The Zambia National Building Society (ZNBS) is the leading provider of sustainable and affordable mortgage financing, property management and banking services in Zambia.

The Society seeks to recruit skilled, experienced, self-motivated, and energetic individuals to be part of a dynamic team to fill the following positions; 

Grade: ZNBS 4

Job Purpose 

To manage, develop, implement, and maintain a strong compliance culture, primarily focusing on ensuring ZNBS adheres to all regulatory requirements in its operations as outlined in the compliance charter. In addition, the role holder will be responsible for providing leadership, leading innovation, managing strategies, and ensuring adherence to governance requirements relating to compliance.  

Duties and Responsibilities

✓ To coordinate the identification and management of compliance risk within the institution.

✓ To     establish      and    manage       the

Compliance function to provide 2nd Line assurance of the business with a specific focus on regulatory and policy matters.

✓ To plan and set annual objectives for compliance operations and ensure approval by the Board Risk and Investment Committee.

✓ To determine appropriate tools and methodologies under the identified risks and develop monitoring programs. 

✓ To evaluate whether the business is conducted in accordance with regulatory obligations and the required controls.

✓ To provide periodic reports to the Board, Management and Regulator on compliance matters, identified compliance issues and measures to be taken.

✓ To regularly engage with the Board or Board Committee to assist them in making informed judgements on whether the institution is managing compliance risk effectively.

✓ To liaise with relevant regulators and external bodies on compliance matters and manage regulatory incidents.

✓ Manage Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) operations by ensuring compliance with all related regulations and policies. 

✓ To ensure all AML and CFT risks are raised and assist in ensuring all AML risks are managed and reported promptly.

✓ To keep abreast of relevant regulatory developments, interpret and assess the impact of the rules and the implementation of the same.

Qualifications and Experience

✓ Full Grade 12 School Certificate with five (5) ‘O’ levels passes.

✓ Bachelor’s Degree in Banking and Finance, Business, Economics, Law, Accountancy,         ACCA,         CIMA,

Management, or related discipline. 

✓ A minimum of 5 years experience in a Compliance / regulatory function.

Required     Competencies      and   Personal Attributes

✓ Knowledge of the Zambian regulatory environment.

✓ Risk management.

✓ Ability to maintain confidentiality in all aspects of the job.

✓ Strong analytical and organisational skills.

✓ Advanced computer skills (Excel, word processing and PowerPoint).

✓ Good knowledge of financial structures, business models, products, and processes.

✓ Excellent written and verbal communication skills.

✓ Strong report-writing and presentation skills.

✓ High level of honesty, integrity, objectivity, and independence of thought. 

Appropriately qualified and interested candidates meeting the above credentials must submit application letters enclosing a detailed curriculum vitae (CV), traceable referees and copies of academic/professional qualifications to the undersigned by Monday 20^th February 2023, 17:00 hours with the position applied for clearly marked on the envelope.

The Director Human Resources Zambia National Building Society Century House, 3^rd Floor, Cairo Road P O Box 30420 LUSAKA

Please note that only short-listed candidates will be contacted.