InnBucks MicroBank Limited is a registered Deposit Taking Microfinance Bank and a member of the Deposit Protection Scheme.
Job Summary
- Employer: InnBucks MicroBank Limited
- Job Type: Full-time
- Location: Harare, Zimbabwe
- Category: Finance
- Salary: Negotiable which will be discussed with the successful candidate
- Closing Date: 2026-09-30
Key Responsibilities
- Tracks changes in banking, microfinance, and exchange control laws.
- Assesses the impact of new regulations on the business.
- Prepares and submits regulatory returns to RBZ, FIU, and other bodies.
- Meets all regulatory reporting deadlines.
- Develops and reviews compliance policies and procedures.
- Conducts compliance monitoring reviews across business units.
- Tests controls and documents findings and recommendations.
- Investigates compliance breaches.
- Handles customer complaints and escalates matters as needed.
- Maintains compliance registers, breach logs, and risk assessments.
- Tracks remediation actions to completion.
- Delivers staff training on compliance obligations.
- Revises new products and processes for regulatory compliance.
- Prepares compliance reports for management.
- Supports regulatory inspections, examinations, and audits.
- Prepares evidence packs and responses for regulators.
- Performs other duties as assigned by the Head of Compliance and MLRO.
Requirements
- Bachelor’s degree in Law, Banking or Compliance related degree.
- A compliance certification (e.g. ICA, CAMS or equivalent) is an advantage.
- 2 to 4 years in compliance or a regulatory role.
- Experience in banking, microfinance, or another regulated entity.
- Knowledge of the various Regulatory requirements.
- Familiarity with RBZ guidelines.
Salary
Negotiable which will be discussed with the successful candidate
How to Apply
Apply by email: hr@innbucks.co.zw
About the Company
InnBucks MicroBank Limited is a deposit taking micro-finance registered and regulated in terms of Zimbabwean law. It offers banking and financial services to individuals and public. It was formed as registered corporate after acquiring and renaming of Ndoro Micro-finance in 2022.
Frequently Asked Questions
What qualifications or certifications are typically required for an Assistant Regulatory Compliance Officer role at a microbank in Zimbabwe?
Most employers require a degree in Finance, Accounting, Law, or Business Administration. Professional certifications such as ACCA, CIS, or compliance-specific credentials from the Institute of Bankers Zimbabwe strengthen your application. Experience with RBZ regulations and microfinance sector guidelines is highly valued.
What are the typical day-to-day responsibilities of an Assistant Regulatory Compliance Officer in Zimbabwe's banking sector?
You will monitor adherence to Reserve Bank of Zimbabwe regulations, prepare compliance reports, and assist in internal audits. Daily tasks include reviewing transactions for suspicious activity, updating policy manuals, and liaising with regulators. You may also train staff on anti-money laundering procedures and customer due diligence requirements.
How does workplace culture and employer expectations differ in Zimbabwe's financial sector compared to other industries?
Banking sector employers expect high professionalism, punctuality, and strict confidentiality due to sensitive financial data. Hierarchical structures are common, with formal communication channels and respect for seniority. Dress codes are typically conservative, and networking through professional associations like the Bankers Association of Zimbabwe is encouraged for career advancement.
What career progression opportunities exist for compliance officers in Zimbabwe's microfinance and banking industry?
With experience, you can advance to Regulatory Compliance Manager, Head of Compliance, or Chief Risk Officer positions. Specializing in areas like AML, corporate governance, or fintech regulation opens additional pathways. Many senior professionals transition into consultancy or join the Reserve Bank of Zimbabwe as examiners.
What benefits are typically offered to compliance officers in Zimbabwean microbanks?
Standard packages usually include medical aid, pension contributions, and annual leave as prescribed by Zimbabwean labour law. Some employers offer performance bonuses, professional development allowances, and funeral insurance. Benefits vary significantly by institution size and financial stability, so clarify specifics during the interview process.
How should I apply for compliance roles at Zimbabwean microbanks, and what do employers prioritize in candidates?
Submit applications through company websites, LinkedIn, or recruitment agencies like CV People Africa and Impact Talent. Employers prioritize candidates with demonstrated knowledge of Zimbabwe's banking regulations, attention to detail, and integrity. Highlight any RBZ reporting experience, audit exposure, and your ability to navigate regulatory changes in your cover letter.
