Senior Regulatory Compliance Officer
Listing reference: capbw_003274
Listing status: Online
Apply by: 10 June 2026
Position summary
Industry: Banking
Job category: Banking, Finance, Insurance. Stockbroking
Location: Windhoek
Contract: Permanent
Remuneration: TBD
EE position: No
Introduction
The Senior Regulatory Compliance Officer will provide specialist assistance with the management and integration of regulatory compliance across the bank, ensuring adherence to all applicable laws, regulations, directives and industry standards. In addition, the Senior Regulatory Compliance Officer serves as a key liaison between the bank, regulatory authorities, and internal governance structures to support a strong culture of compliance.
Job description
KEY PERFORMANCE AREAS
1. Regulatory Compliance Oversight
• Identify, assess and mitigate compliance risks arising from new or amended legislation.
• Monitor new regulatory developments and provide input and comment to regulators.
• Drafting of Compliance Risk Management Plans (CRMP’s) including controls that can be utilised bank-wide, ensuring appropriate consultation with the business units’ risk and compliance officers and line management.
• Actively participate in process re-engineering, product development and other project meetings where invited to provide subject matter expertise on regulatory requirements and contribute to the risks and issues logs for these meetings.
• Monitor new regulatory developments and provide input and comment to regulators.
• Drafting of Compliance Risk Management Plans (CRMP’s) including controls that can be utilised bank-wide, ensuring appropriate consultation with the business units’ risk and compliance officers and line management.
• Actively participate in process re-engineering, product development and other project meetings where invited to provide subject matter expertise on regulatory requirements and contribute to the risks and issues logs for these meetings.
2. People Leadership and Management
• Manage and coordinate the activities of the Regulatory Compliance Officer and ensure consistency, quality and regulatory alignment across all compliance outputs and reports.
• Set performance objectives, conduct appraisals and manage development plans for direct report.
• Set performance objectives, conduct appraisals and manage development plans for direct report.
3. Monitoring, Reporting and Assurance
• Conduct informal compliance monitoring, post implementation reviews and spot checks when required.
• Assist in the compilation of compliance reports submitted to Management, Senior Management, BARC and regulators.
• Management of onsite and offsite regulatory inspections and reviews, ensuring a structured approach to planning, engagement with the regulators, business support, and timely response to findings.
• Ensure that regulatory findings are logged, tracked and closed within agreed timelines.
• Assist in the compilation of compliance reports submitted to Management, Senior Management, BARC and regulators.
• Management of onsite and offsite regulatory inspections and reviews, ensuring a structured approach to planning, engagement with the regulators, business support, and timely response to findings.
• Ensure that regulatory findings are logged, tracked and closed within agreed timelines.
4. Regulatory Engagement & Advisory
• Serve as compliance point of contact with regulators including Bank of Namibia, NAMFISA, FIC and other industry bodies.
• Provide commercially sound regulatory advice to business units and senior stakeholders.
• Assist in the preparation and submission of regulatory applications, notifications, returns and approvals.
• Provide commercially sound regulatory advice to business units and senior stakeholders.
• Assist in the preparation and submission of regulatory applications, notifications, returns and approvals.
5. Governance and Policy Management
• Ensure compliance frameworks, policies and minimum standards are reviewed, approved and implemented.
• Provide input into regulatory responses, industry consultations and policy development.
• Provide input into regulatory responses, industry consultations and policy development.
COMPETENCY PROFILE
• Demonstrate strong leadership and sound judgement in complex compliance environments.
• Build credibility and effectively influence senior stakeholders across business and regulatory functions.
• Apply analytical thinking and decision-making to support effective governance and compliance outcomes.
• Uphold the highest standards of integrity, ethics, and professional maturity in all engagements.
• Build credibility and effectively influence senior stakeholders across business and regulatory functions.
• Apply analytical thinking and decision-making to support effective governance and compliance outcomes.
• Uphold the highest standards of integrity, ethics, and professional maturity in all engagements.
Minimum requirements
Education
- A Bachelor of Laws (LLB) degree from a recognised university.
- Admission as a Legal Practitioner of the Namibian High Court would be an added advantage.
- Certification in a professional association such as the Compliance Institute in South Africa (CISA) would be a distinct advantage.
Experience
- At least 3 years’ experience in Compliance or Legal preferably in a banking environment.
- Computer literate (Word, Excel, PowerPoint);
- Advanced understanding of financial services and banking.