PRINCIPAL COMPLIANCE OFFICER (X4) - Ministry of Finance and Development Planning

VACANCY CIRCULAR NO 9 OF 2015

VACANCY: PRINCIPAL COMPLIANCE OFFICER (X4)

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

SALARY: D3, P190 104 – P209 868 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)
(c) Scarce skill (30 – 40% of Basic Salary
(d) Housing Allowance (15%of Basic Salary)

QUALIFICATIONS

Candidates should have at least Bachelor’s Degree in Finance/ Law/Economics or any other related field; a Master on the stated fields will be an added advantage.

EXPERIENCE

Minimum of six (6) years’ post qualification experience. Exposure in the following areas is required: Compliance, Financial Sector, Financial Intelligence, Financial Analysis, and Regulatory Environment

PRIMARY PURPOSE OF THE JOB

To assess stakeholders’ compliance to statutory and regulatory requirements regarding money laundering and terrorist financing.

DUTIES

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

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

• Requests financial information from financial institutions and other businesses

• Tests compliance systems and programmes for accountable institutions and supervisory bodies on anti-money laundering and financial offence/criminal

• Reviews the policies, procedures and processes of accountable institutions and supervisory bodies on anti-money laundering and financial offence/ crime compliance programmes

• Assesses the risk and trends of money laundering in the respective industries and evaluate the adequacy of the industries/ anti-money laundering risk assessment processes

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

• Assess the industries compliance with the statutory and regulatory requirements for the customer identification programme

• Assists in the preparation of the budget for the unit

• Assists in monitoring the implementation of the budget

• Undertakes any other related duties as assigned by management.

KEY COMPETENCIE

• Interpersonal and Communication Skills
• Proactiveness and Innovation
• Analytical Skills
• Personal Integrity
• Teamwork and Partnering
• Problem Solving and Analysis
• Presentation Skills
• Assertiveness
• Client Orientation
• 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