IDLO is the only global intergovernmental organization exclusively devoted to promoting the rule of law to advance peace and sustainable development. IDLO works to enable governments and empower people to reform laws and strengthen institutions to promote peace, justice, sustainable development, and economic opportunity. For over 33 years IDLO has supported emerging economies and middle-income countries to strengthen their legal capacity and rule of law framework for sustainable development and economic opportunity. IDLO enjoys Observer Status at the United Nations General Assembly. Its headquarters are in Rome, with a Branch Office in The Hague, liaison offices for the United Nations in New York and Geneva, and Country Offices in Afghanistan, Honduras, Indonesia, Kenya, Kyrgyzstan, Liberia, Mali, Mexico, Mongolia, Myanmar, the Philippines, Somalia, Tajikistan, Tunisia, Uganda, and Ukraine.
ABOUT FINANCIAL REPORTING CENTER
The Financial Reporting Centre (FRC) was established under Article 20 (1) of Somalia’s Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) Act of 2016 to serve as Somalia’s Financial Intelligence Unit (FIU) responsible for receiving, requesting, analyzing and appropriately disseminating information concerning money laundering and terrorist financing.
The role of the FRC is to help rebuild the trust in the Somali financial system and promote the confidence level of international banks and governments in the Banks and Money Transfer Businesses (MTBs) that operate in Somalia by preventing Banks and MTBs from being used for money laundering and terrorism financing. The FRC does this by:
- Issuing regulations, providing guidance and feedback to relevant ministries and agencies as well as reporting entities in AML/CFT regime.
- Designing and implementing compliance monitoring and enforcement systems for sectors that lack designated supervisory authorities.
- Imposing proportionate, dissuasive, and effective administrative sanctions and penalties.
- Representing the country in national, regional, and global meetings, forums, and organizations that focus on AML.CFT issues.
- Signing and implementing the memorandum of understanding and other agreements with foreign financial intelligence units.
THE ASSIGNMENT
IDLO under the FRC Technical Support Project is providing targeted assistance and support to the FRC including the provision of several mentors to strengthen the capacity of the FRC to regulate the financial sector and function as an effective and high-performing FIU capable of detecting, preventing, and deterring money laundering and terrorist financing in Somalia’s financial systems.
IDLO is seeking to recruit a Financial Crimes Investigation Support Officer that will be recruited into and embedded within the Financial Reporting Centre’s Office in Mogadishu for an initial duration of 12 months with the possibility of further extension subject to performance and availability of funding. She/he will work under the primary supervision of the Director of the FRC and will:
- Develop financial crime intelligence and support the FRC in conducting investigations;
- Provide specialist financial investigation advice and assistance to the FRC investigation team;
- Undertake money laundering investigations as guided by the FRC management;
- Prepare reports on money laundering/terrorism financing and other organized crimes;
- Compile intelligence statistics and reports;
- Assist the FRC investigation team with the preparation of analytical documentation such as crime maps, suspect profiles, and link charts;
- Provide financial investigation training to strengthen the investigative capacity of the FRC, law enforcement, and prosecutorial agencies to successfully conduct financial investigations and financial disruption operations to combat terrorist financing and other technology-enabled financial crime;
- Liaise with government departments, law enforcement agencies, legal teams, and court officers as required, throughout the financial investigation process;
- Support the FRC to develop and strengthen collaboration with law enforcement partners;
- Carrying out research on emerging trends and methods of money laundering and terrorism financing and other organized crimes; and
- Prepare a variety of written outputs and file monthly reports concerning the work and performed activities; and
- Perform other work-related duties as required.
IDEAL CANDIDATE PROFILE
Education/Work experience
- Bachelor’s degree Criminology, Law, Public Administration, Commerce, International Relations, Social Sciences or relevant discipline;
- Masters’ degree in a relevant field from a recognized institution will be an added advantage;
- 5-7 years of professional experience in either Anti-Money Laundering, Counter-Terrorism Financing, economic and commercial crimes investigations or other organized crimes investigations;
Specific knowledge, skills, and competencies
- Good knowledge and understanding of all aspects of financial crime investigation, including knowledge of money laundering and terrorist financing typologies;
- Excellent writing and editing, verbal communication, and interpersonal skills;
- Strategic thinker, ability to investigate complex and specialized information and present in plain language;
- Proven history of managing complex environment on financial crime Investigation;
- Strong verbal, written communication, investigation skills, and presentation skills;
- Strong strategic planning skills and people management experience
- Experience in Somalia or working in high-risk environments and under stressful conditions is highly desirable;
- Strong communication and interpersonal skills, and the ability to develop excellent relations with Somali counterparts and donor officials;
- Ability to live, work, and travel in Somalia.
Languages
- Fluency in written and spoken English.
- Fluency in Somali is desirable.
DISCLAIMER AND CLOSING DATE
The above statements are intended to describe the general nature and level of the work being performed by the Contractor assigned to this work. This may not be an exhaustive list of all duties and responsibilities.
All applications will be treated with the strictest confidentiality and in compliance with IDLO’s policy on personal data protection.
The Director-General of IDLO reserves the right to amend and change responsibilities or even to cancel the recruitment to meet business and organizational needs as necessary.
Application deadline: 14 December 2021 (23:59hrs Rome Time).