Director of Compliance at ABSA Bank
Role: Director of Compliance
Organization: ABSA Bank
Key Requirement: 10+ years in Compliance/Operational Risk, leadership experience, regulatory expertise
Education: Bachelor’s Degree or Advanced Diploma in Business/Commerce
Apply by: Official Application Portal
About ABSA Bank
Empowering Africa’s tomorrow, together…one story at a time. With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.
Job Summary
The scope of the role referred to as Compliance covers Compliance and AML/ KYC.
- Lead the Country Compliance function providing strategic direction and focus.
- Implement and maintain a "fit-for-purpose" operational framework for Compliance.
- Support business in effective management of Compliance/AML risks.
- Ensure sufficient and capable Compliance Control resources.
Key Responsibilities
Team Leadership (25%)
- Establish a highly motivated Compliance Team.
- Set challenging objectives and ensure effective performance management.
- Inspire and drive high performance in individuals and the team.
- Ensure 75% of leadership team is made up of A players.
Compliance & Financial Crime Operating Framework (40%)
- Establish and implement a consistent operating framework for Compliance risk management.
- Ensure framework meets internal and statutory requirements.
- Build relationships with business heads to support Compliance framework.
Policies and Procedures (10%)
- Develop and roll-out Compliance policies and standards.
Advice, Guidance & Reporting (25%)
- Provide advice to management on Compliance issues.
- Assess reputational risk before it is assumed.
- Keep Management Team informed on Compliance risks.
Requirements
Skills & Competencies
- Strong leadership with proven success in high-performance teams.
- Regulatory experience in banking/law enforcement.
- Understanding of Tanzania’s regulatory requirements.
- Ability to influence Senior Management.
Education & Experience
- Minimum 10 years in Compliance/Operational Risk.
- Graduate with professional qualification (Accountancy/Legal).
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