Sanlam

Internal Governance Officer

Sanlam

full-time

Posted on:

Location Type: Office

Location: Bellville • 🇿🇦 South Africa

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Job Level

Mid-LevelSenior

About the role

  • Ensure implementation of compliance across the business value chain for Sanlam Risk and Savings and other Sanlam Life & Savings businesses
  • Formalise and communicate regulatory requirements (AML, CTF and PF) to ensure compliance
  • Manage a team of AML Analysts with the purpose of ensuring compliance to FICA and related legislation
  • Monitor PEP’s and high-risk clients on an ongoing basis
  • Report suspicious transactions to Anti-Money Laundering Reporting Officer
  • Conduct periodic internal reviews or audits to ensure compliance procedures are followed
  • Perform Enhanced Due Diligence QA/checks on high-risk clients
  • Monitor Dynamic Risk assessment reports
  • Prepare monthly and quarterly Compliance Reports
  • Liaison with SLS AML CoE: Submission of quarterly reports
  • Assist with implementation of regulations that impact Life & Savings businesses
  • Conduct training for newcomers to SRS and PDD Analysts
  • Investigate and remediate compliance audit findings

Requirements

  • B. Juris / BA Law / B. Proc / LLB / BCom or other commercial degree
  • Certificate or Diploma in Commercial Management or Financial Planning
  • Meet the FAIS Fit & Proper requirements to be a FSCA registered Compliance Officer (Cat I) will be an advantage
  • At least 3 years’ regulatory experience in compliance, legal and risk management within the Financial Services industry
  • At least 2 years’ experience in managing people
  • Knowledge of compliance monitoring, risk management and review programmes within the Insurance industry
  • Thorough understanding and knowledge of the regulatory requirements impacting business, specifically FAIS, FICA, POPIA, LTIA, PPR, FATCA, CRS
  • Understanding of the Savings, Risk & Closed Book businesses will be an advantage.
Benefits
  • Competitive salary
  • Professional development opportunities

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard skills
regulatory complianceAMLCTFFICAEnhanced Due Diligencerisk managementcompliance monitoringinternal auditsfinancial planningcommercial management
Soft skills
team managementcommunicationtraininginvestigationremediation
Certifications
FAIS Fit & ProperFSCA registered Compliance Officer