Job Description Job Title: Business Unit: Business Group: Branch: Reporting to: Location: Salary Range/Grade Senior Compliance Officer Financial Integrity Regulatory Services Policy, Regulation and Ethnic Affairs Branch (PREA) Manager Financial Integrity Auckland and Wellington TBC Purpose The purpose of the Senior Compliance Officer role is to: Key Tasks Support the outcomes of the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (the AML/CFT Act) through delivering a robust, comprehensive and consistent approach in supervision and compliance monitoring of the regulated sector. Support regulated businesses (reporting entities) in their efforts to comply by providing timely and quality guidance and advice. Exercise sound judgement in advising on appropriate regulatory interventions. Support the Manager Financial Integrity in the day-to-day management of the team s activities and contribute to the development of the Unit s strategies, processes, risk models and work programmes Leadership The Senior Compliance Officer is responsible for managing the day-to-day delivery of the Department s AML/CFT compliance monitoring and investigations function including leadership of others and the requirement to represent the Department in engagements with partner agencies and key sector stakeholders Key Tasks Manage day-to-day compliance monitoring and investigation activity in the Financial Integrity team. Work closely with the Manager to build an effective and integrated compliance team.
Provide coaching and mentoring to staff undertaking compliance and enforcement activities and identify training gaps and interventions to enhance the unit s capability. Assist in the recruitment of high performing staff for the team. As required, coordinate and/or lead cross-unit, inter-regional or cross-agency teams on specific operations/workstreams. Be a leading subject-matter and technical expert, applying high-level analytical and investigative skills and specialist expertise to support decision making. Provide robust advice and technical expertise to support effective strategic and business planning. Ensure effective communications occur both vertically and horizontally within the team. Work Programme Management Maintain an up-to-date understanding of the purpose and outcomes of the Department s functions under the AML/CFT Act and how AML fits into broader Government outcomes and strategies. Contribute to the development of the Department s AML/CFT strategy and outcomes. Work closely with the Manager to co-ordinate the development of the team s work programmes and operational practices, ensuring they reflect Branch strategy and are deliverable within the available resources. Plan and manage day-to-day activities and projects, organising tasks to make the best use of time and resources, and focusing on key objectives and outcomes. Lead or contribute to ensuring that the Unit s policies and procedures reflect the intent of legislation and regulation, and represent current best practice. Compliance monitoring and analysis Undertake reviews of reporting entities including analysing annual reports and other documentation and undertaking site visits to assess compliance with the AML/CFT Act, in accordance with relevant procedures and/or audit models. Produce compliance monitoring reports with appropriate recommendations, in accordance with relevant performance indicators. Contribute to the identification, collection and sharing of intelligence related to people, events and organisations in the regulated sector and help ensure that staff actively collect, collate and disseminate intelligence related information within the team, across Regulatory Services, and where relevant to other regulatory and law enforcement agencies. Investigations Assess complaints, intelligence and compliance monitoring information and make recommendations on whether investigations are required. Carry out investigations, or assist the Investigations Unit, in accordance with relevant processes and performance indicators. Participate in and/or lead cross-agency and cross-functional investigations. Enforcement actions and prosecutions Make informed recommendations resulting in effective and proportionate interventions to address non-compliance. Complete any sanction actions initiated in accordance with relevant processes and performance indicators.
