Director of Compliance
2025-11-04T19:32:08+00:00
Absa Bank
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https://www.absa.co.ug/personal/
FULL_TIME
Dar es Salaam
Dar es Salaam
00000
Tanzania
Banking
Management
2025-11-11T17:00:00+00:00
Tanzania
8
Job Summary
The scope of the role referred to as Compliance covers Compliance and AML/ KYC.
To lead the Country Compliance function providing strategic direction and focus.
Responsible for the implementation and maintenance of a “fit-for-purpose” operational framework managed to address all elements which fall under the scope of Compliance.
To support business in the effective management of Compliance / AML risks.
To ensure that Compliance Control resources are sufficient at all times, and capable to deliver on all key elements.
To assist in the effective management of key Country Regulatory relationships.
To ensure that appropriate policies and procedures are in place and embedded to meet Group and local regulatory requirements.
To support due diligence investigations of potential acquisitions.
To ensure that the business has an effective program for raising awareness of relevant issues relating to anti-money laundering, sanctions, and relevant training program to support this.
To Obtain, review, analyse and report on information related to AB&C.
Job Description
Main accountabilities and approximate time split
Team Leadership 25%
- Establish a highly motivated Compliance Team.
- Set challenging and stretching objectives and ensure effective performance management, development and succession planning.
- Inspire and drive high performance in individuals and in the team.
- Act as a role model and drive proactive application of Absa Values and Behaviors throughout the team including establishment of common goals and objectives.
- Ensure that 75% of leadership team is made up of A players.
- Equip team leaders to deliver a high performance culture.
Compliance & Financial Crime operating framework 40%
- Establish and implement a consistent operating framework for the identification, management, monitoring and reporting of country Compliance risks and issues.
- Responsible for ensuring that the operating framework is embedded consistently in country to meet internal and statuary requirements.
- Establish close working relationships with business other business heads to ensure support for Compliance framework.
Policies and procedures 10 %
- Responsible for developing and roll-out of Compliance policies and standards.
Advice, guidance & reporting 25%
- Deliver valued advice and guidance to management on all Compliance issues.
- Deliver an appropriate review mechanism to assess reputational risk before it is assumed.
- Keep the local Management Team and ARO Head Compliance and other Executives informed on Compliance matters which may pose financial or reputational risks for the business.
Technical skills / Competencies
- Strong leadership skills with a proven track record of success in leading a high performance team.
- Intellectual and analytical skills of a high order. He/she is likely to be a graduate and / or have a professional qualification.
- Regulatory experience gained in a retail financial and commercial banking environment and/or law enforcement/prosecution environment.
- Good understanding of current and anticipated requirements in Tanzania and the respective supervisory expectations.
- Good understanding of global standards of best practice and shared objectives in the role of the financial system in tackling money laundering, terrorist financing, proceeds of crime and other financial crime.
- The strength of character, credibility and personal presence and the communication skills to operate confidently and effectively at the most senior levels both internally and externally.
- The flexibility to appreciate the commercial objectives of the business, coupled with an ability to challenge, independently and constructively, senior management, peers or other staff where appropriate, to insist upon adherence to the highest standards of business practice and ethical behaviour and to the requirements of relevant authorities. Tact and sensitivity as well as strength and authority are important.
Knowledge, Expertise & Experience
- Good knowledge of regulatory requirements and expectations. Sound appreciation of the international agendas and objectives of international regulators, particularly FSA. Sound Operational Risk management experience.
- Minimum of 10 years’ experience in Compliance Operational Risk preferably including a combination of banking, regulatory, consultancy/professional.
- Graduate with Professional qualification and experience (Accountancy and /or Legal).
Skills required undertaking the role
- Outstanding relationship and interpersonal skills
- Strong negotiation skills
- Strong Presentation Skills
- Strong Relationship Skills
- Credit Risk Skills
- Strong Leadership and Team skills
- Strong Communications skills
Training likely to assist effectiveness in the role, and which may have been completed prior to undertaking this role
- Internal and external senior risk assessment and management
- Influencing and Negotiating
- People Management/Coaching
- Performance Management
Absa Values
Absa’s Values and Behaviours represent the set of standards which governs the actions of all of us who work for the bank and against which the performance of every one of us in Absa are being assessed and rewarded:
- Trust
- Resourceful
- Stewardship
- Inclusive
- Courage
Education
Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)
The scope of the role referred to as Compliance covers Compliance and AML/ KYC. To lead the Country Compliance function providing strategic direction and focus. Responsible for the implementation and maintenance of a “fit-for-purpose” operational framework managed to address all elements which fall under the scope of Compliance. To support business in the effective management of Compliance / AML risks. To ensure that Compliance Control resources are sufficient at all times, and capable to deliver on all key elements. To assist in the effective management of key Country Regulatory relationships. To ensure that appropriate policies and procedures are in place and embedded to meet Group and local regulatory requirements. To support due diligence investigations of potential acquisitions. To ensure that the business has an effective program for raising awareness of relevant issues relating to anti-money laundering, sanctions, and relevant training program to support this. To Obtain, review, analyse and report on information related to AB&C.
