The Development Bank of Southern Africa ("DBSA”) is a development finance institution wholly owned by the South African Government. Its purpose is to accelerate sustainable socio-economic development to improve the quality of life of the people in South Africa, SADC and Rest of Africa by providing financial and non-financial investments in the social and e...
Job Description
- The purpose of the Principal Financial Crime Officer is to provide advanced advisory, oversight, and technical expertise on the full spectrum of financial crime compliance, including anti-money laundering, combating the financing of terrorism, sanctions compliance, fraud prevention and fulfilling the Section 42A of the FIC Amendment Act role of ensuring the effectiveness of the Financial Crime stream. The role plays a key part in designing, implementing, and refining systems and controls across due diligence and reporting. It supports the integration of a risk-based approach to financial crime governance, strengthens awareness across the DBSA, and contributes to meeting both domestic and international regulatory obligations. This role contributes to safeguarding the DBSA’s integrity, reputation, and regulatory standing through strong financial crime prevention and detection capability.
Key Responsibilities
Strategic Financial Crime Focus
- Contribute to the development and implementation of a financial crime compliance strategy to manage and mitigate financial crime risks, including AML, fraud prevention, and sanctions compliance.
- Develop risk-based financial crime policies, procedures, and control frameworks to ensure appropriate controls are in place.
- Integrate financial crime risk into broader compliance monitoring plans and governance framework.
- Foster a culture of compliance and ethical conduct within the organisation by promoting awareness and understanding of financial crime risks among employees.
- Continuously review and enhance the financial crime framework, technologies and methodologies to reflect changes in regulatory expectations and emerging risks.
Lead Advisory and Oversight of Financial Crime Compliance
- Provide expert guidance on financial crime legislation, regulatory expectations, and institutional obligations.
- Support implementation of a risk-based financial crime compliance framework across business units.
- Advise on high-risk clients, transactions, geographies, and sectors requiring enhanced controls or approvals.
- Provide input and support to group and divisional compliance initiatives.
- Verify that all financial crime activities are undertaken for all areas and projects of the DBSA.
- Partner with relevant stakeholders across the Bank to effectively manage financial crime risk.
Financial Crime Risk Assessment
- Perform regular Bankwide risk assessments to identify potential financial crime risks within the organisation.
- Evaluate the effectiveness of existing controls and develop continuous improvement processes and frameworks across the Bank’s business units and operations.
- Present risk assessment reports to senior management and the Board, highlighting key findings and recommendations.
- Provide insights and advice on high-risk clients, transactions, geographies, and sectors requiring enhanced due diligence, monitoring, or escalation.
Drive Know Your Customer (KYC) and Enhanced Due Diligence
- Provide oversight of client onboarding and ongoing due diligence, applying a risk-based approach.
- Lead complex enhanced due diligence reviews and recommend mitigations for clients with heightened financial crime risk.
- Advise on appropriate documentation, verification, and ongoing monitoring standards.
Monitoring and Assessing Anti-Money Laundering (AML) and Sanctions Controls
- Execute anti-money laundering activities, transaction reviews, and analysis of suspicious indicators.
- Conduct screening processes for politically exposed persons, sanctions, and watchlists.
- Work with internal teams to respond to alerts, investigate anomalies, and escalate suspicious activity reports.
- Interact with internal and external bodies to identify and manage financial crime risk.
Communication and Awareness Initiatives
- Design and deliver financial crime training programmes tailored to the needs of the Bank.
- Promote a culture of compliance and ethical behaviour across the Bank.
- Manage the review of training content and regularly update to reflect regulatory changes and emerging threats.
- Approve and facilitate training and awareness initiatives to strengthen staff understanding of financial crime risks and promote a strong culture of compliance across the institution.
Governance and Reporting
- Review and respond to regulatory queries, internal audits, or ethics-related investigations relating to financial crime.
- Lead the preparation of submissions to compliance and risk management committees from a financial crime perspective.
- Implement corrective actions and drive continuous improvement in financial crime controls.
