Compliance Officer at Development Bank of Southern Africa (DBSA)

Job Description    

• The role is responsible for providing compliance support across the institution by assisting with monitoring regulatory adherence and supporting the development of a culture of compliance. The role identifies and reports potential compliance risks or gaps in business processes, products, and transactions.

Key Responsibilities    
KEY PERFORMANCE AREAS

Assessment and Management of Compliance Risk

• Guide business units in the implementation of compliance requirements across operational, investment, and support functions.
• Support the development of a culture of compliance through practical, solution-oriented advice.
• Monitor compliance and contribute to reducing the compliance risk exposure of the Bank.
• Keep abreast of the latest industry developments, technologies, and best practices to maintain a high level of competency and innovation.
• Support continuous improvement through identifying opportunities to enhance processes, products, or services, leveraging technical knowledge, creativity, and industry insights.

Monitor Regulatory and Internal Compliance

• Conduct reviews of business processes, documentation, and records to assess levels of regulatory compliance.
• Identify potential breaches, emerging risks, and control weaknesses, and recommend corrective actions.
• Track and monitor implementation of regulatory changes and internal policies.
• Provide input into compliance and audit reports in respect of audit issues/matters for the Audit & Risk Committee and other governance structures.

Develop and Implement Compliance Policies & Frameworks

• Participate in compliance risk assessments and control testing to enhance risk mitigation.
• Guide business units in maintaining compliance registers and reporting systems.
• Advise business units of compliance best practices and new developments.

Compliance Awareness and Reporting Capacity

• Support the delivery of training and awareness initiatives on compliance and ethical conduct.
• Prepare compliance reports and inputs for governance committees, regulators, and internal stakeholders.
• Collaborates with legal, ethics, financial crime, and business units to promote integrated compliance outcomes.
• Provide reports to ensure that compliance risks are considered and dealt with effectively and promptly.

Reporting and Data Analytics

• Generate detailed and insightful reports and analyses that support strategic decision-making and drive organisational improvement.
• Collect, process and interpret complex data using advanced analytical techniques and tools.
• Develop reports and dashboards tailored to the specific needs of stakeholders, presenting data in a clear, concise, and actionable manner using visualisations and other aids as necessary.
• Identify trends, areas of improvement and key insights that influence strategic planning and operational adjustments.

Stakeholder Management

• Engage and collaborate with key stakeholders to align expectations, gather insights, and ensure successful outcomes.
• Build relationships, communicating clearly and consistently, and addressing stakeholder needs and concerns with responsiveness and professionalism.

Key Measurements of Outputs

• Number and quality of compliance reviews, assessments, and advisory interventions
• Timeliness and accuracy of compliance risk reporting
• Level of regulatory breaches identified and resolved
• Contribution to policy interpretation and compliance training
• Clean Audit

Expertise & Technical Competencies    
QUALIFICATIONS AND EXPERIENCE

Minimum Qualification

• A Degree in Law, Finance, Accounting, Risk Management or Economics.
• Member of the Compliance Institute of Southern Africa.

Minimum Experience

• A minimum of 5 years experience in a compliance, legal, or regulatory risk function, preferably within a financial institution, development finance institution, or a state-owned entity.
• Experience in interpreting legislation and applying compliance frameworks across business units.
• Experience in monitoring, advisory, or control development functions.
• Familiarity with regulatory bodies such as the Prudential Authority, Financial Intelligence Centre (FIC), etc.
• Proven experience in end-to-end compliance management.
• Thorough understanding of regulatory requirements, industry practice, and risk management.

Desirable Requirements

• Exposure to public sector or development finance environments.
• A certification in compliance.

Deadline:15th July,2026