AML COMPLIANCE OFFICER | Namfisa

AML COMPLIANCE OFFICER

Opportunity | Duty Description

JOB PURPOSE:
The purpose of this position is to monitor and supervise compliance with the provisions of the Financial Intelligence Act, 2012 (Act No.13 of 2012) (“FIA”), the Prevention and Combating of Terrorist and Proliferation Activities Act, 2014 (Act No.4 of 2014) (“PACOTPAA”) and subordinate instruments, and to liaise with all relevant bodies and stakeholders in executing NAMFISA’s AML/CFT/CPF supervision mandate in line with the organizational strategic objectives

Opportunity | Duty Requirement(s)

KEY ACCOUNTABILITIES:

• Assess Accountable Institutions (AIs) and Reporting Institutions (RIs) to identify Money Laundering (ML), Terrorist Financing (TF) and Proliferation Financing (PF) risks and develop risk profiles of AIs and RIs;
• Ensure AML/CFT/CPF measures adopted by AIs and RIs commensurate with the ML, TF and PF risks;
• Conduct risk-based AML/CFT/CPF onsite and offsite inspections in line with inspections plan and procedures
• Compile AML/CFT/CPF compliance assessment reports;
• Assess progress of AIs and RIs on remediation and compile feedback reports;
• Identify non-compliance of AIs and RIs and recommend proportionate and dissuasive enforcement actions;
• Prepare input for various reports including the bi-annual report to the FIC on NAMFISA’s AML/CFT/CPF supervisory activities
• Prepare input for the AML/CFT/CPF annual supervisory plan
• Provide guidance or training to AIs and RIs to amongst others enhance understanding of AML/CFT/CPF obligations;
• Ensure regular interaction with AIs and RIs to amongst others identify compliance challenges; and
• Ensure regular interaction with the Financial Intelligence Centre (FIC).

QUALIFICATIONS AND EXPERIENCE:

• Bachelor’s degree with special emphasis in the areas of auditing, law, business and/or finance (i.e. project management, accounting and economics);
• Three (3) years AML compliance experience;  and
• Certification in Anti-Money Laundering (AML) will be an advantage.

KNOWLEDGE OF:

• In-depth knowledge of FIA, PACOTPAA and subordinate instruments
• Money Laundering environment
• FATF recommendations and methodology
• NAMFISA’s regulated industries

SKILLS:

• Excellent presentation skills
• Excellent interpersonal skills
• Ability to interpret legislation
• Policy development
• Advanced computer application skills
• Networking skills
• Assertiveness
• Problem solving skills
• Research skills
• Compliance Management

Closing Date: 24-11-2020

Email Address: hr@namfisa.com.na

Enquiries: Ms. M. Damon

Phone #: 061-2905290

Email Address: hr@namfisa.com.na