Compliance Officer
2026-05-11T09:50:29+00:00
Loanco Financial Services
https://cdn.greatzambiajobs.com/jsjobsdata/data/employer/comp_10149/logo/Loanco%20Financial%20Services.png
https://loancofinancial.com/
FULL_TIME
Lusaka
Lusaka
10101
Zambia
Finance
Accounting & Finance, Business Operations, Legal
2026-05-25T17:00:00+00:00
8
Company Overview
LoanCo Zambia is a Non Banking Deposit Taking Microfinance Institution specializing in payroll lending across Zambia, with a strong focus on public and private sector employees. We're committed to ethical financial services, regulatory excellence, and financial inclusion. Join our expanding team to ensure compliance while driving growth in a dynamic environment.
Job Summary
We are seeking an experienced and detail-oriented Zambian Compliance Officer to ensure full adherence to Bank of Zambia (BOZ) regulations, anti-money laundering (AML) requirements, consumer protection laws, and internal policies. This upper-level role involves developing compliance frameworks, conducting risk assessments, and supporting regulatory reporting, while collaborating with group-level stakeholders in Pretoria.
Key Responsibilities:
- Develop, implement, and monitor the institution's compliance framework, including policies for AML/CFT, consumer protection, and BOZ reporting obligations.
- Conduct regular risk assessments, internal reviews, and staff training on regulatory requirements, including the Banking and Financial Services Act, Prohibition and Prevention of Money Laundering Act, and BOZ Directives.
- Oversee suspicious transaction reporting, KYC processes, and liaison with regulatory bodies such as BOZ and the Financial Intelligence Centre (FIC).
- Prepare and submit accurate quarterly/annual reports to BOZ, ensuring timely compliance with licensing conditions and governance standards.
- Collaborate with Audit, Risk, and Credit Committees to address findings and implement corrective actions.
- Monitor changes in Zambian financial regulations and advise management on impacts to payroll lending operations.
- Utilize our proprietary software (Credit Ease) for compliance monitoring and reporting—full training will be provided.
- Build strong relationships with internal teams to foster a culture of compliance and ethical practices.
Required Qualifications and Experience:
- Zambian national with proven experience in compliance, preferably in microfinance, NBFI, banking, or fintech sectors.
- In-depth knowledge of BOZ regulations for deposit taking MFI’s, non-deposit-taking MFIs, AML/CFT directives, and consumer protection laws.
- Experience in regulatory reporting, risk-based compliance monitoring, and handling BOZ inspections or audits is essential.
- Degree in Law, Finance, Banking, Economics, Risk Management, or a related field; professional qualifications (e.g., AML certification) are an advantage.
- Minimum 3–5 years in a similar compliance role preferred.
- This position and candidate is subject to approval by the Bank of Zambia.
Key Skills and Attributes:
- Proficiency in standard IT tools: Email, Microsoft Word, and advanced Excel skills (e.g., for data analysis, compliance dashboards, and reporting).
- Goal-oriented mindset with strong analytical skills and attention to detail.
- Ability to work independently while interacting effectively with senior management and group-level stakeholders.
What We Offer:
- Competitive upper-level salary and customizable incentive scheme based on compliance performance (benchmark details below).
- Opportunity to play a key role in a growing payroll lending operation and other financial services products, allowed under the Bank of Zambia license specifications.
- Professional development, including regulatory training and software familiarization.
- Lusaka-based role contributing to financial inclusion and regulatory excellence in Zambia.
- Salary will be discussed individually but will range between ZMW24,000 to ZMW 30,000 cost to company per month. A 13th cheque forms part of the package.
* Develop, implement, and monitor the institution's compliance framework, including policies for AML/CFT, consumer protection, and BOZ reporting obligations. * Conduct regular risk assessments, internal reviews, and staff training on regulatory requirements, including the Banking and Financial Services Act, Prohibition and Prevention of Money Laundering Act, and BOZ Directives. * Oversee suspicious transaction reporting, KYC processes, and liaison with regulatory bodies such as BOZ and the Financial Intelligence Centre (FIC). * Prepare and submit accurate quarterly/annual reports to BOZ, ensuring timely compliance with licensing conditions and governance standards. * Collaborate with Audit, Risk, and Credit Committees to address findings and implement corrective actions. * Monitor changes in Zambian financial regulations and advise management on impacts to payroll lending operations. * Utilize our proprietary software (Credit Ease) for compliance monitoring and reporting—full training will be provided. * Build strong relationships with internal teams to foster a culture of compliance and ethical practices.
* Proficiency in standard IT tools: Email, Microsoft Word, and advanced Excel skills (e.g., for data analysis, compliance dashboards, and reporting). * Goal-oriented mindset with strong analytical skills and attention to detail. * Ability to work independently while interacting effectively with senior management and group-level stakeholders.
