Business Compliance Officer

Business Compliance Officer Jobs in Lusaka at Stanbic Bank Zambia

Stanbic Bank Zambia is seeking a dedicated Business Compliance Officer to join our team in Lusaka, Zambia. This full-time position offers an exciting opportunity to contribute to the effective management of compliance risk within a specific business or functional area. The successful candidate will play a critical role in ensuring compliance with regulatory requirements, thereby protecting the organisation from operational losses, fines, penalties, and reputational damage.

Key Responsibilities for Business Compliance Officer Jobs in Lusaka

• Review and advise on compliance frameworks, standards, and procedures tailored to the functional area’s regulatory environment.
• Maintain and update the compliance manual to reflect unique regulatory requirements.
• Evaluate and deliver compliance training materials, including bespoke face-to-face sessions to enhance awareness within the business unit.
• Monitor and analyse regulatory and legislative developments to provide expert guidance to stakeholders.
• Identify compliance risks through operational analysis and ensure adherence to Standard Bank Group frameworks and standards.
• Prepare and contribute to compliance reports for governance committees and regulatory bodies.
• Maintain a business unit-specific Regulatory Universe to support legislative compliance.
• Report and escalate material compliance issues promptly, facilitating swift resolution to minimise financial or reputational impact.
• Proactively identify control gaps and oversee remediation plans to strengthen compliance processes.
• Provide management with compliance-related information and connect Centre of Excellence initiatives with business area delivery.
• Act as a liaison during regulatory inspections, managing information requests and findings.
• Advise management and committees on regulatory frameworks and developments to ensure compliant business conduct.
• Customize and maintain risk management plans appropriate to the functional area’s regulatory context.

Qualifications and Experience

Candidates should hold a first degree in one of the following fields:

• Audit
• Business Commerce
• Legal Studies

Additionally, the role requires 5 to 7 years of experience in compliance and business enablement, with a strong understanding of regulatory requirements relevant to banking products and business operations.

Competencies and Skills

Behavioural Competencies:

• Adopting practical approaches and articulating information clearly
• Attention to detail and convincing communication skills
• Developing expertise and embracing change
• Interpreting data, making decisions, and providing insights
• Upholding high standards and documenting facts accurately

Technical Competencies:

• Evaluation of internal controls
• Financial acumen and understanding of financial industry regulatory frameworks
• Legal compliance and process governance
• Risk awareness and mitigation

About Stanbic Bank Zambia

Stanbic Bank Zambia is committed to fostering a diverse, equitable, and inclusive workplace. We encourage applications from candidates of all backgrounds, including persons with disabilities. Our goal is to create an environment where every employee has the opportunity to contribute meaningfully and grow professionally.

How to Apply

Interested candidates are invited to apply online by visiting the following link:
Stanbic Bank Zambia Careers – Business Compliance Officer

How to Apply

Apply using the following link: https://www.standardbank.com/sbg/standard-bank-group/careers/apply/jobs/view-all-jobs/job-detail?jobID=744000149860389