SENIOR ASSISTANT DIRECTOR, COMPLIANCE - CONTRACT

VACANCY CIRCULAR NO 6 OF 2015

VACANCY: SENIOR ASSISTANT DIRECTOR, COMPLIANCE - CONTRACT

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

SALARY: E1, P349 704 – P363 840 per annum

LEAVE: 30 working days per annum

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

(b) A contract of 24 to 36 Months, with gratuity at the rate of 25% payable upon expiry of contract

(c) Scarce Skills Allowance (30 to 40% of Basic 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 and a Master’s degree in the stated field. Post Graduate Qualification in research and/or Project Management are preferred

EXPERIENCE

A Minimum of twelve (12) years’ experience in Accounting or Financial Environment. Exposure to the following fields is required:

• Banking
• Regulatory Environment
• Project coordination / Management
• Research Environment
• Risk Management
• Financial Analysis
• Intelligence analysis
• Law Enforcement

PRIMARY PURPOSE OF THE JOB

To engage with supervisory bodies and regulated institutions to monitor and enhance the level of compliance related to Money Laundering, Terrorism Financing and other financial offences in accordance with the Financial Intelligence Act and relevant international legislation.

DUTIES

• Provides guidance and direction to supervisory bodies and regulated institutions regarding compliance obligations stipulated in the Financial Intelligence Act

• Responsible for research activities and compilation of statistics

• Manages the sanctions mechanisms in cases of serious failures to report suspicious transactions

• Coordinates cooperation and exchange of information with supervisory bodies on compliance matters

• Works with professional associations in improving sector compliance and offers training to improve reporting

• Coordinates all projects undertaken by the Financial Intelligence Agency including Typologies undertaken by the Agency in conjunction with International bodies

• Develops annual strategic and prevention plan

• Develop a sound understanding of various regulated institutions and sectors under Financial Intelligence Act

• Identify problems and issues within industry sectors and formulating strategic solutions/interventions

• Monitor domestic developments which impact on the control measures to combat money laundering and terror financing

• Consider and report on possible strategic prevention initiatives and responses

• Critically assess the need for guidance to supervisory bodies, regulated institutions and sectors on the application of the FI Act

• Develop the industry guidance scope and prepare guidance notes/standards for approval and publication

• Build, manage and maintain professional relationships with relevant supervisory bodies, regulated institutions and accountable institutions

• Work closely with the analysis, legal and monitoring departments to deliver on strategic output

• Provide assistance in responding to queries from the public and stakeholders on the implementation of the FI Act

• Provide assistance to compliance training and public awareness initiatives

• Monitors the implementation of divisional budget

• Undertakes any other related duties as assigned by management.

KEY COMPETENCIES
Analytical and Strategic Thinking
Communicating Effectively
Innovation and Driving Change
Deciding and Initiating Change
Supervision and Accountability
Personal Integrity
Planning and Execution
Teamwork and Partnering
Delivering Quality Service

APPLICATIONS: Applicants should quote the number of the vacancy circular and provide the following details:

(b) A detailed Curriculum Vitae (CV)
(c) Certified copies of relevant certificates, Omang, and names of two (2) referees
(d) In case of serving public officers, date of first appointment, present post (with salary scale) and date of appointment thereto.

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