Prepare quality prosecution and other court files in accordance with agreed templates, guidelines and timelines Relationship Management and Communications Build effective relationships within the sector and with other stakeholders, such as industry groups and AML/CFT business consultants, to appropriately influence compliance. Build effective working relationships with management and staff within the Financial Integrity Unit, across the wider Regulatory Services Group and DIA, and with key partner agencies, in order to share information and contribute to a coordinated and consistent approach to AML/CFT regulation. Prepare and deliver formal presentations to sector groups and actively take opportunities for informal education of reporting entities. Provide sound and lawful advice and information across all regulated sectors. Actively work to understand diverse business practices and cultures across a range of business sectors. Appropriately influence reporting entities to develop effective risk-based compliance programmes within their businesses. Demonstrate sensitivity to business stakeholders where cultural differences or language barriers are present. Risk Management Identify and actively manage business risks, reporting on risk and escalating action where appropriate. Implement effective problem solving techniques to manage risk. Contribute to the risk profiling of reporting entities and the AML/CFT National and Sector Risk Assessments. DIA Contribution Participate in annual business and strategic planning processes. Use resources responsibly for the benefit of the Group and the Department Participate in Department, Group and Unit development initiatives Undertake appropriate professional development; maintain currency of professional expertise in order to maintain or build credibility Undertake other tasks that the Department may reasonably require Contribute to the promotion and effective implementation of changes to policy and procedure for the benefit of the Department Health & Safety Take personal responsibility for keeping self free from harm. Follow safe working procedures. Report incidents promptly. Report hazards promptly and suggests appropriate remedies. Know what to do in the event of an emergency. Co-operate in implementing rehabilitation plans. Key Relationships
Key Relationships and Nature of Interaction Advise Collaborat e with Influence Inform Lead Deliver to Negotiate Internal Manager Financial Integrity Staff of Financial Integrity Team Other Regulatory Services managers, team leaders and staff External Minister of Internal Affairs Reporting entities. Sector interest groups Sector service providers Key AML/CFT agencies (e.g. Ministry of Justice, Reserve Bank, Financial Markets Authority, Police) Law enforcement agencies (e.g. OFCANZ, Police, SFO, international law enforcement International regulatory agencies Accountabilities/Delegations Staff management Number of direct reports Nil Delegations Human Resources Delegations Financial Delegations Nil Nil Security clearance Level To be confirmed
Person Specification Experience Knowledge Knowledge and a sound understanding of regulatory and compliance functions and purpose Skills Experience/qualifications in one or more of the following: business compliance monitoring/audit/investigation; criminal/fraud investigation; forensic accounting; risk management; business analysis; law. Proven experience in working in a regulatory and compliance function/role Demonstrated competence in the application of risk-based compliance monitoring Demonstrated competence in investigations and in preparation of evidential or factual accounts. Experience in providing training, coaching and mentoring to staff and/or work colleagues Ability to interpret legislation and other technical information and apply it in an operational context Demonstrated ability to plan and organise work programmes and work loads effectively Ability to engage with and influence a diverse range of stakeholders. Good computer literacy skills. Education and Professional Memberships A relevant tertiary qualification is highly desirable Other High standards of integrity and ethical conduct. The appointee will be subject to police and credit clearance and an appropriate level of security clearance before an appointment is made. 20 years of age or over as entry to casinos may be required. A clean current driver s licence. Willingness to undertake fieldwork and travel.
Competencies The Competencies** required for this role consist of both core Departmental and job specific competencies. The core competencies are shown below in italics. Each competency falls within a competency cluster, which are broad themes of skills, behaviours and abilities. Competency Cluster Integrity Intelligence Edge Emotional Maturity Managing Complexity Talent to Execute Positive Energy Managing and Developing People Managing Diverse Relationships Achieves Effectiveness for Maori Competency Integrity and Trust Ethics and Values Learning on the Fly Decision Quality Conflict Management Self Knowledge Composure Problem Solving Managing and Measuring Work Organising Planning Priority Setting Written Communications Perseverance Motivating Others Developing Direct Reports and Others Building Effective Teams Interpersonal Savvy Managing Diversity Effectiveness for Maori (Level 3) *With the exception of Achieves Effectiveness for Maori, the competencies DIA uses are derived from the Competency Sort Cards developed and copyrighted by Lominger Limited, Inc. No part of the Lominger competencies may be used, reproduced or transmitted in any form or by any means, by or to any party outside of The Department of Internal Affairs. **Competency descriptors can be found on the DIA intranet (1840) or by contacting your hiring manager Approved: Date: Name: Position: Signature: