Senior Compliance Management Officer Full Time NEW

ZAMZAM BANK S.C.

EXTERNAL VACANCY ANNOUNCEMENT

BUILD YOUR CAREER. SERVE WITH PURPOSE. SHAPE THE FUTURE.

Vacancy No.:560    Date: October 13, 2026

ABOUT ZAMZAM BANK

ZamZam Bank S.C. takes its name from ZamZam Holy Water, the life-giving spring associated with Makkah and the hills of Safa and Marwa. Inspired by this meaningful heritage, ZamZam Bank aspires to create lasting economic and social impact by expanding access to ethical, inclusive and affordable financial services.

ZamZam Bank is Ethiopia’s first full-fledged Interest-Free Bank, pioneering a new chapter in the country’s banking industry. The Bank is committed to delivering Shari’ah-compliant, affordable, effective and inclusive banking and financial services while leveraging technology, innovation and digital transformation.

The Bank’s journey is built around a commitment to financial inclusion, innovation, professional excellence, customer service and sustainable economic development.

JOIN OUR JOURNEY

As we continue to grow and strengthen our position in the Interest-Free Banking industry, we are seeking talented, energetic and results-oriented professionals who are ready to make a difference.

If you are looking for more than a job—if you want to build a meaningful career, contribute to financial inclusion and become part of the future of banking—ZamZam Bank invites you to apply.

POSITION:  Senior Compliance Management Officer

Duty Station: Head Office

1. Job Purpose

To support the effective implementation and continuous improvement of the Bank’s compliance management framework by monitoring adherence to applicable laws, regulations, directives, internal policies, procedures, and Shariah-related requirements within the scope of the compliance function. The position identifies and assesses compliance risks, conducts compliance reviews, monitors regulatory developments, coordinates corrective actions, and provides professional guidance to business units to promote a strong culture of compliance, ethical conduct, and regulatory accountability.

2. Key Duties and Responsibilities

A. Compliance Monitoring: Monitor compliance with applicable banking laws, NBE directives, regulatory requirements, and the Bank’s internal policies and procedures; conduct periodic compliance reviews across departments, district offices, and branches.

B. Compliance Risk Management: Identify, assess, document, and report compliance risks; maintain the compliance risk register and recommend appropriate controls and mitigation measures.

C. Regulatory Monitoring and Reporting: Track regulatory changes, assess their implications, support timely regulatory reporting, and communicate relevant requirements to responsible business units.

D. Compliance Review and Corrective Actions: Document compliance findings, identify root causes, recommend remedial measures, and follow up on the implementation of corrective actions.

E. AML/CFT Compliance Support: Monitor assigned anti-money laundering and counter-terrorist financing (AML/CFT) controls, customer due diligence requirements, and the escalation of suspicious activities in accordance with applicable requirements.

5. MINIMUM QUALIFICATION & EXPERIENCE: BA Degree in Banking & Finance, Economics, Management, Accounting or other business-related fields with 4 years of banking experience respectively of which 2 years as officer in risk, compliance, internal control or audit related area.

WHAT WE OFFER

• Purpose-Driven Career — contribute to the development of Interest-Free Banking and financial inclusion in Ethiopia.
• Professional Growth — develop leadership, technical and professional capabilities.
• Innovation — participate in digital transformation and modern banking services.
• Impact — help expand access to financial services and economic opportunity.
• Purposeful Culture — work in an organization founded on ethical values, professionalism, inclusiveness and social responsibility.
• Competitive salary and attractive remuneration package.

6. Required Competencies

• Knowledge of Ethiopian banking laws, NBE directives, and applicable regulatory requirements.
• Compliance risk identification and assessment.
• Regulatory interpretation and monitoring.
• Compliance testing, review, and reporting.
• AML/CFT and KYC principles.
• Policy and procedure development.
• Report writing, documentation, and record management.
• Data analysis and proficiency in standard office applications.
• Knowledge of interest-free banking operations and Shariah compliance requirements.
• Confidentiality and discretion.