Financial Investigative Analyst

What will you do?

As a Financial Investigative Analyst at Sanlam Namibia, you will play a key role in safeguarding the organization against financial crime. You’ll be responsible for investigating suspicious financial activities, supporting compliance with anti-money laundering regulations, and ensuring adherence to internal policies and regulatory requirements. Your work will involve conducting fraud investigations, analyzing financial data, collaborating with law enforcement and regulatory bodies, and providing training and support to internal teams. This role requires a sharp eye for detail, strong analytical skills, and a commitment to upholding integrity and compliance across the business.

What will make you successful in this role?

Operational Compliance
•    You assist in ensuring business processes align with compliance and forensic standards
•    You communicate clearly with distribution and administration teams, supporting them with regulatory changes and process updates
•    You proactively monitor and report non-compliance, helping to maintain a culture of integrity

Regulatory Engagement
•    You stay informed about changes in regulatory requirements and assist in ensuring timely and accurate reporting to relevant authorities
•    You support internal and external audit processes and assist in managing the preparation and submission of required compliance documentation and reports

Training and Development
•    You assist in identify training needs and help close knowledge gaps through sessions and updated SOPs
•    You support staff in adapting to new compliance procedures and systems

Compliance with Laws and Regulations
•    You ensure accurate execution of daily regulatory and cash reports
•    You assist in managing and updating the PEP lists and ensure proper screening of parties as required by law

Process and Procedure Reviews
•    Ensure business processes align with compliance and forensic requirements
•    Investigate and coordinate the reporting and resolution of suspected fraud cases
•    Monitor and report any non-compliance with anti-fraud measures to the relevant manager

Investigations and Evidence Gathering
•    Plan and conduct thorough investigations by collecting, analyzing, and linking evidence to potential transgressions
•    Investigate a wide range of incidents across all business areas
•    Compile detailed reports and affidavits on irregularities and recommend appropriate actions

Risk Identification and Prevention
•    Identify patterns or trends in fraudulent activity and propose preventative measures
•    Recommend improvements to reduce exposure to future risks

Regulatory and Legal Collaboration
•    Engage with regulatory and law enforcement agencies during investigations
•    Provide input and support to prosecuting and regulatory authorities
•    Testify in internal, regulatory, or legal proceedings when required

Reporting and Communication
•    Discuss investigation findings with the Manager: Operational Risk and Forensics
•    Finalize fraud investigations and communicate outcomes to relevant internal and external stakeholders

Qualification and Experience

Minimum grade 12

A certificate in Compliance Management / Fraud Investigations would be an added advantage

Tertiary qualification in a relevant field would be an added advantage

Minimum of 2 to 3 years working experience with Compliance and Monitoring backgroumd in the Insurance / Banking / Financial Industry

Knowledge and Skills

Specific knowledge of the environment in which a long-term insurer operates, as well as knowledge of financial institutions in general

Communication skills

Report writing skills

Excellent English (verbal & written) language skills

Time Management

Analytical Skills

Critical thinking skills

Assertive self-starter

Computer literate (Excel, Word, PowerPoint)

Attention to detail, accurate, and organised

The incumbent MUST be available to work late, and during weekends, especially during cut-off weeks

Work under pressure and with a sense of urgency

High concern for accuracy and efficiency

Administrative and routine oriented

Client Service focused

Optimises work processes

Personal Attributes

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

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