- Maintain audit readiness through regular self-assessments and control testing.
- Oversee compliance with financial crime legislation, regulatory expectations, and institutional obligations relating to anti-money laundering (AML) and sanctions compliance.
- Analyse trends and patterns in financial crimes and integrate findings into the broader compliance monitoring framework and governance processes.
- Prepare and present financial crime compliance submissions, reports, and insights to relevant compliance, risk, and governance committees to support informed decision-making.
- Draft internal reports, regulatory returns, and risk committee inputs to anti-money laundering and sanctions compliance.
Stakeholder Management
- Partner with internal stakeholders across the Bank to identify, assess, and manage financial crime risks in line with regulatory and governance requirements.
- Liaise with external regulators, law enforcement, and industry bodies as required.
- Represent the bank in financial crime forums and working groups to align expectations, gather insights, and ensure successful outcomes.
People Management
- Lead, mentor, and develop a high-performing team, fostering a culture of collaboration, accountability, and continuous learning to maximise individual and collective potential.
- Drive talent development initiatives, including coaching, performance management, and career pathing, to build and retain a skilled and motivated team.
- Provide direction and management to the Division, to enable strategy execution.
- Attract, retain, develop talent and ensure succession planning and sufficient capacity and capability in all critical functions, supporting diversity strategies and initiatives as well.
- Promote DBSA values and a culture of high performance through implementing performance management in line with the planned strategic objectives, goals, quality standards and agreed key performance measures using sound performance management principles.
- Contribute to building synergies & cooperation across functions in the DBSA.
Key Measurements of Outputs
- Effectiveness and coverage of financial crime risk assessments, including timely identification and mitigation of key risks.
- Accuracy and completeness of politically exposed persons screening, know your client documentation, and enhanced due diligence reports.
- Accuracy and efficiency of AML screening and transaction monitoring, including the number of suspicious activity reports (SARs) filed and false positive rates.
- Compliance rate with KYC/CDD requirements, including completion of periodic reviews and updates of customer risk profiles.
- Quality and timeliness of financial crime reporting to senior management, governance committees, and regulators.
- Audit readiness and outcomes, including the number of audit findings and the effectiveness of corrective actions implemented.
- Training coverage and effectiveness, measured by completion rates and post-training assessment scores across business units.
- Level of digital enablement in financial crime controls, including automation of monitoring systems and adoption of analytics tools.
- Management of team performance, talent development, and succession planning using the performance management system.
Minimum Qualification
- A Postgraduate Degree in Law, LLB, Compliance, Forensic Accounting, Risk Management.
- A certification in anti-money laundering or financial crime prevention.
- Accredited or certified member of the Compliance Institute of Southern Africa (CISA).
Minimum Experience
- A minimum of 10 years of relevant experience in financial crime risk management, anti-money laundering, sanctions compliance, and forensic auditing.
- Demonstrated ability to apply regulatory requirements in a financial or development finance institution.
- Experience in conducting transaction monitoring, drafting reports, and engaging with regulators.
- Experience managing interactions with the Financial Intelligence Centre, law enforcement, or prudential regulators.
- Practical exposure to screening systems, transaction monitoring tools, and client risk rating models.
Desirable Requirements
- Familiarity with public sector and developmental finance regulatory frameworks and infrastructure-specific risks.
Deadline:17th July,2026
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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
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Job Description
- The purpose of the Principal Compliance Officer is to provide advanced compliance support across the institution, with a focus on embedding a robust compliance culture, monitoring regulatory adherence, and supporting ethical conduct. The role identifies, analyses, and responds to regulatory risks and compliance gaps across business processes, products, and transactions. The role contributes to policy interpretation, compliance advisory, and the design of controls to manage regulatory obligations. This role further contributes to protecting DBSA’s integrity, maintaining regulatory compliance, and promoting responsible conduct across the organisation.
Key Responsibilities
KEY PERFORMANCE AREAS
Strategic Compliance Focus
- Contribute to the development and implementation of a compliance strategy to manage and mitigate compliance risks and breaches.
