DIRECTOR, RISK & COMPLIANCE – CAREER OPPORTUNITY
Join DCB Commercial Bank and Drive Risk Management Excellence!
About DCB Commercial Bank
DCB Commercial Bank PLC is a leading retail and commercial bank in Tanzania, dedicated to providing innovative financial solutions to individuals, MSMEs, and corporate clients. With a strong presence across Tanzania, we operate 9+ branches, over 700 DCB Wakala Agents, and access to 280+ Umoja Switch ATMs, serving a growing customer base of over 3 million people.
As we continue to enhance our risk management and compliance framework, we are looking for a highly skilled Director, Risk & Compliance to lead strategic risk oversight and regulatory compliance for the bank.
Position: Director, Risk & Compliance
📍 Location: Dar es Salaam, Tanzania
📄 Contract Type: Full-time
Key Responsibilities
🔹 Develop, review, and oversee implementation of the bank’s Risk Management Framework, including policies, procedures, and guidelines.
🔹 Monitor market, economic, and financial trends to anticipate risk exposure and advise management on proactive risk mitigation strategies.
🔹 Establish a risk identification, monitoring, and mitigation mechanism aligned with the bank’s risk strategy.
🔹 Strengthen internal controls based on changes in regulations, organizational structure, and operational procedures.
🔹 Review and analyze risk management reports, ensuring that limit breaches, exceptions, and non-compliance issues are promptly addressed.
🔹 Oversee periodic policy reviews to ensure alignment with regulatory requirements and risk exposure.
🔹 Conduct compliance reviews across departments and report findings to the Managing Director.
🔹 Ensure full compliance with internal and external operational guidelines.
🔹 Oversee fraud/misconduct investigations, recommend corrective measures, and ensure the execution of remedial actions.
🔹 Evaluate risks associated with new products, processes, and systems before rollout and provide guidance on minimizing exposure.
🔹 Convene monthly management risk meetings and present quarterly risk reports to the Board of Directors.
🔹 Act as the Reporting Officer to the Financial Intelligence Unit (FIU).
🔹 Lead risk awareness and compliance education for employees and customers.
Qualifications & Experience
✅ Bachelor’s degree from a recognized institution.
✅ Minimum of 5 years senior management experience in risk management and compliance within a financial institution.
✅ Deep understanding of banking regulations, industry standards, and compliance frameworks.
✅ Proven presentation, reporting, and stakeholder engagement skills.
✅ Strong analytical and strategic thinking abilities.
How to Apply
If you have the expertise and leadership to take on this critical role, we invite you to submit your application, including:
✔ Detailed CV
✔ Copies of academic certificates
✔ Names and contact details of three referees
📩 Email your application to: recruitment@dcb.co.tz
📌 Use the reference number: DCB/RC/DRC-02/2025 in the email subject line
⏳ Application Deadline: 14th March 2025
🚫 Note: Hard copy applications will NOT be accepted.
Join DCB Commercial Bank and be a key player in driving risk management and regulatory excellence! 🚀
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