* Zambian national with proven experience in compliance, preferably in microfinance, NBFI, banking, or fintech sectors. * In-depth knowledge of BOZ regulations for deposit taking MFI’s, non-deposit-taking MFIs, AML/CFT directives, and consumer protection laws. * Experience in regulatory reporting, risk-based compliance monitoring, and handling BOZ inspections or audits is essential. * Degree in Law, Finance, Banking, Economics, Risk Management, or a related field; professional qualifications (e.g., AML certification) are an advantage. * Minimum 3–5 years in a similar compliance role preferred. * This position and candidate is subject to approval by the Bank of Zambia.
JOB-6a01a6658b251
Vacancy title:
Compliance Officer
[Type: FULL_TIME, Industry: Finance, Category: Accounting & Finance, Business Operations, Legal]
Jobs at:
Loanco Financial Services
Deadline of this Job:
Monday, May 25 2026
Duty Station:
Lusaka | Lusaka
Summary
Date Posted: Monday, May 11 2026, Base Salary: Not Disclosed
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JOB DETAILS:
Company Overview
LoanCo Zambia is a Non Banking Deposit Taking Microfinance Institution specializing in payroll lending across Zambia, with a strong focus on public and private sector employees. We're committed to ethical financial services, regulatory excellence, and financial inclusion. Join our expanding team to ensure compliance while driving growth in a dynamic environment.
Job Summary
We are seeking an experienced and detail-oriented Zambian Compliance Officer to ensure full adherence to Bank of Zambia (BOZ) regulations, anti-money laundering (AML) requirements, consumer protection laws, and internal policies. This upper-level role involves developing compliance frameworks, conducting risk assessments, and supporting regulatory reporting, while collaborating with group-level stakeholders in Pretoria.
Key Responsibilities:
- Develop, implement, and monitor the institution's compliance framework, including policies for AML/CFT, consumer protection, and BOZ reporting obligations.
- Conduct regular risk assessments, internal reviews, and staff training on regulatory requirements, including the Banking and Financial Services Act, Prohibition and Prevention of Money Laundering Act, and BOZ Directives.
- Oversee suspicious transaction reporting, KYC processes, and liaison with regulatory bodies such as BOZ and the Financial Intelligence Centre (FIC).
- Prepare and submit accurate quarterly/annual reports to BOZ, ensuring timely compliance with licensing conditions and governance standards.
- Collaborate with Audit, Risk, and Credit Committees to address findings and implement corrective actions.
- Monitor changes in Zambian financial regulations and advise management on impacts to payroll lending operations.
- Utilize our proprietary software (Credit Ease) for compliance monitoring and reporting—full training will be provided.
- Build strong relationships with internal teams to foster a culture of compliance and ethical practices.
Required Qualifications and Experience:
- Zambian national with proven experience in compliance, preferably in microfinance, NBFI, banking, or fintech sectors.
- In-depth knowledge of BOZ regulations for deposit taking MFI’s, non-deposit-taking MFIs, AML/CFT directives, and consumer protection laws.
- Experience in regulatory reporting, risk-based compliance monitoring, and handling BOZ inspections or audits is essential.
- Degree in Law, Finance, Banking, Economics, Risk Management, or a related field; professional qualifications (e.g., AML certification) are an advantage.
- Minimum 3–5 years in a similar compliance role preferred.
- This position and candidate is subject to approval by the Bank of Zambia.
Key Skills and Attributes:
- Proficiency in standard IT tools: Email, Microsoft Word, and advanced Excel skills (e.g., for data analysis, compliance dashboards, and reporting).
- Goal-oriented mindset with strong analytical skills and attention to detail.
- Ability to work independently while interacting effectively with senior management and group-level stakeholders.
What We Offer:
- Competitive upper-level salary and customizable incentive scheme based on compliance performance (benchmark details below).
- Opportunity to play a key role in a growing payroll lending operation and other financial services products, allowed under the Bank of Zambia license specifications.
- Professional development, including regulatory training and software familiarization.
- Lusaka-based role contributing to financial inclusion and regulatory excellence in Zambia.
- Salary will be discussed individually but will range between ZMW24,000 to ZMW 30,000 cost to company per month. A 13th cheque forms part of the package.
Work Hours: 8
Experience in Months: 12
Level of Education: bachelor degree
Job application procedure
Interested in applying for this job? Click here to submit your application now.
Send your CV, cover letter, and references, with the subject "Compliance Officer Application – Lusaka." Applications close, Monday the 25th of May 2026. Only shortlisted candidates will be contacted.
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