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 in Zimbabwe?
Most employers require a degree in Finance, Accounting, Law, or Business Administration from a recognized Zimbabwean university. Professional certifications such as CISI (Chartered Institute for Securities & Investment), ACCA, or ICAZ membership are highly valued. Some roles may accept candidates with a diploma plus substantial relevant experience in banking or financial services.
What are the typical day-to-day responsibilities of an Assistant Regulatory Compliance Officer?
Daily tasks include monitoring transactions for regulatory breaches, preparing compliance reports for the Reserve Bank of Zimbabwe, updating internal policies to reflect new regulations, and conducting staff training on anti-money laundering procedures. You will also assist in preparing for regulatory audits and responding to queries from the RBZ. Documentation and record-keeping are critical components of this role.
How does workplace culture and employer expectations differ in Zimbabwe's banking sector?
Zimbabwean banks typically maintain formal hierarchies with strong emphasis on punctuality, professional dress, and respect for authority. Employers expect high accountability given the strict regulatory environment overseen by the RBZ. Demonstrating reliability, discretion with sensitive information, and willingness to work extended hours during audit periods will strengthen your standing.
What career progression opportunities exist for compliance officers in Zimbabwe's financial sector?
With experience, you can advance to Regulatory Compliance Officer, then Senior Officer or Manager, and potentially to Head of Compliance or Chief Risk Officer. Specializing in areas like AML, risk management, or corporate governance opens additional pathways. Some professionals transition into consultancy or join the Reserve Bank of Zimbabwe as examiners.
What benefits are typically offered for compliance roles in Zimbabwean banks?
Standard benefits usually include medical aid coverage, pension contributions through NSSA or private schemes, and annual leave entitlements as prescribed by the Labour Act. Many banks also provide performance bonuses, funeral cover, and staff loans at preferential rates. Specific packages vary by employer and seniority level.
How should I apply for compliance roles, and what do Zimbabwean employers prioritize in candidates?
Apply through company career portals, recruitment agencies like CV People Africa, or professional networks such as the Institute of Bankers Zimbabwe. Employers prioritize candidates with clean criminal records, strong ethical standing, attention to detail, and demonstrated knowledge of RBZ regulations. Tailor your CV to highlight any compliance training, audit experience, or familiarity with the Banking Act and National Payment Systems Act.
