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COMPLIANCE OFFICER ROLE AND RESPONSIBILITIES IN ZIMBABWE
The Infrastructure and Development Bank of Zimbabwe (IDBZ) has announced a vacancy for a Principal Compliance Officer, a critical role that plays a crucial part in ensuring the bank’s compliance with regulatory requirements, internal policies, and procedures.
Job Description
Reporting to the Chief Compliance Officer, the Principal Compliance Officer will be responsible for assisting in establishing and maintaining a sound compliance risk management framework that is aligned with applicable laws, regulatory requirements, industry codes, and best practices. The role involves monitoring compliance across various business units, identifying areas of improvement, and making recommendations to enhance effectiveness.
Key Responsibilities
- Conducting regular compliance risk assessments and developing mitigation strategies to address identified issues
- Monitoring and tracking the performance of the compliance program and related activities
- Assisting in reviewing and recommending relevant policies and procedures
- Providing support for client complaints management framework
- Collaborating with various units, including Risk Management, Internal Audit, and Legal Counsel
Requirements
The successful candidate will possess:
- A postgraduate degree or equivalent professional qualification in Law, Accounting, Finance, or a related field
- A minimum of five years’ experience in compliance and risk management
Application Details
Female candidates are strongly encouraged to apply. Interested individuals should submit their applications by no later than June 10, 2024. Applications should be emailed to hr@idbz.co.zw, with all correspondence addressed to the Director-Corporate Services and Human Resources at IDBZ House, 99 Gamal Abdel Nasser Road, Harare.
About IDBZ
The IDBZ is a national development finance institution that supports infrastructure and development across various sectors of the economy. The bank’s purpose is to uplift the livelihoods of all Zimbabweans through development financing.