Compliance Manager at Sanlam Group

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 ExperienceThe Following Will Be RequiredQualification And Experience

• Degree with 6 to 8 years related 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.
• 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.