Cavmont Bank Ltd
Cavmont Bank Ltd
Posted Job
almost 2 years ago

Senior Legal & Compliance Manager

Cavmont Bank Ltd is a diversified financial institution with 20 outlets across the country that provides high quality products, services and financial solutions to the Retail and Corporate markets. We are looking for outstanding Human Resource with extensive experience at Senior Leadership level in high profile and complex environments with exemplary levels of performance history, who are decisive and tenacious, with a track record of delivering growth; and who attract and create talented, high performing teams:

This role reports directly to the Head Compliance/Legal Counsel.

The overall objective of the Manager – Compliance is to plan, monitor and manage the day to day Compliance activities for the Bank in accordance with the Bank’s Compliance Framework and provide the necessary guidance and support to the Compliance network in the applicable region. It is also to provide explicit and proactive guidelines in relation to Compliance policies and international regulations that affect all areas.

Key Performance Areas (KPAs)

  • Organising board meetings and providing company secretarial services and support to the Board, Board Committee meetings and the Annual General Meeting of shareholders.
  • Preparation of board papers.
  • Attending board meetings and recording and preparation of Minutes.
  • Preparation and filing of board resolutions.
  • Preparation and filing of notices relating to the appointment and resignation of the directors on the board of the Bank.
  • Maintenance of all statutory records of the Bank.
  • Attending to queries from the Patents and Companies Registration Agency (PACRA), Securities and Exchange Commission (SEC) and Lusaka Securities Exchange (LuSE).
  • Filing of annual and other returns at PARCA.
  • Drafting and reviewing of all agreements of the Bank.
  • Identifying all legal and regulatory risks that the Bank is exposed to and keeping Management and the Board informed accordingly.
  • Reviewing security documentation and ensuring that the Bank is adequately protected
  • Managing and co-ordinating legal reporting.
  • Custodian of the company seal and security documents of the Bank.
  • Managing, supervising, appointing, coordinating, evaluating and supporting the external legal service providers of the Bank.
  • Know Your Customer (KYC) & Anti- Money Laundering (AML) training of all staff members.
  • Development and implementation of an effective legal compliance program (Compliance Risk Management Plans CRMPs).
  • Monitoring of compliance with the Bank’s KYC and AML policies during the account opening process.
  • Reporting of suspicious transactions to the Financial Intelligence Centre (FIC) in accordance with the Financial Intelligence Centre Act No. 46 of 2010 and any statutory amendments thereof.
  • Preparation of monthly Compliance reports of the Bank.
  • Transaction - Monitoring.
  • Ensuring timely submission of all regulatory returns to the Bank of Zambia and other Regulators.
  • Ensuring implementation of the Bank of Zambia Regulations and Directives.
  • Sensitization of all staff members on the new regulatory requirements and developments pertaining to their units.
  • Preparation of monthly internal sensitization memos to all members of staff on the various corporate policies of the Bank.
  • Collaborating with external auditors and HR as required on compliance issues affecting the Bank.
  • Addressing employee concerns on legal compliance.
  • Keeping abreast of internal standards and business goals.
  • Providing reports on a regular basis, and as directed as requested, to keep the Board and senior Management informed of the operation and progress of compliance efforts.
  • Responding to alleged violations of rules, regulations, policies, and procedures by evaluating or recommending the initiation of investigative procedures.
  • Acting as an independent review and evaluation body to ensure that compliance issues /concerns within the organisation are being appropriately evaluated, investigated and resolved.
  • Providing legal advice, opinions and support on all matters affecting the Bank to the Board of directors and Management.
  • Ensuring compliance of the Bank and holding company with all legal, regulatory and supervisory requirements

Core Competencies

  • Planning & Organizing
  • Integrity and professional ethics
  • Team player
  • Persuasiveness
  • Assertiveness
  • Interpersonal Sensitivity
  • Cross-functional awareness
  • Problem Solving and Analysis
  • Insight / understanding
  • Delivering Results and meeting customer expectations

Experience, Knowledge & Skills

  • At least 5 years’ experience in a similar environment
  • Knowledge of all legislation relating to the Bank
  • Computer literacy essential (Word, Excel and PowerPoint)
  • Detail conscience
  • Excellent leadership skills
  • Excellent interpersonal relationship skills
  • Must be able to operate independently on a high level
  • Excellent drafting skills
  • Excellent negotiation skills
  • Excellent verbal and written communication proficiency in English


  • Full grade 12 certificate with credits or better in Mathematics and English
  • Bachelor’s degree in Law.
  • Minimum 5 years’ experience in a Corporate or Financial Institution.
  • A Master’s degree would be an advantage.

How to apply

We welcome applications from suitably qualified candidates, which include a cover letter and comprehensive curriculum vitae, via email only to:

Application deadline
7 Dec 15:00
Email applications to
Cavmont Bank Ltd image
Cavmont Bank Ltd
Personal banking
Business banking
Corporate finance
Established in 2004, Cavmont Bank is a diversified financial institution with 19 outlets across the country. The bank provides personal banking, business banking, corporate finance, investment, mortgages and loans. It provides high quality products and services through outstanding and superior customer service. Their services support individuals, the public sector and companies of all sizes. Cavmont Bank is a registered commercial bank in Zambia with more than 50,000 clients and 240 employees.

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