Company: Financial Intelligence Centre (FIC)
Location: Pretoria, Gauteng
Job Title
Graduate: Compliance and Prevention
Organizational Unit
Financial Intelligence Centre -> Compliance and Prevention
Job Type
Fixed-Term (24 months)
Education
Bachelors Degree or equivalent
Career Level
Graduate
Location
Pretoria – Centurion, GP 0157 ZA (Primary)
Travel
No Travel Required
Desired Race
Not Applicable
Desired Gender
Not Applicable
Closing Date
5/2/2025
Job Description
Key Performance Areas include:
During the GDP, the graduate will be exposed to the various Sections within the Compliance and Prevention Division in order to gain practical experience covering aspects of guidance, public awareness, compliance monitoring, compliance systems and inspections. The graduate will be required to:
•Assist with general and industry FIC Act compliance and ML/TF/PF risk related research
•Draft opinions on FIC Act compliance and ML/TF/PF risk related matters under guidance
•Assist in responding to public and stakeholder queries on the FIC Act compliance and AML/TF/PF risk matters within prescribed timelines
•Assist with preparation of compliance and ML/TF/PF risk related presentations to identified stakeholders
•Assist with the administration and preparation of inspections under guidance, including the assistance of remedial action follow up
Respond to general public queries (written and call centre queries) in accordance with the FIC Act and general AML/CTF/CPF principles
•Attend to inbound and outbound calls where required
•Assist with compliance awareness initiatives
•Monitor the registration and reporting data filed by accountable and reporting institutions
•Compile and analyse registration and reporting statistics to identify AML/CTF/CPF compliance trends and issues
•Attend external and internal meetings as an observer
•Prepare meeting packs and draft meeting minutes of stakeholder meetings, within prescribed timelines and format
•Assist with compliance reviews of identified entities, within specified timelines
•Assist in reviewing and revising risk-based compliance research papers of existing and new industry sectors or stakeholders, including universe, scope and industry ML/TF/PF risks.
Draft and update entity fact sheets
•Conduct desk top reviews relating to entity registration and reporting profiles within prescribed timelines
•Assist with registration data clean-up
•Assist with general administrative tasks as issued from time to time
•Attend bi-weekly graduate meetings and provide feedback on assigned work and research topics, including the interpretation of the FIC Act and internationally /CFT/CPF best practices, workstream rotations and learnings
•Adhere to administration and record management policies/procedures within the FIC
•Attend learning interventions with the view of developing a sound understanding of the FIC Act, international AML/CFT/CPF best practice and ML/TF/PF risks.
EDUCATION, SKILLS AND EXPERIENCE
University Degree in Law, Commerce or Computer Science / Information Systems with a strong academic performance of 65% and above
•Excellent communication skills (written and oral)
•An intermediate to advanced level of computer literacy including MS Word, MS Access, MS Projects, MS Power Point
