DIRECTOR AML/CFT – Non-Bank Financial Institutions Regulatory Authority (NBFIRA) 537 views

OVERVIEW

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 sector. The Authority is inviting candidates with proven leadership capability, strong business acumen and impeccable integrity to apply for the following positions tenable in Gaborone:

DIRECTOR AML/CFT

 

Key Responsibilities

• The Candidate will be responsible for the following among others:
• Overseeing the formulation, review and implementation of relevant policies, strategies, rules, regulations, systems and procedures that are meant to facilitate the delivery of the department’s mandate
• Leading the budgeting, planning and control as well as periodic reporting of Department’s performance plans and targets
• Building, leading and motivating subordinates to advance into high performing team
• Ensuring that all regulatory activities are conducted in strict compliance with the governing laws
• Leading the development and continuous review of the legislative and regulatory framework that is consistent with international standards and effective in mitigating money laundering and terrorism financing risks
• Providing expert advice in the development of special investigative techniques for assessment of compliance
• Providing policy advice to the Deputy CEO and CEO on own areas of responsibility
• Ensuring that there is a close working relationship with sister departments within Regulatory Services and with key regulatory support Departments
• Establishing close cooperation and coordination among competent authorities in Botswana who are responsible for money laundering and terrorist financing investigations so as to obtain effective international cooperation including mutual legal assistance
• Adapting services to suit new or changing organisational needs and operations

Qualifications and Experience

The right candidate must possess the following

qualifications and credentials:

• At least a master’s in Economics, Statistics. Mathematics, Actuarial Science, Accounting, Finance, Business Management or related field from a recognized institution
• At least 12 years of experience post-qualification in regulation of financial sector, preferably with focus on AML/CFT
• This must include a minimum of 3-4 years in a senior management position

Key Competencies

• Strategic Planning and Execution
• Team Leadership
• Results Oriented
• Interpersonal Competence
• Conflict Management
• Communication
• People Management
• Stakeholder Management
• Coaching and Mentoring