The purpose of this job is to plan, lead and conduct inspections in terms of the FIC Act; oversee the administration of the inspection process; and provide guidance and advice to Supervisory Bodies.

KEY PERFORMANCE AREAS: Research and identify suitable accountable and reporting institutions for inspections, utilising the risk base approach. Conduct inspections on accountable and reporting institutions to assess the levels of compliance with the provisions of the Financial Intelligence Centre Act 38 of 2001 (the FIC Act). Correctly assess the levels of compliance with the FIC Act by accountable and reporting institutions. Collect and maintain the integrity of information evidencing the levels of compliance with the FIC Act. Draft and process inspection reports detailing the level of compliance by inspected institutions. Recommend appropriate remedial action to remedy any non-compliance. Conduct research on domestic and international AML ...