AML Analyst

SUMMARY:
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POSITION INFO:

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. The candidate must have a good knowledge and exposure to the financial sector laws. A good understanding of the FIC Act and the Financial Sector Regulation Act, 2017 is essential. Excellent report writing skills are essential.

Key Performance Areas:
•Monitor compliance with the FIC Act by the accountable institutions supervised 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 FSCA’s 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; and
•Perform administrative or other supervisory activities relating to the regulatory framework