Compliance Officer: JG10/11 TBC: SLS Compliance: Bellville

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.

What will you do?

• The Compliance Officer is responsible for assisting the Compliance Manager in ensuring the implementation and maintenance of an effective and well-monitored regulatory compliance framework within Sanlam Life and Savings, with a specific focus on Management Company (Manco). 

What will make you successful in this role?

The following outcomes will be expected to be achieved by the Compliance Officer. 

• Liaising with asset managers, regulators, trustees and key stakeholders to ensure regulatory reporting requirement are met
• Review and delivery of all regulatory reports and/or information requests required in terms of relevant legislation, regulators or trustees.
• Assisting on and oversight of fund application process
• Identification and risk rating of applicable laws and regulations
• Implementation and maintenance of the compliance framework and processes 
• Compliance risk assessments, development and implementation of compliance risk management plans 
• Developing and maintaining compliance monitoring plans 
• Conducting compliance monitoring 
• Compilation of internal and external compliance reports 
• Preparation and coordination of regulatory visits
• Oversee implementation of remedial action 
• Review regulatory training material to ensure that training requirements are met 
• Provide compliance training
• Presenting to and engaging the relevant business areas on compliance feedback and corrective action 
• Provide guidance on regulatory developments and group policies  
• Assist with the promotion of a culture of compliance and awareness by actively participating in compliance projects and training initiatives
• Working knowledge of the legislation
• Analyse and interpret regulation and legislation
• Ability to advise on legislation and understanding the impact that it has on business
• Ability to comment on regulatory developments and advise business on changes
• Ability to interact with industry bodies on legislation
• Timeous involvement in key regulatory projects in order to pro-actively provide compliance guidance to business
• Assisting the team to ensure that all deliverables are met timeously.
   

Role Requirements:

Qualifications:

• FSCA  recognised qualification 
• Applicable regulatory exams (RE1,3 & 4)

Knowledge & Experience:

• Minimum of 3 years experience in Manco compliance would be advantageous
• FSCA approved FAIS Category I,II & III Compliance Officer would be advantageous
• Working knowledge of the CISA Generally Accepted Compliance Practice Framework
• Working Knowledge of Board Notice 90, Board Notice 92, REG28, CISCA, and ASISA Standards, and other applicable legislation
• Member of the Compliance Institute of Southern Africa – Certified Compliance Practitioner (CPRAC) designation would be advantageous 
• In depth understanding of the Manco environment 
• A strong working knowledge of the financial services industry and its regulatory environment (e.g. Board notice 90, Board notice 92, Reg 28, CISCA, ASISA standards etc)
• A thorough understanding and knowledge of development and execution of compliance risk management and monitoring plans.
• Ability to work well under pressure, independently and as part of a team

Skills:

• Decision making skills
• Technical professional skills
• Report writing skills
• Presentation skills 
• Communication (both written and verbal) 
• Negotiation/Influencing 
   

Competencies

• Relationship building 
• Thorough and detail minded
• Results oriented 
• Analytical thinking and problem solving 
• Leadership and self-confidence 
• Attention to detail 
• Computer literacy 
   

Sanlam Core Competencies

Turnaround time

The closing date is 11 March 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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