Chief Compliance Officer Job Vacancy in Songea, Tanzania – Financial Services
Job Description
Position:Chief Compliance Officer
Company:Barclays Bank Tanzania
Location:Songea, Tanzania
Experience:8+ years in compliance, risk management, regulatory affairs
Education:Bachelor’s degree in Law, Finance, or related field; Master’s preferred
Employment Type:Full-time
Industry:Financial Services
Department:Compliance & Risk Management
Salary:SSP 3,000,000 – SSP 5,000,000 per month
Vacancies:1
Company Overview
Barclays Bank Tanzania is a leading international banking institution with a strong presence across East Africa. With a commitment to fostering economic growth, financial inclusion, and innovative banking solutions, Barclays has built a reputation for excellence and integrity. The bank operates a network of branches and digital platforms, serving retail, corporate, and institutional clients. As part of its strategic expansion, Barclays is investing heavily in compliance infrastructure to meet evolving regulatory standards and to protect the interests of its customers and shareholders. The Songea branch plays a pivotal role in delivering banking services to the Southern Highlands, supporting local businesses, agricultural enterprises, and community development projects. For more information about the bank’s vision and values, visit the main website.
Job Overview
The Chief Compliance Officer (CCO) will lead the compliance function for Barclays Bank Tanzania, ensuring that all operations adhere to local and international regulatory requirements, internal policies, and ethical standards. Reporting directly to the Managing Director, the CCO will develop, implement, and monitor a comprehensive compliance framework that safeguards the bank against legal, financial, and reputational risks. This role is critical in supporting the bank’s growth strategy, enhancing risk culture, and fostering a transparent environment where compliance is embedded in every business decision. The successful candidate will collaborate with senior leadership, regulatory bodies, and external auditors to maintain the highest standards of corporate governance.
Key Responsibilities
- Design, implement, and continuously improve the bank’s compliance policies, procedures, and controls.
- Monitor regulatory changes in Tanzania and globally, translating them into actionable initiatives.
- Conduct risk assessments, compliance audits, and investigations to identify gaps and remediate issues promptly.
- Provide expert guidance to business units on anti‑money laundering (AML), counter‑terrorist financing (CTF), sanctions, and consumer protection regulations.
- Lead the development of a robust reporting framework for regulatory filings and internal disclosures.
- Oversee the training and awareness programs for staff at all levels to embed a strong compliance culture.
- Manage relationships with the Bank of Tanzania, Financial Intelligence Unit, and other supervisory authorities.
- Prepare and present compliance reports to the Board of Directors and senior management.
- Coordinate with internal audit, legal, and risk management teams to ensure integrated risk oversight.
- Drive continuous improvement through benchmarking against industry best practices and emerging technologies.
Required Skills
- Deep knowledge of Tanzanian banking regulations, AML/CTF frameworks, and international compliance standards such as Basel III and FATF.
- Strong analytical and problem‑solving abilities with a data‑driven approach to risk assessment.
- Excellent communication and influencing skills to engage stakeholders across the organization.
- Leadership experience in building and managing high‑performing compliance teams.
- Proficiency in compliance management software and regulatory reporting tools.
- Ability to work under pressure and manage multiple priorities in a fast‑changing environment.
Education
A Bachelor’s degree in Law, Finance, Business Administration, or a related discipline is required. A Master’s degree or professional certifications such as Certified Compliance & Ethics Professional (CCEP), Certified Anti‑Money Laundering Specialist (CAMS), or equivalent are highly desirable.
Experience
Minimum of eight (8) years of progressive experience in compliance, risk management, or regulatory affairs within the banking or financial services sector. Prior experience in a senior compliance leadership role, preferably within an international bank operating in Africa, is essential.
Salary
The compensation package ranges from SSP 3,000,000 to SSP 5,000,000 per month, commensurate with experience and qualifications. The package includes performance‑based bonuses, health insurance, pension contributions, and other employee benefits.
Benefits
- Competitive salary with annual performance bonus.
- Comprehensive health and life insurance coverage.
- Retirement savings plan with employer matching.
- Professional development allowance and support for certifications.
- Flexible working arrangements and paid leave.
- Employee assistance program and wellness initiatives.
Training
- Onboarding program covering Barclays’ compliance framework and corporate culture.
- Continuous learning modules on regulatory updates, AML/CTF, and risk management.
- Access to global compliance networks and industry conferences.
- Mentorship opportunities with senior executives across the bank.
Working Environment
Barclays Bank Tanzania offers a collaborative, inclusive, and dynamic workplace where innovation is encouraged. The Songea office provides modern facilities, state‑of‑the‑art technology, and a supportive team environment. Employees are empowered to contribute ideas, drive change, and advance their careers within a globally recognized financial institution.
Application Process
Interested candidates should submit their updated CV and a cover letter outlining their relevant experience through the online portal. Applications will be reviewed on a rolling basis, and shortlisted candidates will be contacted for interviews. For detailed application instructions, please refer to the following link.
https://ugandajobssearch.com/job-vacancy-uganda/
Equal Opportunity Statement
Barclays Bank Tanzania is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees, regardless of gender, race, religion, age, disability, or sexual orientation. All qualified applicants will receive consideration for employment without discrimination.
