Detailed description Back
The general objective of this intervention is to assist Government of Seychelles in reinforcing the capacity of the FIU to be in a better position to meet its national and international obligations and improve its reporting at international instances such as the Financial Action Task Force (“FATF”) through its FATF- Style Regional Body (“FSRB”) (ESAAMLG), the Egmont Group, the International Monetary Fund, the Organisation for Economic Co-operation Development, the European Union and World Bank.
To assist the FIU in building capacity within its core function and secondary functions through the:
- Assessment of current legal and regulatory framework and the extent to which the provisions allow safeguarding the autonomy and independence of the FIU;
- Provision of guidance, advice and support on internal structures, internal operational processes, procedures and systems within the core function;
- In the absence of the asset forfeiture functions, advise on effectiveness of the FIU in the delivery of its core role which is to ensure the effective implementation and effectiveness of AML/CFT system;
- Advise on the pertinence of entrusting two institutions (FIU and Police) with the mandates of investigating ML/TF bearing in mind resource capacities at the national level;
- Development and implementation of capacity building programme to mentor the staff within the core function of the FIU to acquire the necessary analytical capacity to conduct tactical, operational and strategic analysis, and produce quality financial intelligence reports as well as ML typologies and trends necessary to identify emerging ML/TF risks and inform the objectives of LEAs and the reporting entities. The ultimate intention of this objective is to ensure skill and knowledge transfer within the institution;
- Set up internal mechanism to ensure domestic cooperation and exchange of information between the FIU and LEAs. This will lead to detection by FIU? and prosecution of ML and associated predicate offences;
- Develop mechanism within the core and secondary function for the collection, manipulation, keeping and easy retrieval of statistics on the number of STRs and other reports received, analysed, and disseminations made as well as the results thereof, to enable the authorities to assess the effectiveness of financial intelligence and other information provided by the FIU to combat criminal proceeds and TF throughout the national AML/CFT system.
Qualifications and skills:
- At least a University Master’s Law Degree, or equivalent experience in financial intelligence, AML/CFT compliance, or financial investigations;
- Excellent communication skills in the English language.
General professional experience:
- Minimum 12 years of general professional experience with demonstrated experience working in the field financial intelligence, financial investigations or AML/CFT compliance.
Specific professional experience:
- Minimum of 5 years experience in financial intelligence focusing on strategic analysis;
- Proven experience of developing and implementing policies and procedures as it relates to financial intelligence, financial investigations or AML/CFT compliance;
- Proven experience in working with/in foreign jurisdictions;
- Good communications skills and demonstrated ability to build capacity;
- Either the Team Leader or the Expert 2 should possess the following:
- Financial/forensic and tax related crime intelligence/investigative background (experience working
with virtual currencies/new technologies will be a plus);
- Legal and/or forensic accounting background to assist in case analysis and development; and
- Development of ML typologies and trends necessary to identify emerging ML/TF risks;
- Familiarity with goAMLx a plus. Pl provide more details of the goAML.