Compliance Officer

Compliance Officer Jobs in Lusaka – Join LoanCo Financial Services

LoanCo Financial Services, a leading Non-Banking Deposit Taking Microfinance Institution in Lusaka, Zambia, is seeking a dedicated Compliance Officer to join our Compliance and Risk department. This role is vital for ensuring strict adherence to Bank of Zambia regulations and advancing our commitment to ethical financial services and regulatory excellence. If you are looking for compliance officer jobs in Lusaka that offer meaningful impact and career growth, this opportunity is for you.

About LoanCo Financial Services

LoanCo Zambia specializes in payroll lending across public and private sectors nationwide. We pride ourselves on fostering financial inclusion while maintaining the highest standards of regulatory compliance. As we expand, we invite an experienced Compliance Officer to help safeguard our operations and support sustainable growth.

Key Responsibilities for Compliance Officer Jobs in Lusaka

• Develop, implement, and maintain the institution’s compliance framework, covering AML/CFT policies, consumer protection, and Bank of Zambia reporting obligations.
• Conduct regular risk assessments, internal audits, and deliver staff training on relevant regulatory requirements including the Banking and Financial Services Act and BOZ directives.
• Manage suspicious transaction reporting, KYC procedures, and act as liaison with regulatory bodies such as the Bank of Zambia and Financial Intelligence Centre.
• Prepare and submit accurate quarterly and annual compliance reports to the Bank of Zambia, ensuring adherence to licensing and governance standards.
• Collaborate with Audit, Risk, and Credit Committees to address compliance findings and implement corrective measures.
• Monitor regulatory changes in Zambia’s financial sector and advise management on implications for payroll lending operations.
• Utilize proprietary software (Credit Ease) for compliance monitoring and reporting, with full training provided.
• Promote a culture of compliance and ethical conduct through strong internal relationships.

Qualifications and Experience

• Zambian national with a minimum of 3 to 5 years’ experience in compliance roles within microfinance, non-bank financial institutions, banking, or fintech sectors.
• Comprehensive knowledge of Bank of Zambia regulations applicable to deposit-taking and non-deposit-taking MFIs, AML/CFT directives, and consumer protection laws.
• Proven experience in regulatory reporting, risk-based compliance monitoring, and managing BOZ inspections or audits.
• Degree in Law, Finance, Banking, Economics, Risk Management, or related disciplines. Professional qualifications such as AML certification are advantageous.
• This position and candidate are subject to approval by the Bank of Zambia.

Skills and Attributes

• Proficiency in standard IT applications including email, Microsoft Word, and advanced Excel for data analysis and reporting.
• Strong analytical skills with a goal-oriented approach and meticulous attention to detail.
• Ability to work independently while maintaining effective communication with senior management and group-level stakeholders.

What LoanCo Offers

• Competitive salary package ranging from ZMW 24,000 to ZMW 30,000 per month, including a 13th cheque and a performance-based incentive scheme.
• Opportunity to contribute significantly to a growing payroll lending operation and other financial services under BOZ licensing.
• Professional development opportunities, including regulatory training and software familiarization.
• A permanent, full-time position based in Lusaka, supporting financial inclusion and regulatory compliance in Zambia.

How to Apply for Compliance Officer Jobs in Lusaka

Interested candidates should submit their CV, cover letter, and references via email to admin@loanco.africa, with a copy to osborn@loanco.africa. Please use the subject line: “Compliance Officer Application – Lusaka”. Applications must be received by Monday, 25 May 2026. Only shortlisted applicants will be contacted.