Compliance Officer Intern: Sanlam Corporate 12 Month Contract

Apply now »

Date: 03-Jun-2021

Location: Bellville, Western Cape, South Africa

Company: Sanlam Group

Who are we?

Sanlam Life and Savings (SLS) is focused on serving our retail and corporate clients in South Africa and further developing our strategic advantages in the South African market. Sanlam Life and Savings consists of three clusters - Sanlam Corporate, Sanlam Retail Mass and Sanlam Retail Affluent. The Sanlam Life and Savings Office provides strategic direction, coordination and support to the three clusters, as well as performing governance oversight that includes assurance provided by second line of defense functions in SLS, to enable us to meet our business objectives.

What will you do?

This role exists in our Sanlam Corporate Compliance function where we focus on the provision of assurance to the Sanlam Corporate Exco and Senior Management as well as within the Sanlam Group via various other functionaries. In this position you will work with the compliance officers in the team

What will make you successful in this role?

You will be required to:

  • Monitor compliance with applicable legislation and internal requirements
    • Research and gather information on new legislation
    • Analyse proposed new legislation and provide input
    • Review client facing documentation to ensure alignment with legislative requirements
    • Present on legislative requirements and promote compliance culture
    • Manage legislative training and testing as required in terms of e.g. FAIS & FICA
  • Assist with reporting and resolution of breaches and other compliance and regulatory issues
  • Assist in developing, promoting, implementing and maintaining compliance standards and procedures that
  • enable employees to act in a compliant manner
  • Assist with incident reporting, to ensure timeous escalation of compliance risks and incidents

Qualification and Experience

  • Relevant qualification as required for FAIS
  • A Legal or Commercial degree will be advantageous
  • Compliance Practitioner designation (CPrac) 

Knowledge and Skills

A understanding and knowledge of the regulatory requirements impacting on insurance industry (e.g. PF Act,
FAIS, FICA, LTIA, PPR, POPIA) will be advantageous.
Computer literate in MS Office which includes Microsoft Word, Excel & PowerPoint
Record keeping, filing and maintenance of databases
Data collection and processing of transactions 
Reporting and administration 
Quality, compliance and accreditation 
Business process 
Services knowledge

Personal Attributes

Action orientated - Contributing independently
Demonstrates self-awareness - Contributing independently
Plans and aligns - Contributing independently
Optimises work processes - Contributing independently

Build a successful career with us

Core Competencies

Being resilient - Contributing independently
Collaborates - Contributing independently
Cultivates innovation - Contributing independently
Customer focus - Contributing independently
Drives results - Contributing independently

Turnaround time

Closing date for applications is 16 June 2021

Our commitment to transformation

The Sanlam Group is committed to achieving transformation and embraces diversity.  This commitment is what drives us to achieve a diverse, inclusive and equitable workplace as we believe that these are key components to ensuring a thriving and sustainable business in South Africa.  The Group's Employment Equity plan and targets will be considered as part of the selection process.