Director, Financial Intelligence Unit

The Government of Montserrat is inviting applications from suitably qualified persons for the post of Director, Financial Intelligence Unit.

JOB PURPOSE

The Director is responsible for the administration and management of the Financial Intelligence Unit. The Unit’s main functions are to: 

• Receive, gather, store, analyse and disseminate information relating to suspected proceeds of crime, potential money laundering and money laundering offences, potential terrorist financing and terrorist financing offences; 
• Conduct inquiries for the purposes of gathering information under the Financial Intelligence Unit Act, the Proceeds of Crime Act or any other enactment;
• Request, access, exchange, receive, process, maintain, correlate, store, analyse, interpret and provide feedback on information received through disclosures, suspicious transaction reports and suspicious activity reports; 
• Investigate money laundering and terrorist financing offences;
• Conduct operational analysis and strategic analysis of information received and held by the Unit.

In administering and managing the Unit, the Director is responsible for:

• The day-to-day management of the affairs of the Unit; 
• The discharge of the Unit’s functions and the exercise of its powers; 
• Undertaking any activity or entering into any arrangement which, in the Director’s opinion, is incidental or conducive to the proper performance of his/her functions; 
• Formulating and implementing management guidelines and policies to include the drafting an annual plan for the control and prevention of money laundering, terrorist financing, proliferation financing, cybercrime or other financial crimes; 
• Publishing annually, statistical information relating to disclosures made to the Unit and any dissemination of such disclosures by the Unit;  
• The discharge of all functions and powers as required by the FIU Act or any other related legislation.

KEY RESPONSIBILITIES

• Leadership of the Financial Intelligence Unit
• Overall responsibility for the development and implementation of plans and targets to deliver a high quality financial intelligence service in accordance with the statutory obligations of the FIU; 
• Ensuring that the statutory objectives of the FIU are fully met; 
• To work closely with all bodies on Montserrat involved in the reporting, regulation, investigation and prosecution of AML/CFT/TF/PF, cyber and financial crime in order to raise the standards of identification of suspicious activity reporting and to support public and private sector organisations improve the identification and reporting of suspicious activity and improve compliance with their reporting obligations;
• Develop opportunities for proactive engagement and the building of strategic and productive relationships with relevant international groups and organisations, e.g. Egmont Group, other FIU Administrations, CFTAF, regional and international Law Enforcement Agencies; 
• To participate in the work of international groups and organisations and to represent Montserrat and the FIU in international fora;
• Administration and Performance Management
• Overall management of the Unit; 
• Monitoring and evaluating the performance of FIU staff against agreed targets; 
• Establishing and maintaining a strong professional culture within the Unit; 
• Ensuring that all processes and procedures of the FIU are understood and adhered to by all stakeholders; 
• Implementing annual staff development plans for assigned staff; 
• Recommending new hirings and staff deployment ensuring that all staff receive appropriate ongoing training;
• Exploiting new technology to improve the quality of financial intelligence and in doing so, enhance the investigation and prosecution of predicate crimes and better manage intelligence gathering and dissemination; 
• Producing FIU strategic reports and contributing to the NRA of Montserrat.
• Resource Management
• As Accounting Officer of FIU, make representations in line with standard budgetary procedures to ensure that the FIU has sufficient financial resources to fulfil its mandate; 
• Ensure that financial resources are properly managed and deployed according to financial management procedures; 
• Maximise available financial and human resources to fully achieve the objectives and mandate of the unit;
•  Specialist advice and Guidance 
• Provide specialist and impartial advice, support and guidance to the Supervisory Board, The Governor and the Government of Montserrat on the formulation of strategies, policies and the work of the FIU;
• Identify opportunities for the FIU to improve its effectiveness in the AML/CFT/TF/PF/Cyber crime environment; 
• Ensure that mechanisms are in place to track and account for all information received or distributed by the Unit; 
• Promote the efficiency and effectiveness of the FIU and the probity and integrity of the Unit’s staff;
• Regularly review all FIU operations to ensure that all investigation, detection and enforcement actions are consistent with the provisions of the law; 
• Develop and implement tactical and strategic intelligence models and exchange intelligence with other jurisdictions;
• Work with national, regional and international law enforcement agencies. 
• General Note 
• The work of the Director of the FIU will be on going. The roles and functions as outlined are not exhaustive and the list of duties is not expected to be inflexible. The specific duties are likely to change and expand as the general understanding of all the Public and Private stakeholders grow in relation to the work of the FIU. The role and functions of the director would also shift to address any areas of risk and vulnerability Montserrat has in the areas of AML, CFT, Terrorist financing and other financial crimes. 
• The work of the FIU is highly specialised and confidential. The Director and all staff are required to perform with the highest level of personal integrity and confidentiality.

PERSONNEL SPECIFICATIONS

The applicant should possess:-

• A Bachelor’s Degree or equivalent in Law, Business Administration, Finance, Economics, Accounting or another related field; 
• Experience required at a senior management level in a legal, law enforcement, financial or compliance field with proven abilities to manage a department; 
• Experience dealing with financial crime or financial intelligence relate work;
• Experience and/ or qualifications in a legal or law enforcement field is desirable; 
• Experience of both managing and leading a team;  
• Experience or knowledge of criminal or civil law case file preparation and management. 
• Able to make valued fast-time judgements that are accountable
• Sound knowledge of both primary and secondary legislation and the policies dealing with AML/CFT/TF/PF; 
• Comprehensive knowledge and understanding of the regulatory framework and compliance requirements associated with AML/CFT/ TF/PF.  Good experience working with those standards is desirable;
• Knowledge of regional and International treaties, agreements and conventions in relation to AML/CFT/TF/PF is essential; 
• A high level of personal integrity and professional ethics is essential; 
• Excellent analytical, report writing and communication skills; 
• The ability to establish and maintain effective and harmonious working relationships with associates and the public; 
• Excellent analytical, skills;
• Effective oral and written communication skills; 
• Ability to work under pressure and within critical timeframes

SALARY AND ALLOWANCES

The position attracts a competitive salary, comparative to other positions with such high responsibility levels, and remuneration package. Relocation support would be offered if required.