Job Description

To provide an independent assurance, advice and support to the business in the management of regulatory risks and ensuring regulatory risks are managed in line with agreed First National Bank Zambia and Group frameworks. The role is also accountable for implementing an appropriate regulatory risk management program in line with the business strategy.

KNOWLEDGE & SKILL

• Use of technical compliance knowledge and expertise to guide and enable the business to align and execute business practices in an appropriately risk enabled environment.
• Development of a regulatory Risk Management plan to ensure business practices align to current legislation.
• Understanding and evaluation of the regulatory landscape and Risk Protocols (policies, framework) and putting measures in place to ensure the way the business operates, and reports comply with key regulatory requirements.
• Develops a wide network of business contacts and uses influential people as agents to accomplish professional objectives.
• Shows pride in the organisation’s brand, services, and products; always acts to preserve and enhance brand value and behaviour in a way that delivers the brand promise
• Applies long-term, systemic thinking, utilising factual analysis, intuition, and creativity to imagine new and different futures for the business area / organisation.
• The ability to make firm (and sometimes difficult) decisions fairly and compassionately based on relevant facts, criteria, and disciplined, logical thinking.
• The capacity to create appropriate levels of impact by using verbal and non-verbal communication skills to influence and/or negotiate win-win agreements to proposals, plans or ideas. includes the capacity to facilitate conflict resolution and allow for maximum understanding between different parties and points-of-view.
• Design and implementation of required initiatives to increase the level of knowledge and awareness related to regulatory risk management.
• Understands organizational systems, structures, policies, and procedures. Appropriate review of policies and minimum operating standards for relevance, appropriateness, and effectiveness.

KEY ACCOUNTABILITIES

• Comply with governance in terms of legislative and policy requirements for both local as well as Group regulator. Ensure higher of Home and Host compliance.
• Advise on and provide support to stakeholders in relation to the execution of the practice relevant legislation, frameworks, processes, and tools. Providing expert input on compliance related matters to ensure informed decision making.
• Provides an advisory service and consults with business to recommend controls and processes to ensure legislative compliance.
• The development and implementation of compliance related campaigns to create awareness of the importance of compliance as well providing staff and business with knowledge and skills related to compliance.
• Ensure meaningful, timely, concise & comprehensive reporting of associated regulatory risks to governance committees and relevant stakeholders.
• Supporting the evidencing and embedding of the Regulatory Risk Management controls into business processes and platforms.
• Corporate Governance Compliance Review.
• Appropriate review of policies and minimum operating standards for relevance, appropriateness, and effectiveness.
• Plan and manage performance, skills development, succession, and talent management to improve performance and competence.
• Continuously assess own performance, seek timely and clear feedback and request training where appropriate and needed.
• Enable business compliance to avoid regulatory fines being imposed on the bank.
• Ensures that emerging legislation and the changes in relevant regulations are appropriately interpreted for impact analysis, internal monitoring plans, working papers and practices are aligned accordingly tracked.
• Build and sustain collaborative working relationships with relevant peers and stakeholders to achieve productivity synergies.
• Contribute to a culture of customer service excellence, which builds positive relationships and provides opportunity for feedback and exceptional service.

Job Details

Take note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below.

30/04/25