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  • Posted: Sep 4, 2018
    Deadline: Sep 15, 2018
  • Following a recommendation of the African Development Bank (AfDB), the African Reinsurance Corporation (Africa Re) was established on 24 February 1976 in Yaounde, Cameroon. An international Agreement was signed by the Plenipotentiaries of 36 member States of the Organization of African Unity (OAU) and the AfDB with the aim of reducing the outflow of foreig...
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    Risk & Compliance Officer


    • The successful candidate shall support in the Department in risk management & compliance processes.

    Duties/Job Details
    The duties of the Risk & Compliance Officer shall comprise amongst others the following:

    • Liaise with risk champions to regularly collect risk and financial data and perform analyses on such data
    • Support the Risk & Compliance department in the periodic risk management process
    • Update and manage the Corporation’s risk software
    • Support in analyzing data and assumptions to be used in risk and capital modelling
    • Monitor risk exposures and compliance with risk policies
    • Liaise with business units to obtain KYC information on existing and new clients as well as performing due diligence on such clients
    • Manage business continuity plans
    • Generate and prepare risk reports
    • Support in enterprise-wide risk sensitization and communication
    • Support in coordinating rating exercises

    Minimum Qualifications And Experience

    • First University Degree in relevant fields (Finance, Accounting, Risk Management, Actuarial Science);
    • 4-5 Years of experience in risk Management & compliance role;
    • Relevant work experience in the Insurance and/or Reinsurance industry will be an added advantage.

    Main Competencies Required For This Position:

    • Sound knowledge in data analysis and interpretation of financial statements;
    • Very high numerical and analytical skills;
    • Sound knowledge of the financial services industry;
    • Very good reporting skills;
    • Excellent communication and presentation skills, as well as proven writing and reporting skills;
    • Ability to multitask and learnt fast;
    • Very high integrity and good sense of responsibility;
    • Good interpersonal skills;
    • Advanced level of proficiency in Microsoft Excel tool and excellent skills in other MS Office applications (Word, Access, PowerPoint).

    Additional Requirements For Candidates For This Position
    Applicants must also be:

    • Fluent in English, working knowledge of French will be an added advantage;
    • Nationals of Members state of Africa-Re
    • Not more than 35 years old

    Salary and Benefits
    The successful candidate shall have the following benefits:

    • Competitive Basic Salary on the Corporation’s Grade Level SS3
    • Variable pay (Annual Performance Bonus)
    • Joint contribution to the Provident Fund (7% of the basic salary paid by staff and 14% by the employer)
    • Children education subsidy for each child up to 26 years (maximum 4 children)
    • Medical cover for staff and family;
    • Housing Allowance
    • Transport Allowance
    • Inflation Adjustment

    Method of Application

    Interested and qualified? Go to AFRICAN REINSURANCE on to apply

    Note: Never pay for any training, certificate, assessment, or testing to the recruiter.

  • Send your application

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