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

Purpose of the Job:

• To supervise and/or enforce compliance with the Financial Intelligence Centre Act, 2001 (FIC Act), by the Financial Institutions regulated by the FSCA. The persons appointed to this position will report to the Manager: AML/CFT Supervision Department.

Key Performance Areas:

• Monitor and enforce compliance with the FIC Act by the financial institutions regulated 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;
• Investigate all complaints relating to financial institutions;
• Refine processes and procedures relating to regulatory and supervisory frameworks;
• Actively participate in and contribute to industry and FSCA committees as and when required;
• Assist junior staff with planning and performance on supervisory activities;
• Assist the Manager in training and development of Junior Staff;
• 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.

Other Key Competencies:

• The candidate must demonstrate the following skills and attributes: Problem analysis and solving, judgement, oral and written communication, information gathering; good interpersonal skills; the ability to work in a team; emotional intelligence; customer relations; persuasiveness skills and good computer skills.

Requirements

• A Bachelors’ Degree (NQF 7) in Accounting, Audit, Law, Risk Management and other relevant discipline and other relevant discipline with at least 4 years working experience within the financial services industry. A postgraduate certificate in Anti-Money Laundering will be advantageous. 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 is essential. Excellent report writing skills are essential. The candidate will be required to travel domestically.

Closing Date: 08 July 2025