NBFIRA AML/CFT VACANCY ADVERTS

NON-BANK FINANCIAL INSTITUTIONS REGULATORY AUTHORITY

The Non-Bank Financial Institutions Regulatory Authority Act 2006 (amended in 2016) established the Non-Bank Financial Institutions Regulatory Authority (NBFIRA), to regulate and enforce compliance within the Non-Bank Financial Institutions sector in order to safeguard the stability, fairness and efficiency of the non-bank financial sector.

The Authority is in search of a qualified individuals to fill the positions below:

1. PRINCIPAL OFFICER – AML/CFT

Main Purpose of the Job

Reporting to the Head of AML/CFT you will develop and implement supervisory support strategies with regards to the Authority’s AML/CFT obligations through the collection, analysis and dissemination of suspicious transactions and activity reports from financial institutions and listed businesses to combat money laundering and terrorism financing.

Principal Accountabilities

• Attends to queries from the Public and Stakeholders on the implementation of the NBFIRA Act, Financial Intelligence Act and any other AML/CFT Legislation
• Advises stakeholders on anti-money laundering compliance issues
• Interprets, local, regional and international anti-money laundering policies recommendations and develops strategies for monitoring compliance
• Develops business specific anti-money laundering compliance programme
• Assesses compliance to statutory and regulatory requirements
• Assesses adequacy of the NBFI’s anti-money laundering compliance programmes
• Creates public awareness by training stakeholders on the implementation of the NBFIRA Act, Financial Intelligence Act and any other AML/CFT Legislation
• Develops solutions to potential issues involving compliance and regulatory risk

Position Requirements

• Master’s Degree in Economics, Finance, Accounting, Law, Business Management or relevant field in financial regulation
• Membership to a professional internationally recognized institute will be an added advantage
• Minimum of 8 years’ experience in a financial regulation environment; expert knowledge in AML matters

2. SENIOR AML/CFT OFFICER

Main Purpose of the Job

To implement supervisory support strategies with regards to the Authority’s AML/CFT obligation to ensure it meets objectives of deterring financial crime.

Principal Accountabilities

• Attends to queries from the Public and Stakeholders on the implementation of the NBFIRA Act, Financial Intelligence Act and any other AML/CFT Legislation
• Monitors reporting suspicious / unusual transactions of the Authority
• Advises stakeholders on anti-money laundering compliance issues
• Interprets regional and international anti-money laundering policies recommendations and develops strategies for monitoring compliance
• Develops business specific anti-money laundering compliance programme
• Develops customer identification program procedures
• Assess compliance to statutory and regulatory requirements
• Assess adequacy of organisation’s anti-money laundering compliance programmes
• Creates public awareness by training stakeholders on the implementation of the NBFIRA Act, Financial Intelligence Act and any other AML/CFT Legislation
• Develops solutions to potential issues involving compliance and regulatory risk

Position Requirements

• Master’s Degree in Economics, Finance, Accounting, Law, Business Management or relevant field in financial regulation
• Membership to a professional internationally recognized institute will be an added advantage
• Minimum of 5 years’ experience in a financial regulation environment; expert knowledge in AML matters

3. ASSISTANT ANALYST – AML/CFT X2

Main Purpose of the Job

To assist in development and implementation of supervisory support strategies with regards to the Authority’s AML/CFT obligation to ensure it meets objectives of deterring financial crime.

Principal Accountabilities

• Interprets, local, regional and international anti-money laundering policies recommendations and develops strategies for monitoring compliance
• Assist in the development and implementation of business specific anti-money laundering compliance programme
• Assesses compliance to statutory and regulatory requirements and compiles reports for the attention of the Supervisor
• Assists in assessing the adequacy of the NBFI’s anti-money laundering compliance programmes
• Creates public awareness by training stakeholders on the implementation of the NBFIRA Act, Financial Intelligence Act and any other AML/CFT Legislation
• Responds to enquiries and queries from the Public and Stakeholders on the implementation of the NBFIRA Act, Financial Intelligence Act and any other AML/CFT Legislation

Position Requirements

• Degree in Economics, Finance, Accounting, Law, Business Management or relevant field in financial regulation
• Masters and experience will be an added advantage
• Membership to a professional internationally recognized institute will be an added advantage

Interested candidates who meet the requirements should submit their applications, CV, certified copies of their academic qualification, and contact details of three (3) referees for the attention of the Chief Executive Officer to:

Email: recruitment@nbfira.org.bw

Or by post to:

Chief Executive Officer

NBFIRA

Private Bag 00314

Gaborone

Closing Date: 24^th May 2019. Only shortlisted applicants will be responded to.