- Integrate compliance risk into broader compliance monitoring plans and governance framework.
- Foster a culture of compliance and ethical conduct within the organisation by promoting awareness and understanding of compliance among employees.
- Oversee the implementation of compliance policies across the organisation, ensuring that all employees understand and adhere to these policies.
- Continuously review and enhance the compliance framework, technologies and methodologies to reflect changes in regulatory expectations and emerging risks.
- Guide the team on developments in legislation, regulatory guidance, and industry practices, and proactively recommend operational changes to address the potential impact of regulatory changes on the organisation and its business units.
Assessment and Management of Compliance Risk
- Interpret applicable laws, regulations, and codes of practice to advise internal stakeholders on compliance obligations.
- 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.
- Identify and assess the regulatory universe and draft compliance risk management plans for high-risk legislation.
- Monitor compliance and contribute to reducing the compliance risk exposure of the Bank.
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.
- Interact with internal and external bodies such as Risk Management, Internal Audit, Legal Services, Regulators and Industry Bodies to identify and manage compliance risk
- Monitor compliance functions are undertaken for all areas and projects of the Bank.
- Provide input into high-level 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
- Contribute to the design and updating of compliance policies, procedures, and guidelines.
- 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.
Communication and Awareness Initiatives
- Design and deliver compliance training programmes tailored to the needs of the Bank.
- Promote a culture of compliance and ethical behaviour across the Bank.
- Manage the review of training content and regularly update to reflect regulatory changes and emerging threats.
- Approve and facilitate training and awareness initiatives to strengthen staff understanding of compliance and promote a strong culture of compliance across the institution.
Governance and Reporting
- Prepare for and respond to internal and external audits and regulatory inspections.
- Implement corrective actions and drive continuous improvement in compliance controls.
- Maintain audit readiness through regular self-assessments and control testing.
- Analyse trends and patterns and integrate findings into the broader compliance monitoring framework and governance processes.
- 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.
- Prepare and present compliance submissions, reports, and insights to relevant compliance, risk, and governance committees to support informed decision-making.
- Manage and verify responses to regulatory queries, internal audits, ethics investigations, and assurance reviews relating to compliance.
- 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.
Stakeholder Management
- Partner with internal stakeholders across the Bank to identify, assess, and manage compliance risks in line with regulatory and governance requirements.
- Liaise with external regulators, law enforcement, and industry bodies as required.
- Represent the bank in compliance forums and working groups to align expectations, gather insights, and ensure successful outcomes.
People Management
- Lead, mentor, and develop a high-performing team, fostering a culture of collaboration, accountability, and continuous learning to maximise individual and collective potential.
- Drive talent development initiatives, including coaching, performance management, and career pathing, to build and retain a skilled and motivated team.
- Provide direction and management to the Division, to enable strategy execution.
- Attract, retain, develop talent and ensure succession planning and sufficient capacity and capability in all critical functions, supporting diversity strategies and initiatives as well.
- Promote DBSA values and a culture of high performance through implementing performance management in line with the planned strategic objectives, goals, quality standards and agreed key performance measures using sound performance management principles.
- Contribute to building synergies & cooperation across functions in the DBSA.
Key Measurements of Outputs
- Effectiveness and coverage of compliance risk assessments, including timely identification and mitigation of key risks
- Reduction in the incidence and severity of regulatory breaches, and effectiveness and timeliness of remediation actions implemented.
- Quality, relevance, and risk impact of compliance reviews, assessments, and advisory interventions conducted across the organisation.
- Quality of regulatory guidance provided, and impact of compliance training and awareness initiatives on improving compliance culture and understanding.
- Quality and timeliness of reports to senior management, governance committees, and regulators.
- Audit readiness and outcomes, including the number of audit findings and the effectiveness of corrective actions implemented.
- Training coverage and effectiveness, measured by completion rates and post-training assessment scores across business units.
- Level of digital enablement in compliance controls, including automation of monitoring systems and adoption of analytics tools.
- Management of team performance, talent development, and succession planning using the performance management system.
