Compliance Officer - Zambia
Lusaka, Lusaka, Zambia
Full Time
Mid Level
Mamoru redefines traditional financial services through cutting-edge technology. We recognized the need for advanced and efficient financial solutions that could keep up with the rapidly evolving financial markets. Our mission is to provide the most accessible and trusted access to the global financial market.
We are seeking an experienced Compliance Officer to join our team, with responsibilities extending across African regions where Mamoru operates. This role is critical in ensuring the company meets its compliance obligations, regulatory requirements, and AML standards. The incumbent will also be required to support the business in onboarding of clients and operational processes.Key Responsibilities
Compliance Framework:
Qualifications:
We are seeking an experienced Compliance Officer to join our team, with responsibilities extending across African regions where Mamoru operates. This role is critical in ensuring the company meets its compliance obligations, regulatory requirements, and AML standards. The incumbent will also be required to support the business in onboarding of clients and operational processes.Key Responsibilities
Compliance Framework:
- Develop, implement, and maintain the company’s Compliance policies (Financial Crime Policy and Risk Management and Compliance Programme), procedures, and controls.
- Regularly review and update compliance reports and policies to align with legislative and regulatory changes.
- Monitor and assess the effectiveness of the compliance framework, ensuring ongoing adherence to laws and regulations.
- Assist management within Mamoru Zambia and working closely with the Head of Compliance Africa to ensure efficient onboarding of clients, ensuring compliance with internal policies and external legislation.
- Oversee Customer Due Diligence (CDD) and Know Your Customer (KYC) processes during onboarding and ongoing monitoring.
- Support the provision of required customer due diligence information to counterparties.
- Facilitate the opening of bank accounts in Zambia by ensuring requested information is up-to-date and delivered to banks within deadlines.
- Act as a point of contact with banks and other financial institutions regarding compliance documentation.
- Conduct regular risk assessments relating to money laundering, terrorist financing, and other financial crime risks.
- Support the risk assessment of clients before and after onboarding, ensuring adequate internal controls are applied.
- Oversee transaction monitoring processes to identify suspicious or unusual activity.
- Escalate and report suspicious activities to regulatory authorities (e.g., the Zambia Financial Intelligence Centre (FIC Zambia)
- Ensure timely and accurate submission of reports to regulatory bodies as identified and where applicable.
- Deliver compliance training programmes to ensure staff understand AML obligations and reporting procedures.
- Provide tailored training for employees working in high-risk areas.
- Conduct periodic reviews of internal systems and controls in relation to applicable laws, legislation and company policies.
- Partner with auditors during compliance audits and regulatory inspections.
- Ensure timely submission of regulatory reports and other filings and responses to regulator requests.
- Maintain company compliance with sanctions regimes, including screening customers and transactions against sanctions lists.
- Provide regular reports to senior management and the Board on compliance programme effectiveness and key risks.
- Prepare and present compliance updates at internal meetings and governance forums.
Qualifications:
- Degree in Law, Finance, Business, or a related field.
- Relevant certifications in AML/Compliance (e.g., ACAMS, MLRO, Certificate in Compliance Management).
- 3–5 years’ proven experience in a compliance role within financial services, fintech and banking..
- Strong knowledge of AML legislation and local/international compliance regulations.
- Experience liaising with banks and in country regulators is an added advantage.
- Self-starter who can work independently with minimal supervision.
- Ability to manage multiple priorities under pressure.
- Strong analytical, communication, and stakeholder management skills.
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