CONTRACTOR – FNB (First National Bank), part of FirstRand Group

Most employers require a relevant degree in law, finance, accounting, or risk management. Professional certifications such as Certified Compliance Professional (CCP) or Anti-Money Laundering (AML) qualifications are highly valued. Experience with Namibian banking regulations and Bank of Namibia requirements is often essential.

Daily tasks include monitoring transactions for suspicious activity, ensuring adherence to the Financial Intelligence Act and FICA regulations, and preparing compliance reports for regulators. Contractors often conduct risk assessments and advise business units on regulatory requirements. You may also participate in internal audits and policy reviews.

Contractors typically have defined project timelines and less job security than permanent employees. Integration into teams varies; some banks include contractors fully, while others maintain clearer boundaries. Punctuality, professionalism, and respect for hierarchy are important in Namibian workplace culture regardless of employment type.

Strong performance can lead to permanent employment or senior compliance roles such as Compliance Manager or Head of Compliance. Specializing in areas like AML, regulatory reporting, or risk management opens additional paths. Networking through institutions like the Institute of Bankers in Namibia supports advancement.

Contractors typically do not receive standard employee benefits like medical aid or pension contributions, though some employers offer pro-rated benefits. You should negotiate your daily or monthly rate to cover these gaps independently. Leave entitlements are usually limited or unpaid unless specified in your contract.

Apply through FirstRand Namibia's careers portal, recruitment agencies, or professional networks like LinkedIn. Employers prioritize demonstrated knowledge of Namibian financial regulations, attention to detail, and prior banking sector experience. A clean criminal record and FIC clearance are typically mandatory due to the sensitive nature of compliance work.