Manager AML/CFT Supervision Department (Pretoria) at FSCA South Africa

Description

Purpose of the Job:

• To supervise and enforce compliance with the Financial Intelligence Centre Act by the Financial Institutions regulated by the FSCA. The person appointed to this position will report to the Departmental Head.

Key Performance Areas:

• Manage a team of analysts that perform desk based and/or on-site supervision following a risk based supervisory approach;
• Ensure that supervisory plans are managed and executed on time;
• Manage onsite and/or offsite inspections and other supervisory activities in terms of the FIC Act;
• Report on onsite and/or offsite inspections and other supervisory activities conducted;
• Manage the investigation of all complaints relating to financial institutions;
• Ensure that projects are properly planned, managed and executed on time;
• Ensure implementation of policies, guidelines and procedures to support the risk-based supervision approach;
• Monitor international trends and developments in the financial services industry to inform supervisory approach;
• Engage with industry stakeholders and supervised entities on various AML/CFT matters;
• Innovate new processes and procedures where a need is identified within the department to ensure optimum performance; and
• Manage the human resources of the team effectively and efficiently (train, develop, monitor, lead and assess performance of staff).

Other Key Competencies:

• The candidate must demonstrate the following skills and attributes: A high level of judgement, good interpersonal skills, confident and decisive approach, the ability to analyse problems, the ability to gather information; the ability to manage projects; be able to interact effectively with senior staff/ industry partners and stakeholders; and organise, lead and motivate a team in order to meet individual and work group goals; ability to work effectively under pressure whilst upholding an emphasis on quality.

Requirements

• Bachelor’s degree in Commerce, Law or other relevant discipline with at least 5 years working experience within the financial services industry, 3 of which must be in a management level. Working experience in the collective investment scheme, crypto asset or financial markets sectors will be an added advantage. A good knowledge of financial sector laws, supervision of compliance with the FIC Act and understanding of AML/CFT standards as set by FATF is required. The successful candidate must be able to display good planning, organisational and leadership skills.

Closing Date: 08 July 2025