Anti-Money Laundering (AML) Specialist: Job Grade: 10/11: SLS Finance: Compliance: Bellville

What will you do?

The role is to support management and business areas in the execution of their responsibilities to manage compliance and regulatory risk in terms of Anti-Money Laundering (AML), Terrorist Financing (TF) and Proliferation Financing of WMD (PF). Support to management and business means that you will:

• Regularly engage with business stakeholders across multiple products, to provide advice, input, oversight and guidance on AML/CFT/CPF controls to maintain an efficient risk-based approach in respect of minimum standards, strategies, projects, plans, initiatives, reporting, and other relevant activities. 
• Make key contributions and support businesses in ensuring maintenance of the Risk Management and Compliance Program (RMCP) by conducting research and analysis and staying abreast of new or amended legislation to align local AML/CFT requirements and international best practices, as applicable
• Recommend any changes to RMCP and/or operating procedures as required considering regulation or procedural changes and when required provide input into the development of new operating procedures
• Provide input into reports/submissions to regulatory bodies, internal committees and structures if and when required.
• Serve as the MLRO, respond to any FIC enquiries and collate, analyse and draft all regulatory reports for your area of responsibility.
• Recommend any changes to operating procedures as required considering regulation or procedural changes and when required provide input into the development of new operating procedures
• Ensure that business is supported to align with the Group Compliance policies and standards at all times.
• Proactively identify and assess AML/CFT/CPF related risks and where necessary propose the necessary remediation where there are deficiencies
• Conduct AML/CFT/CPF training when required.

What will make you successful in this role?

• Ability to work without supervision 
• Efficient, well-organised and good problem-solving skills.
• Strong communication skills both written and verbal 
• Credible and assertive manner. 
• Discretion and resilience. 
• Professional manner with the ability to influence and persuade 
• Proficiency in Word, PowerPoint, Excel, and Outlook

Role Requirements

Qualifications

⦁    A relevant Bachelor's Degree or equivalent qualification
⦁    Certified Anti-Money Laundering Specialist (CAMS) qualification will be advatntagious
⦁    AML CPrac – Compliance Institute of South Africa will be advantagious

Experience and Knowledge

⦁    A minimum of 5 years working experience in an AML/CFT/CPF role similar to the above
⦁    Experience with goAML and/or related systems with regulatory authorities
⦁    Prior experience in the insurance industry (across multiple products) in a similar role will be advantigous 
⦁    Stakeholder management
⦁    Sound knowledge of FICA, related regulator guidance and directives, and best practice.
⦁    Knowledge of accountable institution responsibilities and regulatory reporting obligations
⦁    Insurance industry knowledge in the context of AML/CFT/CPF regulatory framework

Personal Attributes

Core Competencies

Build a successful career with us

We’re all about building strong, lasting relationships with our employees. We know that you have hopes for your future – your career, your personal development and of achieving great things. We pride ourselves in helping  our employees to realise their worth. Through its five business clusters – Sanlam Fintech, Sanlam Life and Savings, Sanlam Investment Group, Sanlam Allianz, Santam, as well as MiWay and the Group Office – the group provides many opportunities for growth and development.

Turnaround time

The closing date is 07 November 2025

The shortlisting process will only start once the application due date has been reached.

The time taken to complete this process will depend on how far you progress and the availability of managers. 

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