Life & Savings: Compliance Officer

at Sanlam Group
Location Johannesburg, South Sudan
Date Posted December 29, 2021
Category Management
Job Type Full-Time


Analyse and interpret regulation and registration, using a risk based approach.
Identification and risk rating of applicable laws and regulations for responsible business units.
Develop and implement compliance/ legislative universe for responsible business units.
Develop and implement compliance risk management plans (CRMPs) for core legislative and regulatory provisions.
Compile monitoring plans indicating the compliance monitoring methodology used and the frequency thereof.
Compile monitoring reports on the results of monitoring.
Incident reporting, to ensure timeous escalation of compliance risk 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 legislation developments to all stakeholders.
Assist with the promotion of a culture of compliance and awareness within Sanlam Developing Markets and actively participate in compliance projects and training initiatives.
Provide training on regulatory requirements to channels.

What will make you successful in this role?
3 - 6 years experience as a Compliance Officer in the Financial Services sector.
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.
Meeting the competence, qualifications and experience requirements to be registered as a Compliance Officer with the Financial Sector Conduct Authority would be advantageous.
Qualification and Experience
A legal or commercial degree
Compliance qualification, PG Diploma in Compliance Management would be advantageous.

Knowledge and Skills
Compliance and legal projects management
Compliance advise and training
Documentation reviews
Risk management
Compliance monitoring and reporting
Analytical thinking
Decision making skills
The ability to manage people and processes effectively in instances where non compliance is identified
Technical professional skills
Report writing skills
Thorough and detail minded
Ethical and principled
Good communication and presentation skills

Personal Attributes
Business insight - Contributing through others
Manages complexity - Contributing through others
Persuades - Contributing through others
Builds networks - Contributing through others
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 Group, Sanlam Emerging Markets, Santam, as well as MiWay and the Group Office – the group provides many opportunities for growth and development.

Core Competencies
Being resilient - Contributing through others
Collaborates - Contributing through others
Cultivates innovation - Contributing through others
Customer focus - Contributing through others
Drives results - Contributing through others
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 ensuring 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.

Interested candidates can send their CVs