DIRECTOR GENERAL – Financial Intelligence Authority (FIA)

Key Responsibilities

• Steer the strategic direction of the FIA
• Positioning the FIA strategically in accordance with its mandate;
• Maintaining high level contacts with relevant stakeholders including law enforcement agencies, supervisory authorities, self-regulatory bodies and reporting institutions
• Developing appropriate coordination and cooperation strategies for effective enforcement of the FCA; and
• Leading the growth of the organisation’s capacity including operations, human, financial and other resources.
• Provide leadership to the FIA
• Providing guidance and leadership on core functions of the FIA which include receipt of financial information, analysis, and dissemination of financial intelligence;
• Overseeing implementation of measures to ensure accountable institutions comply with the FCA;
• Leading in enforcement of sanctions on non-complying accountable institutions;
• Developing and managing partnerships and collaboration with other Financial Intelligence Units for purposes of benchmarking and sharing of best practices;
• Coordinating, managing and supervising departmental heads to ensure effective functioning of the FIA;
• Developing short and long-term organizational goals and objectives as well as policies and procedures for the FIA;
• Providing leadership, guidance and direction to ensure timely and effective execution of planned activities
• Provide advice and recommendations to the Minister of Finance on all matters relating to the authority and the implementation of the Financial Crimes Act
• Advising and appraising the Minister on trends, patterns and developments emerging in relation to implementation of the FCA;
• Leading the development of periodic operational reports and submitting to the Minister;
• Providing special reports and guidance to the Minister regarding particular domestic developments relating to money laundering and other financial crimes; and
• Appraising the Minister on Malawi’s regional and global commitments that require policymakers’ action and participation in international engagements that requires the Minister’s noting.
• Ensure that the FIA’s departments are carrying out their functions according to plans
• Leading the development of annual work plans by the departmental heads and individual staff members;
• Leading the annual appraisal of staff members;
• Ensuring that there are proper mechanisms to track implementation and achievements of planned medium-term and short-term activities.
• Appoint other employees
• Exercising oversight over all aspects of human resource management including but not limited to hiring and termination, staff promotion, staff motivation and retention, and ensuring that staff have the appropriate skills to perform their duties; and
• Liaising with the Minister of Finance, Economic Planning and Development, and the Department of Human Resources Management and Development on recruitment of new staff.
• Manage the resources of the FIA
• Safeguarding the resources of the FIA in accordance with FCA, Public Finance Management Act, Public Procurement and Disposal of assets Act, and Public Audit Act; and
• Overseeing all accounting functions of the FIA including auditing, budgeting, financial analysis, capital asset and property management and payroll in accordance with generally accepted accounting principles, Public Finance Management policies and procedures, and all other applicable rules and guidelines.

Requirements

• Master’s degree in Law, Banking and Finance, or Business Administration.
• A PhD in either of the above would be an added advantage.
• Working experience in Intelligence, Law Enforcement, Law, or Banking and Finance
• A minimum of ten (10) years’ post-qualification experience in a reputable organisation, of which at least five (5) must be in a senior management position.

How to Apply

Job Code: FIA1