CHIEF COMPLIANCE OFFICER - Ministry of Finance and Development Planning

VACANCY CIRCULAR NO 7 OF 2015

VACANCY: CHIEF COMPLIANCE OFFICER

Applications are invited from suitably qualified citizens for the position of Chief Compliance Officer tenable within the Ministry of Finance and Development Planning, Financial Intelligence Agency.

SALARY: D1, P251 376 – P277 524 per annum

LEAVE: 30 working days per annum

BENEFITS: (a) Optional contributory Medical Aid Scheme (Government contributes 50% and employee contributes 50%)

(b) Contributory Pension (Government contributes 15% and employee contributes 5% of salary)

(d) Housing Allowance (15% of Basic Salary)

QUALIFICATIONS

Candidates should have at least Bachelor’s Degree in Finance, Accounting, Law or any other related field; a Master on the stated fields is preferred.

EXPERIENCE

A Minimum of eight (8) years’ post qualification experience.
Exposure in the Following Areas is required: Banking supervision, Compliance and regulatory environment, Intelligence analysis, Risk management, Law enforcement

PRIMARY PURPOSE OF THE JOB

To assess stakeholders’ compliance to statutory and regulatory requirements regarding money laundering and terrorist financing and any other related financial crimes.

DUTIES

• Educates financial institutions and other businesses on their obligation to detect, prevent and deter money laundering and associated offences

• Sensitises financial institutions and other businesses on their obligation to report suspicious transactions and activities

• Requests financial information from financial institutions and other businesses

• Exchanges financial intelligence information with members of the Egmont Group and other stakeholders

• Facilitates information sharing among local financial institutions, other businesses and judicial authorities

• Attends to queries and requests on financial intelligence issues

• Attends to queries from the Public and stakeholders on the implementation of Financial Intelligence Act

• Informs, advises and collaborates with investigatory authority

• Submits financial intelligence reports to investigatory authority

• Implements regional and international anti-money laundering policies recommendations

• Develops business specific Anti-money Laundering Compliance Program

• Assesses the adequacy of the industry’s anti money laundering compliance programmes

• Creates public awareness by training stakeholders on the implementation of the Financial Intelligence Act

• Develops solutions to potential issues involving compliance and regulatory risk

• Undertakes any other related duties as assigned by management.

KEY COMPETENCIES
• Analytical Skills
• Problem Solving and Analysis
• Personal Integrity
• Interpersonal and Communication Skills
• Proactiveness and Innovation
• Teamwork and Partnering
• Presentation Skills
• Assertiveness
• Ability to work with limited guidance
• Evaluation
• Planning and organizing skills

Applications should be addressed to: The Permanent Secretary, Ministry of Finance and Development Planning, Private Bag 008, Gaborone or hand delivered to Office No. 231.

Important: All applications from serving public officers should be routed through their Heads of Department. Applications not so routed will not be considered. Applicants are also required to submit an electronic summary of their CV. Applicants who do not meet the requirements of the post will not be responded to. Please email jolatlheng@gov.bw for E scale and gmmatshediso@gov.bw for D scale post to request for the required electronic CV format.

Closing Date: 10th April 2015

For any inquiries contact Human Resource Division at 3633669, 3950134 or 3950135