Position: Compliance Officer-1 (Lusaka)
Reporting Line: Head of Compliance
Business Unit: Compliance Department
Location: Lusaka

To advise, support and work with business in the identification, assessment, management reporting on the compliance risks that the Micro Finance faces in order to ensure that the Institution is fully compliant with all regulations policies, Industry standards; and that the conduct and reputation risks are proactively monitored and mitigated.

The role is also accountable for implementing an appropriate regulatory risk management programme with the aim of ensuring the business strategy is executed in a risk enabled environment.

Key Outputs & Responsibilities:

1. Strategic alignment

• Ensure compliance risks in the Institution are appropriately identified and resolved.
• Participate in and support Management and the Board in managing compliance risks in the Institution.
• Participate in the review of the compliance policies and frameworks for the identification, management, monitoring and reporting of compliance risks and issues.
• Participate in the development of the Institution-wide compliance strategies and sub strategies.

2. Regulatory reporting and interaction

• Ensure receipt and submission of routine governance reports on the Institution status of compliance.
• Provide input into the completion of trends analysis for compliance risks incidents.
• Attend to Regulatory requests.

3. Operational oversight

• Conduct compliance reviews and, in situations of non-compliance, manage the escalation process (as per policy) to ensure action is taken by business to mitigate non-compliance issues raised in the issue log register.
• Assessment and management of reputation risks in the Institution through effective monitoring and on-going assurance.

4. Stakeholder engagement

• Build professional stakeholder relationships, displaying excellent abilities to listen advise, influence, negotiate and present at all levels.

5. Effective teamwork, self-management and alignment with Group values

• Plan and manage own workflow, anticipating obstacles, juggling priorities and following through an abjectives within the agreed time-frames and according to quality standards.

Qualifications & Experience

• Grade 12 School Certificate with 5 credits including English and Mathematics.
• Degree in Law, Business, Finance, Audit, Compliance or Risk Management. 4-6 years’ experience in the Barking or Micro Finance sectors.
• At least 2 years’ experience in a regulatory risk environment.
• Should have a working knowledge of Zambian regulations.