Faso Reassurance, a leading reinsurance company in Burkina Faso, has announced a job opening for a Risk, Control, and Compliance Manager. The successful candidate will be responsible for implementing and monitoring the company's internal control and risk management systems. This role is crucial in ensuring the company's compliance with regulatory requirements, particularly those related to the Code CIMA, anti-money laundering, and combating terrorism financing.
The Risk, Control, and Compliance Manager will report directly to the General Directorate and work closely with various departments to identify and mitigate risks. The ideal candidate should have a strong background in internal control, risk management, and compliance, with at least five years of experience in a similar role within the insurance or reinsurance industry. A good understanding of Burkinabé regulations and international standards, such as COSO ERM, ISO 31000, and ISO 37301, is also essential.
The successful candidate will be responsible for developing and implementing a comprehensive risk management framework, conducting regular risk assessments, and providing recommendations to the management team. They will also oversee the company's compliance with regulatory requirements, ensure the implementation of internal controls, and monitor the company's risk exposure.
To be eligible for this position, candidates must hold a bachelor's degree in a relevant field, such as audit, risk management, or internal control. They should also possess excellent analytical, communication, and interpersonal skills, with the ability to work effectively with various stakeholders. A good understanding of actuarial or statistical concepts is considered an asset.
The selected candidate will be expected to work in Ouagadougou and will be required to submit a detailed CV, a cover letter, and supporting documents, including academic certificates and a police clearance certificate. The recruitment process will consist of three phases: a dossier review, a technical test (if necessary), and an individual interview.
The contract for this position is a permanent contract with a three-month probationary period, starting on January 1, 2027. The successful candidate will be required to work closely with various departments and stakeholders to ensure the effective implementation of the company's risk management and compliance framework.
Faso Reassurance is committed to maintaining a robust internal control and risk management system, and this new role is part of its efforts to strengthen its governance and regulatory compliance. The company offers a dynamic work environment and opportunities for professional growth and development.
Key points
- The Risk, Control, and Compliance Manager will play a critical role in ensuring Faso Reassurance's compliance with regulatory requirements and maintaining a robust internal control and risk management system.
- The successful candidate should have a strong background in internal control, risk management, and compliance, with at least five years of experience in a similar role within the insurance or reinsurance industry.
- The contract for this position is a permanent contract with a three-month probationary period, starting on January 1, 2027.
