Post Graduate (Law and Commerce).
2. At least eight (8) years' experience in a relevant field i.e. prosecution or forensic auditing or information systems or regulatory experience.
3. Knowledge of the FIC Act, other anti-money laundering legislation and international anti-money laundering standards.
4. Advanced investigative and analysis skills.
5. Advanced legal drafting skills.
6. Good written and verbal communication skills.
7. Good people management skills.
8. Intermediate to advanced level of computer literacy, including MS Word, MS Access, MS Project; MS Excel, MS Power Point.
9. A high level of judgement and integrity.
10. FIC Act compliance experience advantageous.
11. Managerial experience advantageous.