Jobs in Zambia and Zimbabwe

ZANACO Latest Job Vacancy: Compliance Specialist – July 2017

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Zambia National Commercial Bank Plc (Zanaco) is inviting applications from suitably qualified and experienced individuals for the following job aimed at contributing to the Bank’s strategic vision, in the Chief Executive Officer’s Division under the Compliance Department at Head Office.
COMPLIANCE SPECIALIST
JOB PURPOSE
The purpose of the Compliance Specialist – Monitoring and Sanctions is to perform the day to day operations and the reporting requirements related to the Anti-Money Laundering (AML) and the Watch List Management (WLM) solution and the related Compliance target operating model activities.
Under the supervision of the Compliance Head (Monitoring & Sanctions), the following are among the job key responsibilities:-
  • Monitoring of incidents related to compliance and bringing the same for the attention of the Compliance Head
  • Monitoring customer transactions to identify cases of money laundering and terrorist financing and promptly bringing such cases to the attention of the Compliance Head for immediate action
  • Manage the day to day activities of the AML and WLM solution to ensure adequate monitoring of customers and transactions to identify sanctioned individuals and entities
  • Being the administrator for the AML & WLM Solution, responsible for system availability as well as creation, enabling and disabling of users
  • Undertaking compliance monitoring and oversight of branches, agencies, and Head Office departments/divisions, check implementation of Compliance policies and produce monitoring and oversight reports
  • Co-ordinate with Compliance Representatives and responsible Compliance Heads for the respective region to ensure that alerts emanating from the AML and WLM solutions are adequately routed to the affected branch or unit and closed
  • Produce and analyze appropriate reports arising from the AML and WLM solution for submission to the Compliance Head
  • Ensure that WLM alerts generated by the AML and WLM solution have been followed up and closed and any alerts that still remain open at the end of the day are escalated to the Compliance Head
  • Preparation of assigned compliance reports is done as expected and submitted to relevant authorities through the Compliance Head timely.
  • Respond to queries and requests for information received from regulatory authorities and correspondent banks
  • Any other duties and tasks as may be assigned by management.
INTERNAL/EXTERNAL CONTACT
  • External: BOZ, Financial Intelligence Centre, External Regulators
Correspondence Banks
  • Internal: All Divisions
QUALIFICATIONS AND EXPERIENCE
  • Grade 12 Credit or above mandatory in Mathematics and English and any other three subjects
  • Degree in Business or a related field
  • At least three to four (3-4) years’ experience in compliance
  • Certifications in Anti-Money Laundering and Compliance
JOB CORE COMPETENCIES
  • Analytical Skills
  • Attention to detail
  • Team work
  • Verbal and Written Communication skills
  • Investigative skills
  • AML system proficiency
  • Bank systems proficiency
APPLICATION PROCEDURE
All applications must have an application/cover letter and detailed curriculum vitae indicating the position being applied for in the subject line and should be sent by email to [email protected] no later than Thursday, 6th July 2017.
Kindly note that you do not need to send us copies of your qualification certificates at this point.
ONLY SHORTLISTED APPLICANTS WILL BE COMMUNICATED TO.
Zanaco provides equal opportunity in employment for all qualified persons and prohibits discrimination in employment (women are encouraged to apply)