NON-FINANCIAL ENTITIES OFFICER
ECOWAS Commission, Dakar, Senegal
Closing Date for Applications:
- Under the supervision of the Principal Officer, Financial Institution and Non-Financial Entities, the incumbent shall be responsible for the following:
ROLE AND RESPONSABILITIES
- Participate fully in GIABA mutual evaluation exercises and draft reports on sections of the mutual evaluation reports (MERs) covering relevant FATF Recommendations and Immediate Outcomes;
- Participate in GIABA assessors training; pre-assessment training; training on FATF Standards and Methodology organized for Member States;
- Analyze follow up reports submitted by Member States;
- Undertake the identification, design and implementation of capacity building activities in the financial sector;
- Organize capacity building activities Designated Non-financial Businesses and Professions (DNFBPs), Nonprofit Organizations (NPOs), faith-based organizations (FBOs), Self-regulatory Bodies (SRBs) and other non-state actors involved in AML/CFT in Member States
- Assist in the development and revision of AML/CFT operational framework of Member States at national, regional and international levels for non-financial institutions;
- Participate in other capacity building activities organized by other units or divisions;
- Provide inputs into revision of FATF Standards; Methodology; Guidance and Best Practice papers; Universal ME Procedures; and GIABA ME Processes and Procedure and other instruments for the purpose of improving the AML/CFT compliance by Member States
- Provide inputs for the production of draft reports for GIABA Statutory meetings (TC/Plenary; GMC and any other fora)
- Provide inputs into GIABA Annual reports, Strategic Plans; Annual Work Plan or any other relevant publications of GIABA and/or Members of the AML/CFT Global Network
- Support in the liaison with relevant regulatory and supervisory institutions in Member States in carrying out the work of GIABA, including providing training and other capacity building measures to ensure effective compliance with AML/CFT standards;
- Establish a comprehensive/updated database of stakeholders in the non-financial sector of member States;
- Provide technical assistance to relevant sectors in the non-financial sector at national and regional levels with a view to enhancing coordination among operators and between the Secretariat and operators in the financial sector in the implementation of preventive AML/CFT measures;
- Participate in the technical assistance needs assessments of Member States in the area of non-financial sector issues relating to AML/CFT compliance.
- Perform any other task as maybe assigned.
ACADEMIC QUALIFICATIONS AND EXPERIENCE
- Bachelor’s degree in economics, law, banking and finance or any other relevant discipline in the social sciences obtained from any recognized university;
- 5 years of progressively responsible experience in AML/CFT and risks monitoring;
- Knowledge of the AML/CFT strategic surveillance operational framework and FATF standards and instruments used in conducting national risk assessment.
- Knowledge and understanding of the relevant aspects of money laundering, combating terrorism finance (AML/CFT), proceeds of crime, mutual legal assistance in criminal matters, and extradition legislation.
- Knowledge and understanding of relevant international instruments, including ECOWAS treaties, Security Resolutions and Conventions relating to money laundering and the financing of terrorism
- Ability to foster regional and international contacts and cooperation for the continuous monitoring of risks in GIABA member states and to the effective operation of a country’s AML/CFT/financial/economic regime.
- Ability to persuade/influence others to consider a certain point of view, adopt a new idea or implement new methods and practices;
- Ability to lead a team of trainees/junior staff and instill a spirit of teamwork to engage employees and achieve a well-defined set of activities;
- Ability to respect chain of command in an appropriate manner;
- Ability to resolve challenges that occur with minimal direction and/or to recommend and explain solutions or alternatives for approval;
- Ability to utilize the Code of Ethics to manage self, others, information and resources;
- Ability to mentor others and create feedback loops with supervisors, colleagues and the Subordinates to build strong working relationships and improve performance.
- Contribute to maintaining organizational unit’s performance goals and standards.
- Be below 50 years old. This provision does not apply to internal candidates.