Purpose of the position: 

Under the supervision of the Managing Director, the Head of Permanent Control and Compliance of CRRH-UEMOA will ensure permanent control, compliance, and corporate social responsibility (CSR) of CRRH-UEMOA. The specialist will also ensure the proper functioning of the internal control system and produce reports on control missions.

The Head of Compliance will:

• Lead ongoing monitoring activities, operational risk control (including business continuity), compliance, and anti-money laundering to identify and assess risks, propose and implement corrective measures, and monitor the improvement of this system at CRRH-UEMOA;
• Implement a CSR approach and manage CRRH-UEMOA’s Environmental and Social Policy
   

Main tasks 

M1.    PERMANENT CONTROL

• Develop and update the tools for effective permanent control (procedures, operating guides, charter, etc.); 
• Implement a permanent monitoring system for accounts and procedures;
• Draw up and implement the permanent control plan;
• Check that departments and divisions apply and comply with policies, procedures, ethical rules, and best practices at all levels of the organization;
• Ensure that the decisions of the Board of Directors and Executive Management are implemented and that legal and regulatory deadlines are met;
• Carry out post-audit checks on all the institution’s financial operations, in particular, to ensure that procedures are correctly applied;
• Check legal documents relating to refinancing operations; 
• Check that the standards and limits set by the Board of Directors are strictly observed;
• Propose appropriate recommendations to address weaknesses identified as a result of controls or permanent control assignments;
• Prepare reports on regulatory and permanent control assignments.

M2.    ENSURE COMPLIANCE

• Work with the Legal Department, keeping a legal and regulatory watch by compiling a list of the standards in force;
• Transpose compliance regulations into the bank’s internal tools and procedures, drawing up and updating a map of compliance risks;
• Draw up and implement a specific control plan for compliance risks;
• Check the relevance of the compliance policy;
• Verify that the operations carried out, the organization, and the internal procedures comply with the legal and regulatory provisions in force, with professional and ethical standards and practices, and with the guidelines and decisions of the decision-making bodies of CRRH-UEMOA.
   

M3.    CONTROL THE FINANCIAL SECURITY FRAMEWORK (AML/FT)

• Monitor regulations and legislation in the fight against money laundering and the financing of terrorism (AML/CFT) and ensure that they are complied with;
• Monitor Know Your Customer (KYC) procedures;
• Update AML/CFT procedures and AML/CFT risk mapping;
• Drawing up the annual AML/CFT program and implementing CRRHUEMOA’s AML/CFT system;
• Centralize and coordinate information on sensitive and suspicious transactions and reporting them;
• Raise awareness and train staff on AML/CFT; 
  Monitor international embargoes and sanctions; liaise with regulatory and supervisory authorities (CENTIF, BCEAO);
• Prepare and submit reports to General Management and regulators (CENTIF, BCEAO) on time.
  
      

M4.     MANAGE CRRH-UEMOA’S ENVIRONMENTAL AND SOCIAL POLICY (ESP)

• Ensure the implementation of the CRRH-UEMOA ESP by the shareholder banks of CRRH-UEMOA, 
• Monitor the transmission of environmental and social management system evaluation and monitoring forms by the shareholder banks when refinancing is set up and at the end of each year,
• Prepare and submit to the World Bank the annual report on the implementation of the ESMP by the shareholder banks.
   

Profile of the candidate: 

• Holder of a degree (Bac + 4/5) in Finance, Accounting, Audit / Law, Risk, or equivalent;
• At least five (7) years of professional experience, including 5 years in a control, compliance, or risk management function in a bank, the financial sector, or an audit firm;
• Organizational, critical, analytical, and summarizing skills;
• Rigour, discretion, integrity, and intellectual honesty;
• Good knowledge of the banking sector;
• Good command of banking regulations;
• Good command of compliance issues;
• A cross-functional view of the business;
• Good command of banking regulations (AML/FT*, Basel II and III, etc.); 
• Sense of confidentiality;
• Ability to adapt;
• Responsiveness;
• Organizational skills and ability to prioritize / thoroughness;
• Ability to work as part of a team;
• People skills;
• Communication and listening skills;
• Diplomacy and pedagogy;
• Good command of IT tools and data management software (monitoring of flows and operations).