Financial Intelligence Centre (FIC): Internships (Law, Commerce, Computer Science, IS Graduates)

Position Title: Graduate: Compliance and Prevention

During the Graduate Development Programme (GDP), the graduate will be exposed to the various Sections within the Compliance and Prevention Division in order to gain practical experience covering aspects of guidance, public awareness, compliance monitoring, compliance systems and inspections.

The graduate will be required to:

• Assist with general and industry FIC Act compliance and ML/TF/PF risk related research
• Draft opinions on FIC Act compliance and ML/TF/PF risk related matters under guidance
• Assist in responding to public and stakeholder queries on the FIC Act compliance and AML/TF/PF risk matters within prescribed timelines
• Assist with preparation of compliance and ML/TF/PF risk related presentations to identified stakeholders
• Assist with the administration and preparation of inspections under guidance, including the assistance of remedial action follow up
• Respond to general public queries (written and call centre queries) in accordance with the FIC Act and general AML/CTF/CPF principles
• Attend to inbound and outbound calls where required
• Assist with compliance awareness initiatives
• Monitor the registration and reporting data filed by accountable and reporting institutions
• Compile and analyse registration and reporting statistics to identify AML/CTF/CPF compliance trends and issues
• Attend external and internal meetings as an observer
• Prepare meeting packs and draft meeting minutes of stakeholder meetings, within prescribed timelines and format
• Assist with compliance reviews of identified entities, within specified timelines
• Assist in reviewing and revising risk-based compliance research papers of existing and new industry sectors or stakeholders, including universe, scope and industry ML/TF/PF risks.
• Draft and update entity fact sheets
• Conduct desk top reviews relating to entity registration and reporting profiles within prescribed timelines
• Assist with registration data clean-up
• Assist with general administrative tasks as issued from time to time
• Attend bi-weekly graduate meetings and provide feedback on assigned work and research topics, including the interpretation of the FIC Act and internationally /CFT/CPF best practices, workstream rotations and learnings
• Adhere to administration and record management policies/procedures within the FIC
• Attend learning interventions with the view of developing a sound understanding of the FIC Act, international AML/CFT/CPF best practice and ML/TF/PF risks.

Requirements:

• University Degree in:

1. Law,
2. Commerce
3. Computer Science / Information Systems

• Excellent communication skills (written and oral)
• An intermediate to advanced level of computer literacy including MS Word, MS Access, MS Projects, MS Power Point