Compliance Officer - Bellville at Sanlam Group

What will you do?

• The Compliance Officer is responsible for assisting the Compliance Manager in ensuring the implementation and maintenance of an effective and well-monitored regulatory compliance framework within Sanlam Retail Affluent, with a specific focus on Glacier. 

What will make you successful in this role?

The following outcomes will be expected to be achieved by the Compliance Officer. 

• Identification and risk rating of applicable laws and regulations
• Implementation and maintenance of the compliance framework and processes 
• Compliance risk assessments, development and implementation of compliance risk management plans 
• Developing and maintaining compliance monitoring plans 
• Conducting compliance monitoring 
• Compilation of internal and external compliance reports 
• Implementation of remedial action 
• Review regulatory training material to ensure that training requirements are met 
• Provide compliance training
• Presenting to and engaging the relevant business areas on compliance feedback and corrective action 
• Provide guidance on regulatory developments and group policies  
• Assist with the promotion of a culture of compliance and awareness within Glacier by actively participating in compliance projects and training initiatives
• Working knowledge of the legislation
• Analyse and interpret regulation and legislation
• Ability to advise on legislation and understanding the impact that it has on business
• Ability to comment on regulatory developments and advise business on changes
• Ability to interact with industry bodies on legislation
• Timeous involvement in key regulatory  projects in order to pro-actively provide compliance guidance to business

Qualification and Experience

• FSCA  recognised qualification 
• FSCA approved FAIS Category III Compliance Officer 
• Applicable regulatory exams
• Minimum of 3 years experience in compliance 
• Member of the Compliance Institute of Southern Africa – Certified Compliance Practitioner (CPRAC) designation would be advantageous 
• Working knowledge of the Generally Accepted Compliance Practice Framework

Knowledge and Skills

• A strong working knowledge of the financial services industry and its regulatory environment (e.g. FAIS, FICA, LTIA, PPR, POPIA etc)
• A thorough understanding and knowledge of development and execution of compliance risk management and monitoring plans
• Decision making skills
• Technical professional skills
• Report writing skills
• Presentation skills 
• Negotiation/Influencing skills
• Planning and organising skills
• In depth understanding of Category III Financial Services Provider 

Behavioral Competencies

• Ability to work well under pressure, independently and as part of a team
• Relationship building 
• Communication (both written and verbal) 
• Thorough and detail minded
• Results oriented 
• Analytical thinking and problem solving 
• Leadership and self-confidence 
• Client service orientation 
• Computer literacy 
• Attention to detail 

Core Competencies

• Being resilient - Contributing independently
• Collaborates - Contributing independently
• Cultivates innovation - Contributing independently
• Customer focus - Contributing independently
• Drives results - Contributing independently