Purpose of the Job:

To supervise and enforce compliance with the Financial Intelligence Centre Act by the Financial Institutions and ensure that any referrals relating to AML/CFT matters received from the Financial Intelligence Centre are appropriately dealt with within the FSCA. The person appointed to this position will report to the Departmental Head.

Key Performance Areas:

• Manage a team of analysts that perform desk based and on-site supervision following a risk based supervisory approach;
• Ensure that supervisory plans are managed and executed on time;
• Manage onsite and offsite inspections and other supervisory activities in terms of the FIC Act;
• Report on onsite and offsite inspections and other supervisory activities conducted;
• Manage the investigation of all complaints relating to financial institutions;
• Ensure that projects are properly planned, managed and executed on time;
• Ensure implementation of policies, guidelines and procedures to support the risk-based supervision approach;
• Monitor international trends and developments in the financial services industry to inform supervisory approach;
• Engage with industry stakeholders on various AML/CFT supervisory matters;
• Innovate new processes and procedures where a need is identified within the department to ensure optimum performance; and
• Manage the human resources of the team effectively and efficiently (train, develop, monitor, lead and assess performance of staff).

Other Key Competencies:

The candidate must demonstrate the following skills and attributes: A high level of judgement, good interpersonal skills, confident and decisive approach, the ability to analyse problems, the ability to gather information; the ability to manage projects; be able to interact effectively with senior staff/ industry partners and stakeholders; and organise, lead and motivate a team in order to meet individual and work group goals; ability to work effectively under pressure whilst upholding an emphasis on quality.

FSCA is committed towards increasing the representation of marginalised groups in line with its Employment Equity Plan.

Please note that correspondence and communication will only be conducted with short listed candidates and that the FSCA reserves the right not to appoint if a suitable candidate is not identified.