Financial Crime World

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CORPORATE COMPLIANCE OFFICER ROLE ON THE RISE IN ZIMBABWE

As the financial sector in Zimbabwe continues to grow and evolve, the demand for skilled professionals who can ensure regulatory compliance has never been greater. In this article, we take a closer look at the role of a Corporate Compliance Officer and what it takes to succeed in this critical position.

JOIN THE RANKS OF ZIMBABWE’S TOP COMPLIANCE PROFESSIONALS

A leading financial institution in Zimbabwe is currently seeking a highly skilled Compliance Officer to join their team. As a key member of the organization’s compliance department, you will be responsible for ensuring that all financial and operational activities are aligned with regulatory guidelines and that the company maintains a high standard of integrity and professionalism.

KEY RESPONSIBILITIES

As a Corporate Compliance Officer in Zimbabwe, your duties will include:

  • Identifying and Assessing Compliance Risks: Identify, assess, monitor, and advise management on compliance risks to ensure the organization’s activities are aligned with regulatory guidelines.
  • Conducting Internal Audits: Conduct internal audits on financial and operational activities across all units to ensure compliance with regulations.
  • Ensuring Regulatory Alignment: Formulate and implement internal policies, process flows, and training programs to ensure alignment with regulatory guidelines.
  • AML/CFT/CPF Compliance: Update and oversee the implementation of Anti-Money Laundering and Combating Financing of Terrorism and Proliferation Financing (AML/CFT/CPF) Policies and Procedures.
  • Risk Assessment and Reporting: Collaborate with management to conduct and update the institutional risk assessment (IRA) and report suspicious transactions and cash transaction returns (CTR) to the Financial Intelligence Unit (FIU).

REQUIREMENTS

To succeed in this role, you will need:

  • A degree in Risk Management or Banking and Finance.
  • Compliance Management Certification is mandatory.
  • Minimum of 3 years’ experience in Compliance in banking, money transfer institutions, or financial institutions with significant knowledge of compliance/risk-related issues.
  • Possession of a valid driver’s license.
  • Knowledge of banking laws and the ability to interpret and apply them accurately.
  • Familiarity with Exchange Control Regulations in Zimbabwe.

COMPETITIVE REMUNERATION

The successful candidate will be offered a competitive remuneration package, including:

  • Net salary of USD350.00 per month.
  • Monthly performance-based bonus of USD200.00 in line with the internal Performance Reward Policy.

If you are a highly skilled and experienced professional looking for a challenging role in compliance, we encourage you to apply for this exciting opportunity.