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Compliance Officer Responsibilities Take Center Stage at IDBZ
The Infrastructure and Development Bank of Zimbabwe (IDBZ) has announced a vacancy for a Principal Compliance Officer, highlighting the critical role that compliance plays in ensuring the bank’s operations are sound and in line with regulatory requirements.
About IDBZ
As part of its developmental mandate, the IDBZ promotes infrastructure development across various sectors, including:
- Water and sanitation
- Housing
- Irrigation
- Transport
- Energy
To execute this mandate effectively, the bank needs a Principal Compliance Officer to assist in maintaining a robust compliance risk management framework that aligns with applicable laws, regulatory requirements, industry codes, internal policies, and procedures.
Job Responsibilities
The successful candidate will be responsible for:
- Assisting in establishing and promoting a culture of compliance across the business
- Monitoring compliance with regulatory requirements, internal policies, and procedures
- Reviewing and recommending relevant compliance risk management policies and procedures
- Conducting compliance risk assessments of new business initiatives and implementing actions to mitigate identified compliance issues
- Preparing periodic compliance risk reports for senior management
Additional Responsibilities
The Principal Compliance Officer will also:
- Provide support for the bank’s client complaints management framework
- Collaborate with the Risk Management, Internal Audit, and Legal Counsel departments to ensure that the bank’s risk and compliance control environment remains adequate and effective
Requirements
To be considered for this role, candidates should have:
- A postgraduate degree or equivalent professional qualification in law, accounting, finance, or a related field
- At least five years of hands-on experience in compliance and risk management
- Strong communication and presentation skills
- Good report writing skills
How to Apply
Interested candidates are encouraged to submit their applications by no later than Monday, June 10, 2024, along with a detailed Curriculum Vitae. Female candidates are strongly encouraged to apply.
Applications can be sent via email to hr@idbz.co.zw or addressed to:
Director - Corporate Services and Human Resources IDBZ House 99 Gamal Abdel Nasser Road, Harare