Financial Crime Investigator

A well-known bank is looking for a Financial Crime Investigator to join their team in Pretoria.

In this role, you would investigate alleged contraventions with the Exchange Control Regulations, recoup capital exported from South Africa – in contravention of the Exchange Control Regulations and/or 419 fraud schemes – and enforce anti-money laundering legislation onto Authorised Dealers in foreign exchange with limited authority.

• Investigate basic, intermediate and complex matters involving alleged contraventions to the Exchange Control Regulations, 419 fraud schemes and anti-money laundering (AML) enforcement investigations for the approval of the signing officer.
• Support the signing officer/manager on Financial Intelligence Centre Act 38 of 2001 (FICA) inspections and assist other divisions, when required.
• Recoup/recover/regularise all capital lost as a result of alleged contraventions of the Exchange Control Regulations, and/or administer the collection, preservation and distribution of money and/or goods seized through the investigations.
• Conduct and/or facilitate research relevant to investigations and/or requests for information from internal and external stakeholders, submit reports on findings and make recommendations to the manager and relevant stakeholders.
• Assist legal practitioners with matters under litigation, including research, compiling reports and making recommendations, when required.
• Engage and assist internal and external stakeholders, by providing advice and training as well as supporting the signing officer/manager when representing the division.
• Stay current with developments, policies, procedures, and legislation propose and implement the refinement and continuous improvement of tools, methods and processes.
• Coach and provide on-the-job training to team members to expand their investigation knowledge and practices.
• Record all relevant information and correspondence regarding allocated investigations.
• Serve on relevant divisional/departmental/Bank project teams based on experience, skill and ability.

• Knowledge of, and experience in, the Currency and Exchanges Act 9 of 1933, Exchange Control Regulations, Currency and Exchanges Manuals and other relevant legislation.
• 5+ years’ experience in financial or related forensic investigations in the banking, financial and/or law enforcement environment.

• Bachelor’s degree in Law, Commerce, or Forensics (in the accounting or financial fields) or an equivalent NQF7 qualification

• Our client is offering a highly competitive salary for this role based on experience.