COMPLIANCE DIRECTOR – Absa Bank Botswana 775 views

Key Responsibilities

• Lead and maintain an enterprise-wide regulatory compliance framework aligned to Botswana banking regulations and international best practice.
• Ensure compliance with all applicable laws, regulatory requirements, prudential requirements, directives and regulatory standards.
• Provide strategic compliance advisory support to Executive Management, Board Committees and business units.
• Drive a strong culture of ethical conduct, accountability and regulatory compliance across the Bank.
• Maintain effective governance structures, policies and compliance standards.
• Lead the Bank’s Anti-Money Laundering, Counter Financing of Terrorism and Counter Proliferation Financing (AML/CFT/CPF) programme.
• Oversee KYC, customer due diligence, sanctions screening, transaction monitoring and suspicious activity reporting processes.
• Lead financial crime investigations, regulatory escalations and remediation activities.
• Monitor emerging financial crime threats and recommend appropriate control enhancements.
• Develop and execute a risk-based compliance monitoring and assurance programme.
• Ensure effective implementation of the Compliance Risk Management (CRMP).
• Conduct compliance risk assessments across business operations, products and channels.
• Identify, assess and escalate material compliance and conduct risks.
• Monitor regulatory breaches, incidents and corrective action plans.
• Ensure compliance risks are integrated into enterprise risk management processes.
• Serve as the primary liaison with regulators, supervisory authorities and relevant industry bodies.
• Coordinate regulatory inspections, reviews and supervisory engagements.
• Manage regulatory reporting obligations and ensure timely submissions.
• Maintain constructive and transparent relationships with regulatory stakeholders.
• Provide compliance oversight on strategic initiatives and new product development.
• Support implementation of regulatory change management initiatives.
• Advise on implications of evolving local and international regulatory developments.
• Collaborate with business and control functions to enable sustainable growth within risk appetite.
• Oversee management of conduct risk, regulatory complaints and customer protection obligations.
• Promote fair customer outcomes and responsible banking practices.
• Strengthen compliance culture and ethical standards across the organisation.
• Lead, mentor and develop a high-performing Compliance team.
• Build organisational compliance capability through awareness and training programmes.
• Foster strong collaboration across Business functions

Requirements

• Bachelor’s Degree in Law, Finance, Risk Management, Accounting, Economics or related field.
• Postgraduate qualification in Compliance, Risk Management, Business Administration or related discipline will be an added advantage.
• Professional certifications such as CAMS, CFE or recognised Compliance qualifications preferred.
• Minimum of 10 years’ experience within banking compliance, financial crime compliance, risk management or regulatory supervision.
• At least 5 years in a senior leadership role within a commercial banking environment.
• Strong knowledge of Botswana banking laws, AML/CFT frameworks and prudential standards.
• Demonstrated experience engaging regulators and Board Committees.
• Experience within a Tier 1 or complex financial institution will be highly advantageous.
• Strategic leadership and executive presence
• Strong regulatory and commercial acumen
• Governance and risk management expertise
• Excellent stakeholder management capability
• Strong analytical and decision-making skills
• High ethical standards and integrity
• Excellent communication and influencing capability
• Ability to operate effectively in a dynamic regulatory and operating environment

How to Apply