We are seeking a talented, dynamic, self-driven, and results-oriented individual who is committed to performance excellence and participating in our growth strategy while maintaining the ability to address risks.
The Role:
- Responsible for ensuring compliance with the Code of Conduct, management of Conflict of Interests, and effective implementation of the bank’s Whistle Blowing program.
- Improve monitoring capabilities and enhance overall operational efficiencies within ACB.
- Ensure compliance with the regulatory framework and internal policies.
- Ensure compliance with ACB policies and methodology, including adherence to customer service standards.
- Lead and drive the implementation plans to quantify regulatory impacts and implement actions to address, manage, and mitigate impacts of regulatory changes on the bank.
- Ensure production of timely and effective AML, Sanctions, and Transaction Monitoring-related management information (“MI”) and other applicable information/reports to the Chief Risk Officer, Management Risk & Compliance Committee, and to the Board.
- Provide leadership and support in the preparation of monthly, quarterly, and ad hoc AML & Sanctions risk assessment reports in line with Management, Board, and regulatory expectations.
- Ensure adequate management information systems are in place to facilitate communication and decision making.
- Ensure smooth functioning of day-to-day operations, and report to the Chief Risk Officer any exceptions, together with details of any action taken to resolve such exceptions.
- Supervise staff to ensure that business targets of the segment are achieved.
- Lead and motivate the assigned team by displaying strong integrity and business ethics to achieve the business strategy of the Bank.
- Proactive self-education on existing procedures and products.
- Identify, in liaison with the Head Human Resources, appropriate on-the-job training and development programs and act as internal resources for in-house trainings.
- Participate in “In-house” training programs and workshops.
The Candidate:
- Bachelor’s degree or equivalent, preferably in Law, Economics, Finance, Risk Management, or a related discipline from a reputable university.
- ACAMS Certifications.
- A minimum of 8 years of experience in the banking industry or regulatory environment, with at least 5 years in AML/CFT, OFAC/Economic Sanctions, & Regulatory Compliance.
- Significant experience in Compliance Risk and Operations Management together with business management, from a frontline role in Commercial Banking.
- Experience dealing with regulatory matters and confident interaction with Management, Board, and Regulators.
- Strong grasp and practical knowledge of key regulatory trends and requirements, e.g., FATCA, ESG, GDPR, Data Governance.
- Strong understanding of Corporate Governance and the Regulatory Environment.
- Strong analytical, problem-solving, and modeling skills.
- Ability to formulate business strategy and articulate it across all levels of the organization.
- A proactive, tenacious, and results-oriented leader with great initiative.
- Detailed knowledge and understanding of wider Bank issues and policies.
Application Instructions: If you meet the above requirements and are ready for great challenges, submit:
- Covering letter
- Your Curriculum Vitae To: recruitment@acbbank.co.tz Deadline: June 29, 2025
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