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Compliance Officer Responsibilities in Zimbabwe Take Center Stage at IDBZ
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The Infrastructure and Development Bank of Zimbabwe (IDBZ) has announced a vacancy for a Principal Compliance Officer to join its dynamic team. As the bank continues to play a crucial role in supporting infrastructure development across various sectors, it is essential that compliance risks are effectively managed.
Role Overview
As a key member of the IDBZ team, the Principal Compliance Officer will be responsible for ensuring that the bank maintains a robust compliance risk management framework aligned with applicable laws, regulatory requirements, industry codes, internal policies, and best practices. The successful candidate will promote a culture of compliance across the bank, preventing non-compliance and unethical conduct.
Key Responsibilities
- Assisting in establishing and promoting a culture of compliance across the bank to prevent non-compliance and unethical conduct
- Collaborating with various business units to monitor compliance with regulatory requirements, internal policies, and applicable laws
- Continuously monitoring and tracking the performance of the compliance program, making recommendations for improvement
- Reviewing and recommending compliance risk management policies and procedures
- Conducting compliance risk assessments for new business initiatives/projects, identifying and mitigating compliance issues
Additional Responsibilities
- Facilitating the resolution of compliance breaches and supporting staff in implementing mitigation actions
- Preparing periodic compliance risk reports for senior management
- Providing support for the bank’s client complaints management framework
Requirements
To be considered for this role, applicants should possess:
- A postgraduate degree or equivalent professional qualification in Law, Accounting, Finance, or a related field
- A minimum of five years of hands-on experience in compliance and risk management
About IDBZ
The IDBZ is committed to promoting a culture of ethical conduct and adherence to legal and regulatory standards. If you are passionate about compliance and risk management, join the bank’s dynamic team today.
Application Deadline
Applications should be submitted by no later than Monday, 10 June 2024.