(1772) Contractor-Associate Investigator at South African Reserve Bank

The successful candidate will be responsible for the following key performance areas:

• Proactively identify illegal MVTS operators and ARPs in the current exchange control environment by conducting extensive research in local and international jurisdictions.  
• Identify new trends employed by MVTS operators and ARPs to externalise funds from South Africa.
• Recommend or develop new ways to detect the methods MVTS operators and ARPs use to externalise funds. 
• Investigate, with limited supervision, basic, intermediate and complex matters involving alleged contraventions of the Regulations.
• Recoup, recover or regularise capital lost due to alleged contraventions of the Regulations. 
• Administer the collection, preservation and distribution of money and/or goods seized in terms of the provisions of the Regulations.
• Assist, under supervision, legal practitioners and law enforcement agencies with investigations and litigation. 
• Record all relevant information and correspondence regarding allocated investigations and provide investigative administrative support when required.
• Collate, report on and link data on all identified matters, including those under investigation and/or sanctioned. 
• Provide accurate reporting to all levels within the South African Reserve Bank (SARB) and external stakeholders.
• Participate in meetings and provide written reports linked to the above processes.

Qualifications

To be considered for this position, candidates must be in possession of:

• at least a Bachelor’s degree in either law, commerce or forensics (in the accounting or financial fields), or an equivalent NQF level 7 qualification in a related field;
• a minimum of one to three years’ experience in financial or related investigations in the banking, financial sector and/or law enforcement environment; and
• knowledge of and experience in the application of the Currency and Exchanges Act 9 of 1933, the Regulations, Currency and Exchanges Manuals and other relevant legislation.

Additional requirements include:

• building and managing relationships;
• resilience and perseverance;
• good verbal and written communication skills; 
• good analytical and judgement skills;

knowledge and skill in:

• investigations report writing;
• analysis and problemsolving;
• sound judgement and decisionmaking; and
• planning and organising;
• advanced skills in Microsoft Excel and Word;
• ability to work under pressure; and
• a valid driver’s licence and the ability to travel from time to time to perform duties away from the SARB Head Office.