Compliance Officer at Sanlam Group

Who are we?

Sanlam Private Wealth crafts customised investment portfolios for high net worth private clients, charitable institutions, trusts and corporate entities.

With assets under management and administration of more than R151 billion, we offer a comprehensive and integrated suite of wealth management solutions. These include equity, retirement and offshore investment portfolios, fiduciary and tax services, an equity-backed finance offering, a global stockbroking service and derivatives trading. 

At Sanlam Private Wealth, our clients are at the core of everything we do. For this reason, we employ people with passion – individuals who thrive in an entrepreneurial, high-energy environment.

Sanlam Private Wealth is part of the Sanlam Investments Group, a leading investment and wealth management business in South Africa, Sub-Saharan Africa, Australia and Europe.

What will you do?

• Assist to establish and maintain a robust compliance function within the risk management framework of the business according to key regulations

• Formulate, adapt, initiate, maintain and implement policies and procedures on various key regulations as required

• Draft, maintain and enhance Compliance Risk Monitoring Plans (“CRMPs”).

• Incorporate new legislation into existing structure

• Monitor compliance and adherence with rules, regulation, policies, procedures and limits and recommend  enhancements

• Act as an independent reviewer to identify areas of potential compliance vulnerability and risk.  

• Develop and maintain systems and tools to support the compliance function

• Compliance Static Data Management

• Ensure regulatory and compliance deadlines are met

• Assist the Senior and/or Head Compliance Officer when liaising with regulators

• Assist the Senior and/or Head Compliance Officer with rolling out training to employees on compliance and new legislation

• Ad hoc tasks as required

Qualification and experience

• B Com (Law)/LLB or equivalent FSCA recognised qualification

• FSCA RE Exams and SAIFM Compliance certification would be an advantage

• Registration as a FAIS Compliance Officer/JSE Compliance Officer

• 3 – 5 years compliance related experience in the financial services industry

• