Compliance Officer

Job Description

About the Position

The Ultimate Insurance Broker invites qualified and motivated candidates to apply for the position of Compliance Officer.

The successful candidate will help ensure that the company operates in accordance with applicable Ethiopian laws, National Bank of Ethiopia directives, relevant regulatory requirements, and UIB’s approved strategies, policies, manuals, standard operating procedures (SOPs), internal controls, and management decisions.

The role combines internal compliance monitoring, regulatory coordination, routine legal document review, risk identification, and corrective-action follow-up to strengthen organizational accountability and protect the company’s interests.

Key Responsibilities

• Monitor the implementation of approved company strategies, policies, manuals, SOPs, internal controls, and management decisions across departments, offices, and regional branches.
• Conduct periodic compliance reviews and inspections to identify implementation gaps, procedural violations, recurring non-compliance, and control weaknesses.
• Maintain compliance checklists, risk registers, and corrective-action trackers, and follow up with responsible departments to ensure timely and effective resolution.
• Monitor applicable Ethiopian laws, National Bank of Ethiopia directives, regulatory requirements, contractual obligations, and relevant legal developments.
• Coordinate routine regulatory correspondence and responses, and track regulatory reporting obligations and deadlines.
• Review routine legal and employment-related documents, agreements, contracts, and memoranda of understanding (MoUs) to identify legal risks, inconsistencies, and unfavorable terms before approval or execution.
• Provide guidance on routine internal legal and compliance matters within professional competence and delegated authority, and coordinate with external legal advisors on specialized matters.
• Promptly escalate significant or complex legal, regulatory, contractual, fraud-related, litigation, and reputational risks to the CEO and/or designated senior management, external corporate legal counsel as appropriate.
• Prepare periodic compliance reports for the CEO and Senior Leadership Team, covering findings, risks, recommendations, unresolved issues, and corrective-action status.
• Promote employee awareness of relevant policies, legal obligations, and compliance requirements, and recommend improvements to policies, procedures, and internal controls.

Minimum Qualifications and Experience

• Education: Bachelor of Laws (LL.B.) from a recognized university. This is a mandatory requirement.
• Experience: At least two (2) years of relevant experience in compliance monitoring, legal affairs, regulatory compliance, internal control, corporate governance, or policy implementation.
• Practical experience reviewing organizational policies, manuals, SOPs, and management decisions and assessing their implementation.
• Knowledge of applicable Ethiopian laws and the regulatory environment relevant to insurance brokerage and financial services, including National Bank of Ethiopia directives.
• Strong analytical, inspection, documentation, and report-writing skills, with the ability to identify risks and recommend corrective actions.
• High integrity, professional judgment, objectivity, confidentiality, and effective communication skills.
• Proficiency in Microsoft Office applications, particularly Word and Excel.

Preferred Qualifications

• Experience in insurance, insurance, financial services, or another regulated business environment.
• Relevant professional training or certification in compliance, risk management, internal control, or auditing.

Core Competencies

Regulatory awareness, risk identification and assessment, attention to detail, objective judgment, integrity, confidentiality, accountability, analytical thinking, report writing, and stakeholder coordination.

How to Apply

Interested and qualified applicants are invited to submit their application and updated CV through the application channel specified in this vacancy announcement on Ethiojobs.

Application Deadline: November 07, 2026

Application Channel: uib.hiring@gmail.com

Only shortlisted candidates will be contacted.

The Ultimate Insurance Broker