ABSA Bank is hiring a Money Laundering Reporting Officer (MLRO) to join its Compliance & Legal team in Tanzania. This role focuses on financial crime compliance, AML, and regulatory reporting, supporting the bank’s mission to maintain integrity and transparency.

This opportunity suits candidates with strong experience in Anti-Money Laundering (AML), Counter-Terrorism Financing (CTF), and compliance risk management.

Job Description

The Money Laundering Reporting Officer (MLRO) will oversee financial crime compliance activities, including AML, sanctions, and forensic investigations. The role supports the Director of Compliance & Legal by ensuring full compliance with regulatory requirements and internal policies.

Key Responsibilities

1. AML & Financial Crime Compliance (40%)

Develop and implement AML, CTF, and compliance strategies
Monitor compliance across all business units
Report suspicious transactions and liaise with regulators
Provide internal AML training and awareness
Support group-level compliance initiatives

2. Sanctions & Regulatory Reporting (20%)

Manage sanctions compliance and reporting
Support internal and external audits
Provide compliance advice on new products
Address anti-bribery and corruption (AB&C) issues

3. Forensic Investigations (10%)

Lead investigations into fraud and financial crime
Report findings to senior management
Implement actions aligned with regulatory updates

4. Stakeholder Management (15%)

Engage with regulators and audit teams
Advise business units on compliance matters
Oversee audit findings and corrective actions

5. Team Leadership (15%)

Lead and manage compliance teams
Support staff development and performance
Promote a strong compliance culture

Qualifications and Requirements

Education

Bachelor’s degree in Law, Finance, Risk Management, Accounting, or related field

Experience

Minimum 3 years in financial crime compliance or AML roles
ACAMS certification is an added advantage

Skills

Strong knowledge of AML, KYC, sanctions, and compliance regulations
Project management and leadership skills
Excellent communication and reporting ability
Strong analytical and decision-making skills

Technical Skills

Microsoft Office proficiency
Experience with compliance and AML systems

Benefits and Opportunities

Career Growth: Access to structured training and development programs
Competitive Salary: Attractive compensation and benefits
Work Environment: Inclusive and collaborative workplace
Industry Impact: Contribute to strengthening financial compliance in Tanzania

How to Apply

Interested candidates should apply online through the official ABSA Bank careers portal.

Application Deadline: Not specified

Money Laundering Reporting Officer Job at Absa Bank 2026

Job Overview

Job Description

Key Responsibilities

1. AML & Financial Crime Compliance (40%)