Financial Crime World

ZIMBABWE: Compliance Officer Role and Responsibilities Take Center Stage

As Zimbabwe’s business landscape continues to evolve, the importance of compliance officers cannot be overstated. A recent job posting by the Zimbabwe National Road Administration (ZINARA) highlights the crucial role of a compliance officer in ensuring legal and corporate compliance.

Key Responsibilities

The primary purpose of this position is to monitor legal and corporate compliance, providing recommendations for enhanced compliance in various areas. The duties and responsibilities of the compliance officer are multifaceted, including:

  • Internal Compliance:
    • Coordinating and conducting internal investigations into compliance issues
    • Conducting internal reviews and audits to ensure staff adherence to compliance procedures
    • Identifying, assessing, and managing risks
    • Providing legal advice and ensuring compliance with legal and statutory requirements
  • Regulatory Compliance:
    • Ensuring the company stays current with regulatory compliance requirements from authorities such as EMA, NSSA, CGU, ZIMRA, etc.
    • Maintaining a comprehensive database of all compliance issues with up-to-date progress
    • Liaising with other departments to manage regulatory compliance matters
    • Maintaining a database of government circulars, policy directives, and advisory notes requiring compliance
  • Statutory Compliance:
    • Ensuring that all company activities, products, policies, and documentation comply with national legislation
    • Reporting to management on risk, compliance, and legislative matters
    • Keeping record management systems up-to-date

Eligibility Requirements

To be eligible for this role, applicants should possess:

  • A Bachelor of Laws (LLB) or B.Comm Business Law degree from a recognized university
  • A minimum of 2 years post-admission experience in a busy legal department/environment
  • Strong analytical and problem-solving skills
  • Excellent communication and interpersonal skills
  • The ability to work independently

Application Details

The application deadline for this position is January 29, 2024. Interested candidates should submit their written applications, including CVs and certified copies of certificates, to:

  • Director Administration & Human Resources at ZINARA
  • Via email to [email protected]
  • At the nearest ZINARA Provincial Office

Important Note

ZINARA does not charge fees for job placements, and applicants are advised to beware of fraudulent individuals claiming to represent the organization and demanding payment. Any suspicious activities should be reported through the above-stated email or WhatsApp 0712 245 276.