Applications are invited from suitably qualified candidates for the position of




Reporting to the Head: Risk & Compliance, the Manager: Risk & Compliance is responsible for implementing, maintaining, monitoring and proposing appropriate amendments and/or updates to the Enterprise Risk Management Framework (ERMF), for overseeing the implementation and maintenance of an adequate compliance management programme and for developing, implementing and providing support relating to Business Process Management (BPM) towards the overall operational efficiency and effectiveness of the Bank.




  • Manage the implementation and further improvement of the Enterprise Risk Management Framework (ERMF) through scanning the national and international environment to identify imminent risks, facilitate risk assessments, amend relevant policies and procedures and maintain and improve the Strategic and Operational Risk Registers process.

  • Implement and monitor the Risk Appetite Framework.

  • Implement and monitor Risk Management Policies, processes and procedures.

  • Develop and implement comprehensive monitoring indicators (KPIs) in order to track risk performance throughout the Bank.

  • Implement and improve the Bank’s business continuity plans, coordinate disaster recovery and business continuity plans, test responsiveness and communicate to all relevant stakeholders.

  • Implement and monitor the compliance risk management plan.

  • Implement and monitor regulatory requirements, such as AML/CFT (FIA) Act 13 of 2012 and the BCM Program, Fraud Prevention Plan and procedures in the Bank.

  • Investigate, monitor and report on non-compliance to laws, regulations, policies and procedures of the Bank as well as the internal code of business conduct and ethics.

  • Manage the Audit Finding Tracker and follow up on action plans emanating from shortcomings highlighted in internal and external audit reports.

  • Draft and implement an overall BPM Implementation Plan for the Bank and maintain annual Business Process Review plans.

  • Facilitate the process of documenting key business processes, validate it against relevant policies and actual work practices and identify and resolve inconsistencies, and ensure that procedure manuals are developed.

  • Develop and implement the ERM risk awareness programme in collaboration with Training Department, to address DBN’s specific business requirements in the different business units.

  • Manage the maintenance of comprehensive records and filing system, of cases, documents and processes worked on in order to assure access and availability in compliance with the Bank’s Document Management Policy.

  • Manage the Business Unit’s operations, in terms of service delivery standards, budgeting and human resources.




  • A relevant Bachelor’s degree in Accounting/Business Administration/Law, plus a postgraduate qualification in Risk Management/Certified Risk Professional/Practitioner.

  • Minimum of 5 years’ relevant experience in risk management, preferably in a commercial environment including a combination of banking and regulatory compliance.

  • Membership of the Compliance Institute of South Africa (CISA) and Institute of Risk Management South Africa (IRMSA) would be a distinct advantage.

  • Excellent communication and consultative skills.

  • Excellent analytical and decision making skills.

  • Excellent project management skills.

  • Proactive and innovative approach to work and problem solving.

  • Sound interpersonal skills.

  • Ethical judgement.


Applications will only be accepted from Namibian citizens.

The DBN offers market related remuneration packages commensurate with experience and qualifications. Applications are invited from Namibian citizens. Interested candidates should forward resumes, which should include three contactable references, in strictest confidence



The Human Resources Practitioner

Development Bank of Namibia

12 Daniel Munamava Street, PO Box 235, Windhoek.

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.




Applicants who do not receive any response within three weeks after the closing date must accept that their applications were not considered favourably. The Bank regrets that it cannot return documents.