QUALIFICATIONS AND EXPERIENCE
Minimum Qualification
- A Postgraduate Degree in Law, LLB, Compliance, Business Administration, Risk Management
- Accredited / Certified Member of the Compliance Institute of Southern Africa (CISA)
- A certification in compliance management
Minimum Experience
- A minimum of 10 years in a compliance or regulatory risk function.
- Proven experience in the end-to-end compliance management
- 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.
- Deep knowledge of regulatory requirements, industry practice & risk management.
Desirable Requirements
- Familiarity with public sector and developmental finance regulatory frameworks and infrastructure-specific risks
- Experience within a financial institution, development finance institution, or a state-owned entity.
Deadline:17th July,2026
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Job Description
- The Organisational Effectiveness Specialist is accountable for developing and implementing organisational effectiveness strategies, culture plans, performance management frameworks and change management methodologies, ensuring that these frameworks support the DBSA’s strategic objectives. The role is responsible for conducting and reporting on psychometric assessments in compliance with HPCSA requirements, providing evaluations and feedback to individuals, managers, and business units to enable evidence-based people decisions. The role drives the embedding of the DBSA’s intended organisational culture through targeted initiatives, diagnostics, and activation programmes that enhance employee engagement, capability, and organisational adaptability.
Key Responsibilities
Organisation Effectiveness and Culture
- Translate the OE strategy into tangible initiatives and processes that support organisation’s strategic objectives and goals.
- Develop and implement culture and value alignment processes to improve cultural collaboration and the support of the DBSA mandate, strategy and goals.
- Design and implement culture initiatives and activation programmes that strengthen employee connection to DBSA’s values, purpose, and ways of working, tracking uptake and impact.
- Promote the integration of organisational effectiveness and change management across the business through stakeholder education, awareness, partnership and consultation.
- Contribute to the development and continuous refinement of the DBSA Organisational Effectiveness and Culture Strategy, ensuring alignment with the Bank’s mandate, strategic priorities, and operating context.
- Design and enable integrated culture strategies and plans, informed by organisational diagnostics, to embed desired values, behaviours, and ways of working.
- Leverage culture surveys, engagement data, performance insights, and broader HC metrics to identify trends and generate actionable organisational insights.
- Partner with business leaders to translate diagnostic findings into targeted interventions that enhance organisational effectiveness, employee engagement, and performance.
- Serve as a trusted advisor to leadership by providing integrated OE insights that inform decision-making on organisational health and transformation priorities.
Organisation Design
- Develop fit-for-purpose operating models, structures, frameworks, systems and metrics that are best fit between the organisation and its context that will deliver maximum agility, flexibility and responsiveness, now and going into the future.
- Support the organisation to understand the current state and work towards an imagined or desired future state, identifying issues/constraints, opportunities, implications and effectively supporting and facilitating people, teams and the organisation through change putting the organisation on a suitable strategic trajectory.
- Translate the organisation’s strategic intent and business goals into focused work units (divisions, clusters or units); day-to-day workflows and modes of working and the requisite levels of work with well-defined work roles with clear distribution of responsibilities, accountabilities and authority.
- Integrate activities seamlessly between organisational units, teams and individuals, resulting in an integrated strategic thrust and response by the organisation.
- Create greater economies of scale and cost efficiencies through effective workforce planning.
- Enable optimal resource allocation and deployment.
- Continuously review the organisational and divisional strategies, understand and provide guidance on the organisational/structural implications required to deliver the strategies.
- Provide key advisory and support role to the Divisions/Units and Human Capital Team in the field of organisational diagnostics, organisational design and structures.
Performance and Talent Management
- Initiate and facilitate initiatives to enhance a purpose driven culture through interventions based on effective application of performance management system, talent and succession management process and development plans.
- Implement a performance management framework and embed processes for setting objectives, monitoring progress, and evaluating employee performance.
- Drive performance management effectiveness by delivering diagnostic insights, supporting calibration, and ensuring alignment with organizational culture and strategy.
