Compliance Administrator: SLS: RA: Sanlam Risk & Savings: Bellville at Sanlam Group

Purpose of the Role

• The role requires the incumbent to provide administrative, operational and governance support to the Internal Governance Officer and broader governance functions within SRA: Risk & Savings.
• This includes supporting Party Due Diligence (PDD) activities, compliance monitoring processes, regulatory reporting, governance record keeping and the effective administration of legislation including FICA, POPIA, the Long-term Insurance Act Regulations, Prudential Standards and Policyholder Protection Rules (PPR).

Outputs / Core Tasks

The following outcomes will be expected to be achieved by the Compliance Administrator:

Support Function for Due Diligence:

• Assist with maintenance of record keeping of AML, CFT, CPF documentation.
• Custodian of archived records and ensure ease of accessibility.
• Maintain enhanced due diligence Hitmaster list for high-risk clients and where additional controls are applied. 
• Keep track of and support Internal Governance Officer with ad hoc projects.
• Assist with the batch drop tracking progress and support with the preliminary steps of the process.
• Support New Business team including FICA Specialists, Party Due Diligence Analysts and AML Analysts with volumes when required.

Governance/ Compliance:

Facilitate record keeping in terms of various relevant legislation:

• POPIA (breach management, IRC, DSP).
• PPR (Product Development Framework, Governance Frameworks, Data Management Framework, etc).
• FICA responsibilities (process documents, static and dynamic risk controls/ evidence, track FICA training).
• Facilitate the maintenance and version control of the various internal policies, standards, frameworks and other documents stored in a centralized internal location.
• Track the various dates for submission by SRA: Risk & Savings to assurance providers and regulators and ensure preliminary preparations are done to facilitate these submissions e.g. quarterly AML/ CFT/CPF submission to the Prudential Authority & Annual Regulatory Report Submissions.
• Liaison with relevant stakeholders for gathering and submission of sampling for monitoring and control testing.   
• Liaison with relevant stakeholders for any requirements relating to STR and SAR investigations or Section 27 FICA requests.
• Support the Internal Governance Officer with the upkeep and maintenance of the Outsourcing register.

Reporting:

• Monthly feedback with Internal Governance Officer to track and report on various activities relating to overall Administrative Compliance, Operational and Governance matters.
• Regular reporting to Internal Governance Officer on any New Business production issues.
• Assist with and feedback on 2nd line compliance activities requests.
• Coordinate the monthly FICA reporting process by collecting, consolidating, reviewing and distributing compliance monitoring responses between the business and compliance.
• Maintain the High-Risk Client register and record all approved enhanced due diligence outcomes.
• Support the Internal Governance Officer with regulatory engagements and information requests received from the AML CoE/external stakeholders.
• Support STR, SAR and CTR reporting processes and liaise with the AML CoE where required.
• Assist with POPIA breach management administration, investigation tracking and reporting requirements.
• Support the compilation and coordination of quarterly AML and data privacy reporting submissions and supporting evidence.
• Maintain governance repositories, electronic filings and compliance records management to ensure audit readiness and effective version control.
• Support the Internal Governance Officer with the maintenance of outsourcing registers, risk assessments and SRA: Risk & Savings Compliance documentation.
• Provide administrative support during audits, compliance reviews, regulatory inspections and governance forums.

Role Requirements

Qualifications:

• Grade 12
• Relevant qualification in Compliance Management, Governance, Risk Management, Law or Business Administration.

Experience:

• 3 – 5 years’ experience in a similar role within Financial Services.
• Exposure to regulatory reporting, risk management, governance administration, record management and audit support processes.

Knowledge:

• A solid understanding of the risk management process.
• Knowledge of the compliance monitoring process.
• Knowledge of customer due diligence requirements and primary Legislation i.e FICA, LTIA, PPR, POPIA, LTIA Regulations.

Competencies:

• Communicates effectively
• Decision quality
• Analytical thinking
• Cultivates innovation
• Plans and aligns
• Concern for accuracy
• Customer focus
• Collaborates
• Drives results
• Influencing and gaining commitment
• Team focus
• Being resilient
• Computer skills (MS Office – Word and Excel advanced level)

Core Competencies

• Being Resilient
• Collaborates
• Cultivates Innovation
• Customer Focus
• Drives Results

Closing Date: 5 November 2026.