Purpose of the Job:To supervise and/or enforce compliance with the Financial Intelligence Centre Act, by the Financial Institutions regulated by the FSCA. The persons appointed to this position will report to the Manager: AML/CFT Supervision Department.Key Performance Areas:Monitor compliance with the FIC Act by the financial institutions regulated by the FSCA;Enforce non-compliance by financial institutions where contraventions of the FIC Act have been identified;Identify and report trends in the financial services sector with possible impact on the FSCAs ability to discharge its duties as a Supervisory Body;Conduct on-site and/or offsite inspections and other supervisory activities in terms of the FIC Act;Assist with investigations of FIC Act related enquiries/complaints relating to financial institutions;Actively participate in and contribute to industry and FSCA committees as and when required;Liaise with internal and external stakeholders in respect of regulatory and supervisory matters; andPerform administrative or other supervisory activities relating to the regulatory framework.Only Persons with disabilities will be considered for this position.Requirements:A Bachelors Degree (NQF 7) in Accounting, Audit, Law, Risk Management, or other relevant discipline with at least 2 years working experience within the financial services industry.Working experience in the collective investment, crypto asset or financial markets sectors will be an added advantage.A good understanding of the FIC Act is essential. Excellent report writing skills are essential.
