Internal Governance Officer

What will you do?

This exciting career opportunity is responsible to ensure implementation of compliance across the business value chain for Sanlam Recurring Savings and Closed Book and other Retail Affluent businesses for certain regulations where Business Shared Services takes the lead e.g. PDD Remediation of the Sanlam Life client base, implementation of all compliance functions and requirements for the Life and Savings business.

Businesses impacted include Sanlam Recurring Savings & Closed Book, Sanlam Individual Life and Sanlam Life Investments.  Formalise and communicate regulatory requirements to ensure compliance by PDD Analysts to ensure due diligence prior to transacting and during the business relationship.

Ensure businesses have clear knowledge and understanding of the regulatory framework of the Life and Savings Business and the Monitoring and review thereof.  

Implement and uphold company policies and procedures that relates to best practice to maintain corporate governance and competitive edge.

What will make you successful in this role?

Output/Core Tasks:

1.    Ensure business always screens against most recent watch lists
2.    Ongoing monitoring of PEP’s and high-risk clients – strategically and operationally
3.    Suspicious transaction reporting to Anti-Money Laundering Reporting; this includes Conduct periodic internal reviews or audits to ensure that compliance procedures are followed; Due Diligence QA / checks on high-risk clients; and Monitor Dynamic Risk assessment reports to recommend changes
4.    Produce monthly and quarterly Compliance Reports
5.    Identify opportunities for enhancement of policies, standards and controls for potential improvements in training and communication programs.
6.    Provide recommendations to business based on Group compliance office requirements.
7.    Monitoring of regulations that impact Life and Savings businesses and Assist with implementation thereof
8.    Liaison person between PDD Analysts and businesses to review efficiency and compliance implementation
9.    Assist senior management with monitoring of remediation project(s); Including monitoring of Remediation progress and deadlines; Monitoring of data quality and Extraction of reports
10.    Investigate and remediate compliance audit findings
11.    Assist business with implementation and vesting of PPR, GOI, POPIA and other regulations
12.    Represent business on various compliance forums

Role Requirements:

Qualifications:

•    B. Juris / BA Law / B. Proc / LLB / BCom / Other commercial degree will be advantageous
•    Certificate or Diploma in Compliance Management or Financial Planning will be advantageous
•    Meet the FAIS Fit & Proper requirements to be a FSCA registered Compliance Officer (Cat I) will be advantageous

Knowledge:  

•    Knowledge of the Compliance monitoring; risk management and review programmes within the Financial services Industry, especially insurance.
•    A thorough understanding and knowledge of the regulatory requirements impacting on the business, specifically FAIS, FICA, POPIA, LTIA, PPR
•    Knowledge of the management of business processes, distribution and product house channels
o    Understanding of the Savings and Closed Book business will be advantageous

Experience:

•    At least 3 years relevant experience in Compliance, Legal and Risk management within the Financial Services industry 
•    Experience with Sanlam’s Compliance, Legal or Risk management processes is an advantage 
•    Regulatory experience
•    Good business acumen
•    Sanlam Life business

Sanlam core competencies:

•    Cultivates Innovation 
•    Client Focus 
•    Drives Results 
•    Collaborates 
•    Flexibility/Resilience

Role Competencies:

•    Self-starter and ability to work independently
•    Creative problem solver and Pragmatic
•    Analysis and Analytical ability
•    Communication, presentation, influencing and negotiation skills
•    Display ethics and a high degree of professionalism and integrity
•    Organisational awareness
•    Results driven
•    Building and maintaining effective relationships

Role Requirements

Qualifications:
•    B. Juris / BA Law / B. Proc / LLB / BCom / Other commercial degree will be advantageous
•    Certificate or Diploma in Compliance Management or Financial Planning will be advantageous
•    Meet the Financial Advisory and Intermediary Service Act and Proper requirements to be a Financial Sector Conduct Authority registered Compliance Officer (Cat I) will be advantageous

Knowledge:  

•  Knowledge of the Compliance monitoring; risk management and review programmes within the Financial services Industry, especially insurance.
•  A thorough understanding and knowledge of the regulatory requirements impacting on the business, specifically Financial Advisory and Intermediary Service Act, Financial Intelligence Centre Act, Protection of Personal Information Act, Long Term Insurance Act, Policyholder Protection Rules 
• Knowledge of the management of business processes, distribution and product house channels

                -Understanding of the Savings and Closed Book business will be advantageous

Experience:
•    At least 3 years relevant experience in Compliance, Legal and Risk management within the Financial Services industry 
•    Experience with Sanlam’s Compliance, Legal or Risk management processes is an advantage 
•    Regulatory experience
•    Good business acumen
•    Sanlam Life business

Sanlam core competencies:
•    Cultivates Innovation 
•    Client Focus 
•    Drives Results 
•    Collaborates 
•    Flexibility/Resilience

Role Competencies:
•    Self-starter and ability to work independently
•    Creative problem solver and Pragmatic
•    Analysis and Analytical ability
•    Communication, presentation, influencing and negotiation skills
•    Display ethics and a high degree of professionalism and integrity
•    Organisational awareness
•    Results driven
•    Building and maintaining effective relationships
 

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

Should you not hear from us 4 weeks after the closing date (6 May 2026), please assume that your application has been unsuccessful.

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. 

Our commitment to transformation