Sanlam

Compliance Officer

Sanlam

full-time

Posted on:

Location Type: Office

Location: Johannesburg • South Africa

Visit company website

Explore more

✨ AI Apply
Apply

About the role

  • Analyse and interpret regulation and legislation, and using a risk-based approach
  • Identification and risk rating of applicable laws and regulations for responsible business units
  • Development and implementation of compliance/legislative universe for responsible business units
  • Development and implementation of Compliance Risk Management Plans (CRMPs) for core legislative and regulatory provisions
  • Compiling monitoring plans indicating the compliance monitoring methodology used and the frequency thereof
  • Compiling monitoring reports on the results of monitoring
  • Incident reporting, to ensure timeous escalation of compliance risks 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 legislative developments to all stakeholders
  • Assist with the promotion of a culture of compliance and awareness within SRM and actively participating in compliance projects and training initiatives
  • Provide training on regulatory requirements to channels

Requirements

  • 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 a Compliance Officer with the Financial Sector Conduct Authority would be advantageous
  • Admission as an attorney of a High Court (advantageous)
  • 1-3 years’ experience as a Compliance Officer in the Financial Services Industry
  • 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
  • Decision making skills
  • The ability to manage people and processes effectively in instances where non-compliance is identified
  • Report writing skills
Benefits
  • Competitive salary
  • Flexible working hours
  • Professional development budget
  • Home office setup allowance
  • Global team events
Applicant Tracking System Keywords

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

Hard Skills & Tools
compliance risk managementmonitoring plansincident reportingregulatory requirementsreport writingrisk assessmentlegislative interpretationcompliance trainingcompliance monitoring methodologydevelopment of compliance plans
Soft Skills
decision makingpeople managementprocess managementcommunicationadvisory skillsanalytical skillsorganizational skillstraining facilitationstakeholder engagementproblem solving
Certifications
PG Diploma in Compliance ManagementCompliance Officer registrationAdmission as an attorney of a High Court