Good knowledge of regulatory requirements and expectations. Sound appreciation of the international agendas and objectives of international regulators, particularly FSA. Sound Operational Risk management experience. Minimum of 10 years’ experience in Compliance Operational Risk preferably including a combination of banking, regulatory, consultancy/professional. Graduate with Professional qualification and experience (Accountancy and /or Legal).
JOB-690a54b886cd5
Vacancy title:
Director of Compliance
[Type: FULL_TIME, Industry: Banking, Category: Management]
Jobs at:
Absa Bank
Deadline of this Job:
Tuesday, November 11 2025
Duty Station:
Dar es Salaam | Dar es Salaam | Tanzania
Summary
Date Posted: Tuesday, November 4 2025, Base Salary: Not Disclosed
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JOB DETAILS:
Job Summary
The scope of the role referred to as Compliance covers Compliance and AML/ KYC.
To lead the Country Compliance function providing strategic direction and focus.
Responsible for the implementation and maintenance of a “fit-for-purpose” operational framework managed to address all elements which fall under the scope of Compliance.
To support business in the effective management of Compliance / AML risks.
To ensure that Compliance Control resources are sufficient at all times, and capable to deliver on all key elements.
To assist in the effective management of key Country Regulatory relationships.
To ensure that appropriate policies and procedures are in place and embedded to meet Group and local regulatory requirements.
To support due diligence investigations of potential acquisitions.
To ensure that the business has an effective program for raising awareness of relevant issues relating to anti-money laundering, sanctions, and relevant training program to support this.
To Obtain, review, analyse and report on information related to AB&C.
Job Description
Main accountabilities and approximate time split
Team Leadership 25%
- Establish a highly motivated Compliance Team.
- Set challenging and stretching objectives and ensure effective performance management, development and succession planning.
- Inspire and drive high performance in individuals and in the team.
- Act as a role model and drive proactive application of Absa Values and Behaviors throughout the team including establishment of common goals and objectives.
- Ensure that 75% of leadership team is made up of A players.
- Equip team leaders to deliver a high performance culture.
Compliance & Financial Crime operating framework 40%
- Establish and implement a consistent operating framework for the identification, management, monitoring and reporting of country Compliance risks and issues.
- Responsible for ensuring that the operating framework is embedded consistently in country to meet internal and statuary requirements.
- Establish close working relationships with business other business heads to ensure support for Compliance framework.
Policies and procedures 10 %
- Responsible for developing and roll-out of Compliance policies and standards.
Advice, guidance & reporting 25%
- Deliver valued advice and guidance to management on all Compliance issues.
- Deliver an appropriate review mechanism to assess reputational risk before it is assumed.
- Keep the local Management Team and ARO Head Compliance and other Executives informed on Compliance matters which may pose financial or reputational risks for the business.
Technical skills / Competencies
- Strong leadership skills with a proven track record of success in leading a high performance team.
- Intellectual and analytical skills of a high order. He/she is likely to be a graduate and / or have a professional qualification.
- Regulatory experience gained in a retail financial and commercial banking environment and/or law enforcement/prosecution environment.
- Good understanding of current and anticipated requirements in Tanzania and the respective supervisory expectations.
- Good understanding of global standards of best practice and shared objectives in the role of the financial system in tackling money laundering, terrorist financing, proceeds of crime and other financial crime.
- The strength of character, credibility and personal presence and the communication skills to operate confidently and effectively at the most senior levels both internally and externally.
- The flexibility to appreciate the commercial objectives of the business, coupled with an ability to challenge, independently and constructively, senior management, peers or other staff where appropriate, to insist upon adherence to the highest standards of business practice and ethical behaviour and to the requirements of relevant authorities. Tact and sensitivity as well as strength and authority are important.
Knowledge, Expertise & Experience
- Good knowledge of regulatory requirements and expectations. Sound appreciation of the international agendas and objectives of international regulators, particularly FSA. Sound Operational Risk management experience.
- Minimum of 10 years’ experience in Compliance Operational Risk preferably including a combination of banking, regulatory, consultancy/professional.
- Graduate with Professional qualification and experience (Accountancy and /or Legal).
Skills required undertaking the role
- Outstanding relationship and interpersonal skills
- Strong negotiation skills
- Strong Presentation Skills
- Strong Relationship Skills
- Credit Risk Skills
- Strong Leadership and Team skills
- Strong Communications skills
Training likely to assist effectiveness in the role, and which may have been completed prior to undertaking this role
- Internal and external senior risk assessment and management
- Influencing and Negotiating
- People Management/Coaching
- Performance Management
Absa Values
Absa’s Values and Behaviours represent the set of standards which governs the actions of all of us who work for the bank and against which the performance of every one of us in Absa are being assessed and rewarded:
- Trust
- Resourceful
- Stewardship
- Inclusive
- Courage
Education
Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)
Work Hours: 8
Experience in Months: 120
Level of Education: bachelor degree
Job application procedure
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