Compliance Officer Roles and Responsibilities in Botswana
The financial services sector in Botswana is experiencing a significant increase in demand for compliance professionals, particularly Risk & Compliance Officers who can ensure that organizations operate within the confines of relevant laws and regulations.
Job Opportunity: Risk & Compliance Officer at Bifm UT
Bifm UT, a leading asset management firm in Botswana, is seeking a skilled Risk & Compliance Officer to join its team. The primary responsibility of this role is to promote a risk-aware environment and ensure compliance with regulatory requirements.
Key Performance Areas
The successful candidate will be expected to:
- Conduct annual risk assessments for Bifm Unit Trusts, including money laundering and terrorism financing checks
- Assist with risk assessments for other subsidiaries within Bifm Holdings
- Conduct compliance checks on documents and sign off on behalf of the Compliance department
- Train employees on policies and procedures to ensure compliance across the organization
- Design and implement an effective data privacy compliance program
- Coordinate submission of license renewal, product approvals, and key controllers for Bifm UT and subsidiaries
- Respond to regulatory requests within set deadlines
Skills & Competencies
To be successful in this role, applicants must possess:
- Self-assurance and a confident manner
- Excellent interpersonal and communication skills, both verbal and written
- Ability to work with minimal supervision
- Established negotiation skills and sound judgment
- Strong attention to detail
Qualifications
A degree in Accounting or Finance is required, along with 3-4 years of relevant experience in a risk/compliance environment within the financial services sector. A part-qualified CA with practical experience in auditing asset managers or any other compliance-related qualification is also desirable.
Remuneration and Application Details
The company offers an attractive remuneration package with benefits, and only shortlisted candidates will be contacted for further communication. The closing date for applications is 03 July 2024.