AML Manager: Sanlam Life & Savings & Sanlam Fintech at Sanlam Group

What will you do?

• This is a centralised role which supports management in the execution of their responsibilities around Anti-Money Laundering, Counter Terrorist Financing, Counter Proliferation Financing and Sanctions (collectively referred to as “AML”), which includes the Sanlam Group AML standards.

What will make you successful in this role?

• Assist in developing and implementing the AML strategy for SLS & SFT.
• AML subject matter expert, providing guidance and support to businesses relating to AML legislation and regulations and developments.
• Ensure all AML gaps (highlighted by assurance providers and/or regulators) are remediated within specific timelines.
• Ensure consistent application of the Sanlam Group AML standards .
• Collaborate with the Sanlam Group Legal, Compliance and Financial Crime Office on AML issues.
• Oversee support to businesses on maintenance and execution of the various Risk Management and Compliance Programmes (RMCPs).
• Oversee the effectiveness tasting and enhancements of automated transaction monitoring systems, where applicable in SLS & SFT.
• Maintaining strategic relationships with key stakeholders within SLS & SFT and regulators.
• Responsible for leadership of a team of AML specialists.
• Promote continuous learning of AML best practices and methodologies with internal stakeholders.
• Identify opportunities for process enhancements and controls for AML and sanctions related prevention and detection.

Qualification and Experience

• A legal or commercial degree 
• The professional designation AMLCPrac or ACAMS would be advantageous
• 5-10 years financial services experience, of which at least 3 years must have been in a management role. 

Knowledge and Skills

• A thorough understanding and knowledge of the financial services industry, especially insurance and/or asset management and/or banking.
• A thorough understanding and knowledge of industry best practices around AML risk-based approaches, AML processes and screening solutions. 
• A thorough understanding and knowledge of the core AML legislative and regulatory requirements and standards impacting on the various businesses, e.g. Financial Intelligence Centre Act, FATF Standards. 
• Decision making skills.
• Technical professional skills
• Report writing skills.
• Good communication and presentation skills