Assistant Compliance Officer - Fixed Term Contract

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Date: 08-Apr-2021

Location: Tygervalley, Western Cape, South Africa

Company: Sanlam Group

Who we are?

Sanlam Investments Group is one of South Africa’s largest investment management companies. We have a performance history spanning over 100 years, and offer a range of investment and financial planning solutions to protect and grow the long-term wealth of our clients.

We take particular pride in:

•             Sanlam’s longevity and innovation

•             People, teamwork and values

•             A culture of diversity and commitment to growing our own timber

•             Our robust, tested and proven pragmatic investment process and philosophy

Our local and offshore investment products cover the full investment spectrum: active and passive; single and multi-manager – both locally and internationally. Our active funds range are managed according to our pragmatic value investing style.

Objective of the Role

The Assistant Compliance Officer assists the compliance team in ensuring that Sanlam Investment Group implements and maintains an effective, committed compliance and integrity program, to prevent and detect violations of legislation, internal rules an policies and investment guidelines.

What will you do?

•    Assist in monitoring compliance with applicable legislation and internal requirements. 
•    Review draft mandates and investment guidelines with the view of implementation.
•    Monitor compliance with mandates and investment guidelines for compliance purposes within the timeframes and report to management and clients.  
•    Identifies and assess compliance risk areas periodically and appropriately address findings through relevant and appropriate action plans processes. 
•    Advise management, employees and clients on all compliance and regulatory matters that affect business decisions. 
•    Assist in developing, promoting, implementing and maintaining compliance standards and procedures that enable employees to act in a compliant manner. 
•    Assist with the proper establishment and maintenance of procedures on the identification, reporting and resolution of breaches and other compliance and regulatory issues. 
•    Train and assist employees to improve their regulatory knowledge and enhance their compliant behaviours. 
•    Engage with Portfolio Managers and business leaders on compliance matters relating to all investment management processes.
•    Report on compliance matters to the compliance officer, and assist the compliance officer in reporting on such matters to the Compliance Manager periodically.
•    Assist the compliance officer in ensuring that an effective system exists for communicating the compliance standards and guidance in the compliance risk areas, including digital training and other relevant communications mediums.
•    Support the designated business unit leaders in exercising their responsibility for oversight of compliance in their business units.
•    Execute all other functions related to the compliance mandate as
 delegated by the compliance officer and Compliance Manager.

What will make you successful in this role?

•    Relevant tertiary qualification
•    Postgraduate Diploma in Compliance Management would be an advantage
•    Three (3) years compliance experience in an asset management environment
•    Good working knowledge of FAIS, AMl & FICA and other related legislation
•    Strong working knowledge and application experience of Financial Markets Legislation 
•    FSCA Approved Compliance Officer for Cat II would be an advantage
•    Investment and financial industry experience (essential)

Qualification and Experience

Degree or Diploma with 4 to 6 years related experience.

Knowledge and Skills

Compliance and legal projects management
Compliance advice and training
Documentation reviews
Compliance monitoring and reporting
Risk Management

Personal Attributes

Business insight - Contributing independently
Builds networks - Contributing independently
Manages complexity - Contributing independently
Persuades - 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 four business clusters – Sanlam Life and Savings, Sanlam Investment the group provides many opportunities for growth and development.

Core Competencies

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