Financial Intelligence Unit Supervisor

Role based in Nauru, Attractive regional remuneration package, 3 year contract.

Naurus Financial Intelligence Unit (Unit) was established in 2008 under the Anti-Money Laundering Act 2008 to exercise all of the powers, duties and functions of the Unit as required under the Act..

The Unit ensures that financial institutions comply with their obligations under the Act. It is responsible for receiving and analysing suspicious transaction reports. In addition, the Unit may issue guidelines and provide training to financial institutions in relation to customer identification, record keeping, reporting obligations and identification of suspicious transactions.  Work is expected to be performed with utmost confidentiality, a considerable degree of initiative and independent judgment.

The Head of the Unit is the Financial Intelligence Unit Supervisor. The Supervisor has three direct reports under their supervision. This position suits a person who has a hands-on experience. The Supervisor and the officers exercise all the powers, duties and functions of the Unit under the Act.

Key responsibilities:

The duties and responsibilities of the Financial Intelligence Unit Supervisor is prescribed in the Act and will include, but not be limited to, the following:

Work closely with the Asia Pacific Group (APGML) on Money Laundering to ensure that FATF requirements and anti-money laundering policies and initiatives are implemented;

Ensure international coordination in respect to information exchange framework;

Work towards Naurus membership with Egmont Group of FIU;

Liaise with local and foreign law enforcement authorities to collect intelligence and information for analytical purposes;

Administer and implement the requirements of Naurus Anti-Money Laundering (AML) Act 2008;

Develop, implement and manage FIUs operational work plan;

Develop relevant and up to date AML policy guidelines, regulations, and procedures;

Ensure financial institutions understand, implement and are compliant with their roles under the AML Act and on-going supervision of financial institutions in this regard;

Ensure domestic coordination with law enforcement agencies in respect to information exchange framework;

Coordinate and drive the AML working group;

Conduct credibility checks for the government in respect of foreign investors;

Manage the Suspicious Transaction Reporting (STR) reporting systems and cross-border currency reporting framework;

Generate activity patterns, investigate leads and identifies future behaviour from STR;

Manage and ensure a secure financial intelligence management database system; and

Assist law enforcement agencies with investigative financial information requests; and other requests relating to ML investigations.

Skills and experience 

Candidate must possess an undergraduate degree in Accounting, Finance, Economics or Law with commercial or banking background mandatory..

Experience with Anti-Money Laundering work and an understanding of the Financial Action Task Force recommendations. Previous work experience in a similar position will be an advantage.

Conditions:

3-year employment contract that will be probationary for the first 6 months

An attractive regional remuneration.

10 days sick leave per annum

3 days special leave and 20 days annual leave after completion of 12 months of service

Accommodation rent free furnished accommodations

Fully funded airfare to Nauru from place of recruitment at commencement and conclusion of contract.

Other terms and conditions for the position will be discussed during the interview with shortlisted candidates.

by 2nd December 2019.

Eigigu Solutions Corporation is an equal opportunity employer.

25/11/2019 $0 Brisbane 1 Accounting
Apply for this job

Option 1: Use this option if you want to upload a new cover letter and a Resume file

Apply Now ! Send Your Resume