Compliance Director

Absa Prime Plaza (bw)executive

OtherCompliance Director

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Empowering Africa’s tomorrow, together…one story at a time. With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise,

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OtherCompliance Director

With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.

My Career Development Portal: Wherever you are in your career, we are here for you. Design your future. Discover leading-edge guidance, tools and support to unlock your potential. You are Absa. You are possibility.

Job Summary

We are seeking an experienced and strategic Compliance Director to lead the Bank and it’s subsidiaries’ regulatory compliance, financial crime compliance and conduct governance agenda within a dynamic and highly regulated commercial banking environment.
Reporting to the Managing Director with functional accountability to the Board Compliance Committee, the successful candidate will provide independent oversight and strategic leadership of the Bank’s Compliance Function, ensuring adherence to applicable banking regulations, prudential standards, AML/CFT obligations and governance requirements in Botswana.
The role requires a commercially astute executive capable of balancing regulatory expectations with business strategy, digital transformation, customer experience and operational resilience.

Lead and maintain an enterprise-wide regulatory compliance framework aligned to Botswana banking regulations and international best practice.
Ensure compliance with all applicable laws, regulatory requirements, prudential requirements, directives and regulatory standards.
Provide strategic compliance advisory support to Executive Management, Board Committees and business units.
Drive a strong culture of ethical conduct, accountability and regulatory compliance across the Bank.
Maintain effective governance structures, policies and compliance standards.

Lead the Bank’s Anti-Money Laundering, Counter Financing of Terrorism and Counter Proliferation Financing (AML/CFT/CPF) programme.
Oversee KYC, customer due diligence, sanctions screening, transaction monitoring and suspicious activity reporting processes.
Lead financial crime investigations, regulatory escalations and remediation activities.
Monitor emerging financial crime threats and recommend appropriate control enhancements.
Compliance Risk Management
Develop and execute a risk-based compliance monitoring and assurance programme.
Ensure effective implementation of the Compliance Risk Management (CRMP).
Conduct compliance risk assessments across business operations, products and channels.
Identify, assess and escalate material compliance and conduct risks.
Monitor regulatory breaches, incidents and corrective action plans.
Ensure compliance risks are integrated into enterprise risk management processes.

Serve as the primary liaison with regulators, supervisory authorities and relevant industry bodies.
Coordinate regulatory inspections, reviews and supervisory engagements.
Manage regulatory reporting obligations and ensure timely submissions.
Maintain constructive and transparent relationships with regulatory stakeholders.

Provide compliance oversight on strategic initiatives and new product development.
Support implementation of regulatory change management initiatives.
Advise on implications of evolving local and international regulatory developments.
Collaborate with business and control functions to enable sustainable growth within risk appetite.

Oversee management of conduct risk, regulatory complaints and customer protection obligations.
Promote fair customer outcomes and responsible banking practices.
Strengthen compliance culture and ethical standards across the organisation.

Lead, mentor and develop a high-performing Compliance team.
Build organisational compliance capability through awareness and training programmes.
Foster strong collaboration across Business functions.

Requirements

~1 min read

Bachelor’s Degree in Law, Finance, Risk Management, Accounting, Economics or related field.
Postgraduate qualification in Compliance, Risk Management, Business Administration or related discipline will be an added advantage.
Professional certifications such as CAMS, CFE or recognised Compliance qualifications preferred.

Minimum of 10 years’ experience within banking compliance, financial crime compliance, risk management or regulatory supervision.
At least 5 years in a senior leadership role within a commercial banking environment.
Strong knowledge of Botswana banking laws, AML/CFT frameworks and prudential standards.
Demonstrated experience engaging regulators and Board Committees.
Experience within a tier 1 or complex financial institution will be highly advantageous.

Education