Senior Compliance Officer

**JOB PURPOSE**:
Provide guidance and direction on complex financial services and related matters for the Anti-Money Laundering Compliance Programme in the Compliance and Prevention Division of the Financial Intelligence Centre.

**KEY PERFORMANCE AREAS**:

- Provide expertise and forward-thinking compliance direction and advice in anti-money laundering compliance regarding regulated financial institutions, persons and sectors under the Financial Intelligence Centre Act, 2001 (FIC Act).
- Consider and report on possible strategic prevention initiatives and responses in assigned regulated sectors.
- Ensure quality of solutions provided by team members, consider possible new solutions for, and solve queries related to complex compliance matters, within the compliance framework;
- Lead and conduct compliance reviews for sector clusters.
- Identify short falls and make recommendations on improving compliance oversight of supervisory bodies.
- Review the work of the team, allocate work (ACOs and COs) and provide guidance and monitoring.
- Recommend areas for compliance research.
- Build, manage and maintain professional relationships with assigned supervisory bodies, regulated institutions and other parties affected by FIC Act.
- Assist with the inspections when required, including the follow up of remedial actions.
- Assist with compliance awareness initiatives including presentations.
- Assist with industry sector risk assessments, including analysing responses, drafting and reviewing resultant reports.
- Adhere to administration and record management policies/procedures within the FIC
- Conduct risk-based analyses by developing analytical models and utilising relevant programs to enable risk-orientated decisions making.
- Deliver holistic compliance monitoring by performing qualitative and quantitative research and reporting to rationalise actions taken regarding compliance-related matters.
- Champion the upskilling of the team by educating team members on data management and analytics technical aspects in order to drive a high-performance culture.
- Data Quality - Promotes adherence to appropriate quality management methods and techniques to uphold data quality standards.
- Insights and Reporting - Performs standard data reporting activities, by following established insights and reports procedures.
- Data Science and Tools - Interprets an existing script of elementary to moderate complexity and utilises beginner to intermediate programming skills, in using at least one mainstream Commercial and Open-Source Data Science / Analytics software tool.
- Data Requirements Identification - Defines and manages scoping, requirements definition and prioritisation activities for small-scale data changes and assists with more complex change initiatives.

**EDUCATION, SKILLS AND EXPERIENCE**:

- Relevant University Degree (LLB, BCOM and Information Systems)
- Post graduate Compliance Management qualification is preferred
- Certified Anti-Money Laundering Specialist (CAMS) certification is preferred
- Data Governance, Compliance and Ethics - Possesses sound knowledge of relevant legislation, ethics-compliance principles, and governance policies.
- Data Literacy - Possesses emerging competency and fluency with regard to speaking, writing and engaging in data and analytics programs and use cases.
- Change management skills.
- Ability to conduct simple programming/ understanding script writing
- Excellent communication skills (oral and written)
- Understanding of financial services institutions and sectors under the FIC Act including, but not limited to, banks, credit providers, money remitters, collective investment scheme managers, long-term insurers, financial services providers and JSE members;
- Understanding of designated non-financial businesses and professions under the FIC Act including, but not limited to, trust service providers, attorneys, estate agents, gambling institutions and dealers in high value goods;
- Knowledge and understanding of the Financial Intelligence Centre Act and supported legislation
- An intermediate to advanced level of computer literacy, including MS Word, MS Access, MS Project; MS Excel, MS Power Point
- Knowledge and understanding of international money laundering and terrorist financing control measures
- Good presentation skills