Money Laundering Reporting Officer (MLRO)

About the role

The Money Laundering Reporting Officer (MLRO) will lead Absa Bank Zambia’s Financial Crime Compliance framework. Reporting to senior management, the MLRO ensures the bank meets Zambian regulatory requirements and global best practices in AML, CTF, sanctions, KYC and anti‑bribery.

Key responsibilities

• Design, implement and monitor compliance activities aligned with the approved operational plan.
• Maintain robust KYC, CDD and EDD standards and oversee risk‑based customer segmentation.
• Manage AML transaction monitoring systems, optimise alerts and ensure timely STR/SAR reporting to the Financial Intelligence Centre.
• Implement sanctions and PIP screening controls, identify weaknesses and remediate them.
• Produce periodic MLRO reports, KRIs/KROs and regulatory submissions for country, regional and group stakeholders.
• Maintain and update country‑level financial crime policies, conduct gap analyses and support regulatory engagements.
• Lead the anti‑bribery and corruption framework, ensuring incidents are escalated, investigated and resolved.
• Deliver AML, sanctions, KYC and ABC training, and provide advisory support to business units.
• Build and develop a high‑performing financial crime compliance team, fostering a strong ethical culture.

Required profile

• Bachelor’s degree in Business, Commerce, Management or a related field.
• Extensive experience in financial crime compliance, AML, sanctions screening and KYC within a banking environment.
• Deep knowledge of Zambian regulatory requirements (FIC Act, BOZ, SEC) and global best practices.
• Proven ability to lead teams, manage projects and engage with regulators.

Required skills