Senior Risk Compliance Officer Job Vacancy in Dar es Salaam, Tanzania – Banking & Finance

Job Description

Position: Senior Risk Compliance Officer

Company: Absa Bank Tanzania

Location: Dar es Salaam, Tanzania

Experience: 5+ years in financial compliance or risk management

Education: Bachelor’s Degree in Finance, Law, or Accounting

Employment Type: Full-time

Industry: Banking & Finance

Department: Risk Management

Vacancies: 1

Company Overview

Absa Bank Tanzania is a leading financial institution dedicated to providing innovative banking solutions across the East African region. As part of a global network, we prioritize integrity, customer-centricity, and robust regulatory adherence. We are committed to driving economic growth in Tanzania by empowering businesses and individuals through secure and transparent financial services. Our mission is to create sustainable value for our stakeholders while maintaining the highest standards of corporate governance and risk mitigation in an ever-evolving global market.

As a premier employer, we offer a dynamic workspace where professionals can thrive. We are currently looking for top-tier talent to join our growing team. For more information on our mission, visit tanzaniajobsearch.com.

Job Overview

The Senior Risk Compliance Officer will play a critical role in ensuring that all banking operations align with both local Tanzanian regulations and international financial standards. This position involves identifying potential risks, developing mitigation strategies, and ensuring that the bank remains compliant with Anti-Money Laundering (AML) and Know Your Customer (KYC) protocols. The successful candidate will work closely with senior management to foster a culture of compliance and risk awareness across all departments. This is a high-impact role designed for a professional who excels in regulatory analysis and strategic oversight within the banking sector.

Key Responsibilities

• Conduct comprehensive risk assessments to identify potential regulatory, operational, and reputational threats to the bank.
• Monitor daily transactions to ensure strict adherence to AML and KYC guidelines.
• Develop and implement internal control frameworks to mitigate identified risks.
• Prepare detailed compliance reports for the Board of Directors and regulatory authorities.
• Collaborate with legal teams to interpret new financial laws and integrate them into existing policies.
• Lead internal audits to verify the effectiveness of current compliance protocols.

Required Skills

• Advanced knowledge of Tanzanian banking regulations and international financial compliance standards.
• Exceptional analytical skills with the ability to interpret complex legal and financial data.
• Strong communication skills for presenting risk reports to executive leadership.
• High level of attention to detail and professional integrity.
• Proficiency in financial software and risk management modeling tools.

Education

A minimum of a Bachelor’s degree in Finance, Law, Economics, or a related field is required. Professional certifications such as Certified Compliance Professional (CCP) or similar are highly advantageous for this role.

Experience

Candidates must possess at least five years of direct experience in risk management or regulatory compliance within a reputable financial institution. Proven experience in handling complex regulatory audits is essential for success in this position.

Benefits

• Competitive salary package commensurate with experience.
• Comprehensive health and life insurance coverage.
• Performance-based annual bonuses.
• Professional development and certification support.
• Generous leave entitlement and wellness programs.

Explore more career opportunities in Tanzania by visiting ugandajobssearch.com/.

Training

• Continuous professional development workshops on emerging financial technologies.
• Advanced AML/CFT certification training programs.
• Leadership and strategic management training for senior staff.

Working Environment

The working environment at Absa Bank Tanzania is professional, collaborative, and fast-paced. We provide a modern office setting in the heart of Dar es Salaam, equipped with the latest technology to support your daily tasks. We value a work-life balance and encourage an inclusive atmosphere where every voice is heard.

Application Process

Interested candidates should submit their updated CV and a cover letter detailing their relevant experience. Please ensure all documentation is accurate and reflects your professional achievements. This is a significant job vacancy in Tanzania for those seeking long-term career growth.

For more diverse employment in Tanzania, check ghanajobsearch.com/.

Equal Opportunity Statement

Absa Bank Tanzania is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees regardless of race, religion, gender, or age. We are actively hiring in Tanzania to build a diverse workforce that reflects the communities we serve.