- Implement processes to identify high-potential employees and critical skills gaps to build leadership pipelines and ensure organisational continuity.
- Provide accurate, timely insights on performance ratings, talent pools, and workforce readiness.
Psychometric Assessments and Reporting
- Coordinate or administer, score, and interpret psychometric assessments for selection, development, and organisational diagnosis purposes in compliance with HPCSA guidelines and applicable legislation.
- Provide psychometric assessment services to all employees including new entrants, ensuring structured onboarding feedback and development recommendations are communicated to the relevant business units.
- Produce insightful psychometric evaluation reports that support evidence-based decision-making for selection, placement, succession, and individual development planning.
- Provide structured feedback sessions to individuals and managers following assessments, ensuring findings are clearly explained and linked to practical development actions.
- Maintain a psychometric assessment register and ensure all practices remain aligned with HPCSA ethical guidelines, test publisher requirements, and DBSA policy.
Coaching Coordination
- Provide input into the design of mentoring and coaching frameworks aligned to OE, culture, and leadership priorities.
- Maintain and monitor alignment of coaching interventions to culture, leadership and transformation objectives.
- Use insights from coaching outcomes to inform organisation-wide OE interventions.
- Partner with Learning & Development / Talent functions for implementation and operations.
Change Management
- Develop and implement change management methodologies / frameworks to adopt a structured approach to change management of various corporate initiatives/projects in the organisation.
- Formulate change management approach(es) to evaluate the impact of the change(s) in the organisation.
- Facilitate the conducting of impact analyses and readiness assessments, change characteristics assessment, stakeholder analysis (including key stakeholder tracking) and develop a customised strategy and approach for identified bank-wide initiatives/projects.
- Provide the appropriate change management diagnostic tools to business to deliver each change initiative for their areas of responsibility means to ensure that the change is fully embedded as intended.
- Work with business to create broad-scale and targeted internal-based communications, training strategies and associated materials with the aim of conducting briefings and/or communicating new initiatives and systems and drive change management.
- Serve as a trusted advisor through integrated OE analytics, combining culture, engagement, performance, and workforce data to generate enterprise-level insights.
Project Management and Reporting
- Participate in the design and deployment of broader Human Capital Projects, amongst others, in the area of Organisational Design, Performance Management, HC Systems, Talent Management, Learning & Development, Recruitment, etc. in terms of the correlation / integration / development and alignment of Remuneration & Benefits.
- Prepare management proposals, presentations and reports for Human Capital, Divisions, Executive Committees, Boards & Stakeholders.
Minimum Qualification
- A Masters Degree in Industrial Psychology and industrial psychologist designation.
- Professional membership with the Health Professional Council of South Africa (HPCSA).
Minimum Experience
- A minimum of 8 years’ relevant experience as a Senior Organisational /Effectiveness/Development Specialist or similar function.
- Proven experience in a strategic HC advisory capacity, partnering with senior leadership to align human capital practices to organisational strategy.
- Demonstrated experience in administering, scoring, interpreting, and reporting on psychometric assessments, including provision of individual and group feedback, in compliance with HPCSA guidelines.
- Demonstrated experience in developing and implementing culture strategies and culture plans, with measurable impact on organisational culture and employee engagement.
- Experience working with senior leadership in medium to large size companies.
- Demonstrated experience of a similar role gained in a related industry preferably in the Banking/Financial Sector.
- Demonstrated experience in leading culture and change management initiatives in an organisation.
- Demonstrated knowledge and use of project management methodologies.
- Good understanding of South African employment legislation.
- Experience in preparing OE/OD reports and presentations for various stakeholders (Units, Divisions, Steering Committees, Exco and Board).
Desirable Requirements
- Working knowledge of HC information systems (HC SAP SuccessFactors).
- Broad generalist Human Capital experience spanning the full employee lifecycle, including talent, performance, and HC operations.
- Proven experience in organisational design, job analysis, job evaluation and grading.
- A Change Management certification.
Deadline:16th July,2026
Method of Application
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