Here is the rewritten article in markdown format:

Compliance Officer Role and Responsibilities at IDBZ

The Infrastructure and Development Bank of Zimbabwe (IDBZ) has announced a vacancy for a Principal Compliance Officer, a crucial role that plays a vital part in ensuring the bank maintains a robust compliance risk management framework.

Key Responsibilities

• Assist in establishing and promoting a culture of compliance across the bank
• Prevent non-compliance and unethical conduct by collaborating with various business units to monitor compliance with regulatory requirements, internal policies, and applicable laws
• Continuously monitor and track the performance of the compliance program, making recommendations for improvement
• Review and recommend compliance risk management policies and procedures
• Disseminate information within IDBZ

Additional Responsibilities

• Conduct compliance risk assessments for new business initiatives/projects, identifying and mitigating compliance issues
• Facilitate the resolution of compliance breaches and support staff in implementing mitigation actions
• Prepare periodic compliance risk reports for senior management
• Provide support for the bank’s client complaints management framework
• Collaborate with Risk Management, Internal Audit, and Legal counsel to ensure an adequate and effective risk and compliance control environment

Requirements

• Postgraduate degree or equivalent professional qualification in Law, Accounting, Finance, or equivalent
• Bachelor’s degree in Risk Management, Banking and Finance, Law, Economics, or Accounting (acceptable)
• At least 5 years of hands-on experience in compliance and risk management

Application Instructions

Applications for the Principal Compliance Officer role should be submitted by Monday, June 10, 2024, to The Director - Corporate Services and Human Resources.