Investigator

SUMMARY:
To investigate basic, intermediate and complex alleged contraventions of the Exchange Control Regulations (Regulations), recoup capital exported from South Africa in contravention of the Regulations and/or 419 fraud schemes and enforce anti-money laundering (AML) legislation on Authorised Dealers in foreign exchange with limited authority (ADLAs).

POSITION INFO:
JOB DESCRIPTION

• Investigate basic, intermediate and complex matters involving alleged contraventions of the Regulations and/or 419 fraud schemes and AML enforcement investigations for the approval of the Signing Officer.
• Support the signing officer or manager with targeted Financial Intelligence Centre Act 38 of 2001 (FIC Act) inspections and assist other divisions when required.
• Recoup, recover or regularise capital lost as a result of alleged contraventions of the Regulations and/or administer the collection, preservation and distribution of money and/or goods seized during investigations of alleged contraventions of the Regulations.
• Conduct and/or facilitate research relevant to investigations and/or requests for information from internal and external stakeholders, submit reports on findings and make recommendations to the manager and relevant stakeholders, furnishing management with information.
• Assist legal practitioners with matters under litigation, including research, compiling reports and making recommendations when required.
• Engage and assist internal and external stakeholders, providing advice and training as well as support to the signing officer or manager when representing the division, the Financial Surveillance Department (FinSurv) or the company.
• Stay current with developments, policies, procedures and legislation, and propose and implement the refinement and continuous improvement of tools, methods and processes.
• Coach and provide on-the-job training to team members to expand their investigative knowledge and practice.
• Record all relevant information and correspondence regarding allocated investigations.
• Serve on relevant divisional, departmental or company project teams, based on experience, skill and ability.

• A Bachelor’s degree in Law, Commerce or Forensics (in the accounting/financial or policing fields)

• The Currency and Exchanges Act 9 of 1933.
• Exchange Control Regulations and Rulings.
• Law of evidence.
• Law of contract.
• Civil and criminal procedure.
• Banks act 94 of 1990.
• Interpretation of statutes, and Constitutional law.
• A minimum of five to eight years’ relevant administrative, forensic and investigative experience, preferably in the banking or financial environment
• Excellent communication skills, and a valid driver’s licence.