Compliance Manager
Johannesburg, Gauteng, South Africa
4d ago

Who are we?

Sanlam Sky Solutions, a business unit within the Sanlam Personal Finance cluster, offers a wide range of simple and affordable financial solutions tailored for the South African entry-level market.

These solutions cover needs such as funeral insurance, savings for education, life cover and personal accident plans. This business consists of 63 sales branches and 106 client care offices, conducting business through over 400 brokers and 3 700 tied agents, all dedicated to meeting the financial needs of its clients and their families.

What will you do?

This is a management role that is responsible for overseeing compliance by all legal and business entities within the Sanlam Sky cluster.

The incumbent must provide a trusted view on the level of compliance to senior and executive management and coordinate and provide guidance to a team of compliance officers.

Outputs include :

  • Coordinate and provide guidance to a team of compliance officers on activities across business entities within a clustering of businesses.
  • Analyse and interpret applicable laws and regulation, and use a risk-based approach in developing compliance risk management and monitoring plans for specific legislation.
  • Interpret legislation and assist management with practical implementation thereof as required.
  • Advise and provide guidance to management on systems, policies, processes and controls implemented to enable compliance.
  • Drafting reports on monitoring results to the management of business entities forming part of the business clustering.
  • Assist with the promotion of a culture of compliance and awareness within Sanlam Sky by coordinating and implementing compliance projects and training initiatives.
  • Provide inputs to external industry bodies relative to specific regulatory topics (e.g. ASISA working groups).
  • Escalate any matters that may require the attention of or a decision by the Head of SPF Compliance and / or Sanlam Sky Exco and / or other relevant governing board.
  • Maintain good relationships with the various regulators and assist with the compilation of responses pertaining to queries received from the various regulators.
  • Assist with the review and reporting of suspicious or unusual transactions as defined and required by the applicable AML / CTF legislation.
  • What will make you successful in this role?

    Qualifications 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 Head of Compliance Control Function with the Prudential Authority and a Compliance Officer with the Financial Sector Conduct Authority would be advantageous.
  • 5-8 years financial services compliance experience, of which at least 3 years must have been in a management role.
  • The following will be required :

  • 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 in Sanlam Sky (e.
  • g. FAIS, FICA, LTIA, PPR, POPIA, PFA) will be advantageous.

    Qualification and Experience Degree with 6 to 8 years related experience. Knowledge and Skills Compliance and legal projects managementCompliance advice, training and documentation reviewsRegulatory compliance reporting and monitoringCoaching and mentoring of less experienced compliance employeesRisk management Personal Attributes Business insight - Contributing through othersBuilds networks - Contributing through othersManages complexity - Contributing through othersPersuades - 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 business clusters Sanlam Personal Finance, Sanlam Emerging Markets, Sanlam Investments, Sanlam Corporate, Santam, Miway, as well as the Group Office the group provides many opportunities for growth and development.

    Core Competencies Cultivates innovation - Contributing through othersCustomer focus - Contributing through othersDrives results - Contributing through othersCollaborates - Contributing through othersBeing resilient - 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.

    Add to favorites
    Remove from favorites
    My Email
    By clicking on "Continue", I give neuvoo consent to process my data and to send me email alerts, as detailed in neuvoo's Privacy Policy . I may withdraw my consent or unsubscribe at any time.
    Application form