Head of Internal Audit

The Government of Montserrat is seeking applications from suitably qualified persons for the position of National Risk Mitigation Coordination Officer, within the Legal Department.

The selected applicant will be responsible for taking the lead on co-coordinating Montserrat’s preparation for upcoming regional and international reviews.

Background

Montserrat as a self-governing territory of the United Kingdom and as such it is expected to meet several regional and international standards. These are design to promote good governance, reduce risk to residents, and bring the operations of the state in line with international standards in order to reduce any likelihood of adverse labelling to Montserrat and the UK by extension.

Montserrat is currently:

1. Full member of the Organization of Eastern Caribbean States (OECS)
2. Full member of the Eastern Caribbean Currency Union (ECCU)
3. Full member of the Caribbean Community (CARICOM)
4. Member of the Global Forum/ OECD
5. Member of Caribbean Financial Action Task Force (CFATF) subject to implementing the requirements in the Financial Action Task Force (FATF) 40 Recommendations and therefore Montserrat has several commitments and obligations to these organisations. Some of the reviews and assessment to rate compliance with these obligations are due to be undertaken within the next two years.  

Duties and Responsibilities

The Risk Mitigation Coordination Officer will be responsible for: 

1) Conducting an audit of all the work done so far in seeking to meet the obligations in advance of the upcoming reviews.

2) Coordinating the work of the Agencies/ Departments/ Ministries in preparation for the upcoming reviews.

3) Preparing the relevant reports identifying the gaps in the legislative framework; the deficiencies that exists between procedure and practices against international standards in respect of prevention and detection of money laundering and the financing of terrorist and the OECD standards for exchange of exchange of information,

4) Leading in the preparatory work to remedy the deficiencies and mitigate risks identified,

5) Be the focal point for local, regional and international stakeholders. 

Qualifications and Experience

As a minimum Applicants should possess: 

• A Bachelor’s Degree or equivalent in Law, Business Administration, Finance, Economics, Accounting or other related field;
• At least five (5) years’ experience required at a senior management level dealing with matters Taxation, Tax Transparency, Proceeds of Crime, Anti-Money Laundering and Terrorism Financing;  
• Sound knowledge of:
  • The FATF 40 Recommendations and Standards
  • OECD guidelines on Transparency and Exchange of Information for Tax Purposes
  • Proceeds of Crime legislation;   

• Knowledge of Regional and International treaties, agreements and conventions in the areas of Taxation, Tax Transparency, Proceeds of Crime, Anti-Money Laundering and Terrorism Financing would be an asset;
• have a working knowledge of, and ability to interpret the Laws of Montserrat;
• possess a working knowledge of, and an ability to interpret legislation, rules, regulations, agreements and other legal documents;
• demonstrate decisiveness, soundness of judgment and clarity of presentation;
• have knowledge of Government procedure and practices;
• possess analytical and problem solving skills and the ability to make interpretations and sound recommendations;
• possess sound interpersonal and organisations skills, leadership qualities and the ability to effectively motivate others;
• possess the ability to communicate effectively at all levels;
• be computer literate.

Terms of Appointment

Appointment will be made on a contractual basis for a period of three (3) years.

Remuneration Package

The Remuneration package for the post of Risk Mitigation Coordination Officer is up to EC$250,000.00 per annum (taxable) which includes Basic Salary and Allowances.

Application forms can be obtained from our website at www.gov.ms or by contacting the Human Resource Management Unit, Office of the Deputy Governor, Brades, Montserrat by e-mail at jobs.hrmu@gov.ms, by telephone at (+664) 491 2365/2444 or by fax at   (+664) 491 6234. Detailed Terms of Reference for the Risk Mitigation Coordination Officer can be obtained from the following link at https://www.gov.ms/wp-content/uploads/2021/08/Terms-of-Reference-National-Risk-Mitigation-Coordinator-for-Montserrat....pdf

To apply send your completed application form, a curriculum vitae with a covering letter, certified copies of qualifications and the names of at least two referees to the Human Resource Management Unit at jobs.hrmu@gov.ms by 4:00 p.m. Monday September 20, 2021.

Only applicants short-listed will be contacted.