AML Administrator

Date: 2 Apr 2025

Location:

Tygervalley, Western Cape, ZA

Company: Sanlam Group

Who we are?

Sanlam Investment Group
The Sanlam Investment Group is uniquely equipped and positioned to deliver on its purpose of empowering generations to be financially confident, secure and prosperous. Through our vast in-house expertise and strategic partner networks, we can access all asset classes across the globe, private and public, actively and passively managed, to develop investment solutions that are in our clients’ best interests and have a positive impact on society. Backed by the Sanlam Group’s balance sheet, the Sanlam Investment Group has a true competitive advantage in its ability to invest alongside clients, particularly in private markets where impact investing drives the agenda.

The Sanlam Investment Group is one of the largest, most diversified financial services and investment firms in Southern Africa with assets under management and administration of more than R2 trillion. It is a B-BBEE level 1 contributor and one of the largest black-empowered asset managers on the African continent.

What will you do?

First line AML administrator will assist the AML Analyst and Team Leader in reviewing KYC information and documents to ensure alignment to FIC Helpfile
Assist the AML team in maintenance of KYC and information documentation
Responsible for ensuring accurate record keeping of KYC information and documentation
To aid the AML team in creating a client profile on the AML system
Responsible for and ensuring maintenance of the client profile on the AML system
Provide assistance in screening of client and their linked parties
Responsible for clearing and investigating screening alerts generated within the ORMS and SIRON dashboards
Required to assist in conducting risk rating on the client using the Sanlam risk rating tool
Responsible for adhering to the Sanlam terminations process
Assist the AML team in the Enhanced Due Diligence process
Ensuring operational adherence to AML/CFT/CPF regulation
Execute the AML/ CFT/ CPF processes and procedures in line with Risk Management and Compliance Programme and relevant legislation
Assist with projects impacting AML/CFT/CPF
Responsible for creating and maintaining standard operating procedure documents
Assist Money Laundering Reporting Officers in meeting regulatory reporting timelines

What will make you successful in this role?

Under limited supervision ensures that the necessary documentation is set up for the different exposures in order to minimise risk to the organisation. Implication of the decisions and consequence are taken into account when performing administrative tasks. Collects, compiles and checks documentation and information. Ability to follow procedures strictly. Deals with clients.

Qualification and Experience

Grade 12 with 2 to 3 years experience.

Knowledge and Skills

Compliance monitoring

Administration

Ensures quality advice and training on compliance and accreditation

Business Processes

Services Knowledge

Personal Attributes

Communicates effectively - Contributing independently

Decision quality - Contributing independently

Action orientated - Contributing independently

Optimises work processes - Contributing independently

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.

Core Competencies

Cultivates innovation - Contributing independently

Customer focus - Contributing independently

Drives results - Contributing independently

Collaborates - Contributing independently

Being resilient - Contributing independently

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

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 ensure 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.