Compliance Officer

Job Overview

LOLC Finance Zambia invites qualified professionals to apply for the position of Compliance Officer based in Lusaka. This full-time role offers an excellent opportunity to contribute to the institution’s efforts in managing regulatory compliance, Anti-Money Laundering (AML), Combating the Financing of Terrorism and Proliferation (CFTP), and broader financial crime risks.

Key Responsibilities

• Conduct regular compliance monitoring and reviews to ensure full adherence to applicable legal and regulatory requirements.
• Support AML/CFTP activities including Know Your Customer (KYC), customer due diligence (CDD), sanctions and Politically Exposed Persons (PEP) screening, enhanced due diligence (EDD), and monitoring of high-risk customers.
• Assist in transaction monitoring, investigation, and timely escalation of suspicious activities, including regulatory reporting obligations.
• Stay abreast of legislative changes, regulatory updates, and emerging financial crime risks to inform risk mitigation strategies.
• Contribute to the development and periodic review of compliance policies, procedures, and control frameworks.
• Maintain regulatory correspondence trackers and ensure monitoring of regulatory deadlines.
• Support compliance reporting, internal and external audits, examinations, and remediation efforts.
• Assist in managing financial crime risks such as fraud, anti-bribery, anti-corruption, and whistleblowing processes.
• Promote compliance awareness through training and communication initiatives across the organization.

Requirements

• Bachelor’s degree in Finance, Law, Risk Management, Business Administration, or a related discipline.
• Between 3 to 5 years of relevant experience in compliance, AML/CFTP, risk management, audit, financial crime, or related functions, preferably within banking or financial services.
• Professional certifications such as ACAMS, ICA, CFE, or other AML/Compliance and Risk Management qualifications are advantageous.
• Demonstrated practical experience in AML/CFTP operations, regulatory reporting, transaction monitoring, and compliance reviews is highly desirable.