It does not appear in the Control Panel nor does it ask for permission. I was able to fix the issue by using the macOS terminal to make FFmpeg executable.
shell ~ % ls -lU /Applications/ffmpeg
-rw-rw-r--@ 1 username staff 78461292 Aug 31 2020 /Applications/ffmpeg
shell ~ % chmod u=rwx /Applications/ffmpeg
shell ~ % ls -lU /Applications/ffmpeg
-rwxrw-r--@ 1 username staff 78461292 Aug 31 2020 /Applications/ffmpeg
The Generation of Video interface is still buggy but it does now generate the video files.