Standard Bank Group is a leading Africa-focused financial services group, and an innovative player on the global stage, that offers a variety of career-enhancing opportunities – plus the chance to work alongside some of the sector’s most talented, motivated professionals. Our clients range from individuals, to businesses of all sizes, high net worth families and large multinational corporates and institutions. We’re passionate about creating growth in Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.
To enable the execution of Compliance Monitoring plans, processes and activities across dedicated areas of a Business Unit, in-line with the Group Monitoring Framework and standards to ensure the effective identification and reporting of Compliance risks and cases of non-compliance, to avoid operational losses, fines, penalties or reputational damage to the organisation and enable competitive advantage for the organisation.
Job Summary
- Employer: Standard Bank
- Job Type: Full-time
- Location: Gaborone, Botswana
- Category: Risk Management
- Closing Date: 2026-10-16
Key Responsibilities
- To enable the execution of Compliance Monitoring plans, processes and activities across dedicated areas of a Business Unit, in-line with the Group Monitoring Framework and standards to ensure the effective identification and reporting of Compliance risks and cases of non-compliance, to avoid operational losses, fines, penalties or reputational damage to the organisation and enable competitive advantage for the organisation.
Requirements
- Type of Qualification: First Degree
- Field of Study: Business Commerce, Risk Management
- Required: CIA
- 5-7 years
- The role requires a specialist in Compliance Advisory and Monitoring with a sound knowledge of the relevant regulatory requirements and upcoming developments applicable to a specific business area as well as a solid understanding of banking policies, products and activities. Ability to take the understanding of business needs and operations and to translate it into Compliance risk management solutions.
- Behavioural Competencies: – Adopting Practical Approaches – Articulating Information – Challenging Ideas – Checking Things – Examining Information – Exploring Possibilities – Interacting with People – Interpreting Data – Meeting Timescales – Producing Output – Providing Insights – Team Working
- Technical Competencies: – Evaluation of Internal Controls – Promote Good Governance, Risk & Control – Data Integrity – Knowledge Classification – Research & Information Gathering
How to Apply
To apply, please visit: jobs.smartrecruiters.com
Frequently Asked Questions
What qualifications or certifications do I need to become a Compliance Monitoring Officer at a bank like Standard Bank in Botswana?
Most employers require a bachelor's degree in Finance, Law, Accounting, or Risk Management. Professional certifications such as ICA Compliance, ACAMS, or CISI are highly valued and often preferred. Relevant banking experience of 2-4 years is typically expected for this level.
What are the typical day-to-day responsibilities of a Compliance Monitoring Officer?
You will conduct compliance testing, monitor adherence to Bank of Botswana regulations, and prepare reports for senior management. The role involves reviewing policies, identifying regulatory risks, and working with business units to remediate findings. Regular interaction with internal audit and external regulators is also common.
How does the work culture in Botswana's banking sector affect this role?
Botswana's banking sector values professionalism, punctuality, and respect for hierarchy. Compliance officers must navigate collaborative relationships while maintaining independence and authority to challenge business decisions. Understanding local customs and building trust across departments is essential for effectiveness.
What career progression opportunities exist for Compliance Monitoring Officers in Botswana?
Progression typically moves to Senior Compliance Officer, Compliance Manager, or Head of Compliance within 5-7 years. Some professionals transition into broader risk management roles or specialized areas like AML or regulatory advisory. Regional opportunities within Standard Bank's African operations may also open up with experience.
What benefits are typically offered for full-time Risk Management roles in Botswana banks?
Standard benefits include medical aid coverage, pension contributions, and annual leave of 20-25 days. Many banks also offer performance bonuses, study assistance for professional qualifications, and group life insurance. Specific packages vary by employer and seniority level.
How should I apply for a Compliance Monitoring Officer position, and what do Botswana employers prioritize?
Apply through the bank's official careers portal or reputable local job boards like CareerPool Botswana. Employers prioritize demonstrated knowledge of Botswana's regulatory framework, attention to detail, and strong report-writing skills. Tailor your CV to highlight compliance experience and any relevant certifications.
