Compliance Officer Job Vacancy at Mkombozi Commercial Bank

Full Time Tanzania October 22, 2026 Health And Safety

Compliance Officer Job Vacancy at Mkombozi Commercial Bank

Job Vacancy: Compliance Officer

Location: Dar es Salaam, Tanzania | Employment Type: Full Time

Reports To: Head of Risk and Compliance

Role Summary

Mkombozi Commercial Bank is seeking a detail-oriented Compliance Officer to join its Risk and Compliance Department. The role is responsible for developing and executing a risk-based compliance monitoring program—identifying, evaluating, tracking, and reporting on all material compliance, statutory, and regulatory risks across the bank’s head office and branch operations.

Key Responsibilities

1. Regulatory Monitoring & Correspondence

Regulatory Tracker: Maintain the bank’s regulatory correspondence tracker and ensure timely follow-ups, submissions, and responses to regulatory bodies.
Returns & Reporting: Coordinate the accurate and timely preparation and filing of all required statutory and regulatory returns.
Regulatory Updates: Monitor changes in banking laws and regulations, coordinating their prompt integration into operational workflows.

2. Financial Crime, Data Protection & ESG Governance

AML/CFT/CPF Compliance: Monitor compliance with Anti-Money Laundering (AML), Counter-Financing of Terrorism (CFT), and Counter-Proliferation Financing (CPF) guidelines, including customer screening and transaction monitoring.
Data Protection: Coordinate and monitor compliance with the Personal Data Protection Act, 2022, ensuring full oversight of data privacy duties and statutory reporting.
ESG Framework: Oversee the implementation of the Bank’s Environmental, Social, and Governance (ESG) framework and regulatory obligations.

3. Compliance Reviews, Policy Oversight & Advisory

Operational Audits: Conduct periodic risk-based compliance reviews across bank operations and branch networks.
Breach & Remediation Tracking: Identify, document, and escalate compliance breaches, tracking the resolution of corrective actions stemming from internal reviews and regulatory inspections.
Policy Management: Maintain the Bank’s central policy register, driving timely updates and reviews with policy owners.
Product & Business Advisory: Assess compliance requirements for new products, services, and operational processes while offering ongoing guidance to departments and branches.

Qualifications & Requirements

Academic & Experience

Education: University Degree or Advanced Diploma in Banking, Finance, Law, Business Administration, or a related field from a recognized institution.
Experience: Minimum of 2 years of relevant professional experience within the banking sector or specialized compliance functions.

Competencies & Technical Skills

Regulatory Knowledge: Solid understanding of Tanzanian banking sector compliance frameworks, corporate governance standards, policies, and procedural guidelines.
Analytical Ability: Strong analytical, problem-solving, and risk-assessment capabilities.
Communication: Excellent verbal and written communication skills.

How to Apply

Submission Instructions

Interested and qualified applicants should email their Cover Letter and updated Curriculum Vitae (CV) to:

Email: [email protected]
Subject Line: Application for Compliance Officer - [Your Full Name]
Closing Deadline: 5th November 2026

Note: Only shortlisted candidates will be contacted.

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