Senior Analyst - Commercial Crime, Pretoria - Centurion at Financial Intelligence Centre (FIC)

Job Description

FIC is an equal opportunity employer. Preference will be given to suitably qualified African,Indian and Coloured Female  applicants in line with our Employment Targets and our commitment to diversifying our workforce.

The main purpose of this job is to apply technical expertise and judgment in the interpretation and presentation of a variety of complex financial, factual and geopolitical data with specific emphasis on sanctions, financial and other, to assist with identifying subjects, entities and phenomena associated with the sanctions regime, in order to assist in understanding their nature, capabilities and intentions, for the purpose of decision making, in support of the Financial Intelligence Centre’s mandate.

Key Performance Areas include:

• An applied understanding of the South African Constitution, the National Strategic Intelligence Act and the intelligence cycle;
• An understanding of the legislation governing the anti-money laundering / terror financing regime (FICA, POCA, POCDATARA);
• An understanding of the current and future Chapter VII United Nations Security Council (UNSC) sanction regimes, with specific reference to its respective Targeted Financial Sanctions (TFS) and asset freeze requirements and implications;
• An in-depth understanding of the UNSC Sanctions Committees, lists and resolutions and its impact for the FIC and South Africa;
• An understanding of the Financial Action Task Force (FATF) Recommendations related to the United Nations Security Council Resolutions (UNSCR) Sanctions Measures;
• Ability to apply advanced understanding of the sanctions regime in order to actively monitor and evaluate Sanction Screening hits and listed entities;
• Ability to perform complex analytical functions in respect of factual data, transaction summaries, flow of funds analysis and explore transacting patterns and scenarios which may be linked to the sanctions regime and in particular to TFS and asset freeze requirements and implications;
• Review fund transfers and vet true positives from false positives;
• Investigate true positive hits and escalate for further review and approval to management;
• Participate in the Targeted Financial Sanctions Committee of the FIC and all external Inter-Departmental Coordination Committees related to TFS;
• Act as a technical reference and offer solutions to a variety of complex problems in support of issues within the area of responsibility;
• Ability to direct subordinate analysts to conduct relevant analysis and interpret reporting from multiple sources to produce a variety of analytical products;
• Create charts and graphics to explain findings emanating from work conducted;
• Plan and manage output with limited supervision;
• Develop an understanding of the clients’ objectives and translate the clients’ objectives into a value added service;
• Prepare and present assessments and briefings to the Centre’s stakeholders;
• Advise key leadership on the sanctions regime issues and challenges as appropriate;
• Represent the organisation at working groups, meetings, conferences and seminars;
• Provide feedback to staff members as and when required;
• Provide mentorship / coaching and ensuring transfer of skills to colleagues.

Education:

• Relevant Degree
• Minimum of 6 years relevant experience (analysis, research, intelligence)
• Anti-Money laundering training will be an added advantage
• Honors and Master’s qualification will be an added advantag

Experience:

• Required experience in the collection, application and use of relevant information in order to produce hypothesis, deductions and findings with specific reference to the sanctions regime;
• Sound knowledge in any of the following fields is preferable:
   
  • Financial and Information Analysis
  • Intelligence
  • Sanctions
    Sound knowledge of the SWIFT system, Central Banks, Currencies and Financial Services would be advantageous;
• Working knowledge of data analysis applications, tools, and systems;
• Sound work and knowledge and experience using the Microsoft office suite and Excel is a prerequisite

Skills:

• Advanced Presentation Skills