Recruitment notice: Head of Internal Control Department

 I.      Objectives / Position summary

·         Ensure risk prevention and vigilance regarding compliance with sector regulations

of microfinance and the quality of products and services sold to customers.

·        Ensure compliance with existing legal control and supervision provisions within microfinance;

·         Ensure compliance of operations with internal policies, procedures and instructions;

·         Ensure the implementation and monitoring of the permanent risk management system;

·    Provide reasonable assurance on the degree of control of activities by ensuring the systematic implementation of self-control and hierarchical control in the operations carried out daily within the organization;

·         Organize and supervise internal control activities.

       II.        Responsibilities

As head of internal control he must:

·         Define, based on the guidelines of the governing bodies, the organization of the internal control system;

·         Provide an internal control framework and operating procedures;

·         Raise awareness among general management of best control practices;

·        Contribute to the harmonization of practices by disseminating a common culture, particularly in terms of integrity and attitude towards risks;

·         Lead the network of internal control facilitators;

·        Manage the internal control self-assessment program and provide assistance in its implementation by operational and functional management;

·         Manage the monitoring system on its perimeter;

·         Ensure that procedures impacted by legal and regulatory developments are updated;

·      Manage non-compliance risk mapping work and identify risk management systems and action plans to put in place;

·        Report to General Management.

   III.            Activity

·         Identify and monitor the compliance scope;

·    Administer the internal control tool (database including the internal control framework, good practices for identifying and controlling risks, monitoring indicators, etc.).

·         Identify incidents linked to non-compliance risks;

·         Carry out a map of non-compliance risks in order to identify risk management systems and action plans to put in place;

·         Carry out the transposition of regulatory provisions related to compliance into the bank’s internal tools and procedures;

·         Implement a control plan specific to non-compliance risks;

·         Implement controls on risky process steps;

·         Carry out control missions;

·         Organize training for bank employees in order to raise their awareness of current issues, such as customer protection and the fight against money laundering;

·         Ensure the monitoring of the controls put in place and the procedures for processing banking transactions via an alert reporting system with indicators such as the error rate, deadlines, etc.;

·         Analyze, evaluate exposure to risks and propose improvement plans;

·         Coordinate its work program with other risk management functions in order to avoid stacking effects which harm the clarity and credibility of the risk management system;

·         Organize and coordinate activity reporting, monitoring and prevention tools for the compliance system.