Compliance Officer: Job Grade 11: SLS: Finance: Compliance: Houghton

What will you do?

• Analyse and interpret regulation and legislation, and using a risk-based approach.
• Identification and risk rating of applicable  laws and regulations for responsible business units; 
• Development and implementation of compliance/legislative universe for responsible business units
• Development and implementation of Compliance Risk Management Plans (CRMPs) for core legislative and regulatory provisions;
• Compiling monitoring plans indicating the compliance monitoring methodology used and the frequency thereof; 
• Compiling monitoring reports on the results of monitoring; 
• Incident reporting, to ensure timeous escalation of compliance risks and incidents, 
• Interpret regulation and legislation and assist business units with practical implementation thereof 
• Advise and provide guidance to management on systems, policies, processes and controls implemented to enable compliance.
• Research and communicate applicable legislative developments to all stakeholders
• Assist with the promotion of a culture of compliance and awareness within SRM and actively participating in compliance projects and training initiatives.
• Provide training on regulatory requirements to channels
• Assist with the promotion of a culture of compliance and awareness within SRM and actively participating in compliance projects and training initiatives.
• Provide training on regulatory requirements to channels

Qualification and Experience

• A legal or commercial  degree.
• Compliance qualification (PG Diploma in Compliance Management) would be advantageous. 
• Meeting the competence, qualifications and experience requirements to be registered as a Compliance Officer with the Financial Sector Conduct Authority would be advantageous.
• Admission as an attorney of a High Court (advantageous).
• 1-3 years’ experience as a Compliance Officer in the Financial Services Industry.

Knowledge and Skills

• Knowledge of the financial services industry, especially insurance
• A thorough understanding and knowledge of compliance risk management and monitoring programmes
• A thorough understanding and knowledge of the regulatory requirements impacting on the various businesses  (e.g. FAIS, FICA, LTIA, PPR, POPIA) will be advantageous
• Decision making skills
• The ability to manage people and processes effectively in instances where non-compliance is identified
• Report writing skills
• Good communication and presentation skills

Personal Attributes

• Analytical thinking
• Technical professional 
• Thorough and detail minded
• Ethical and principled

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 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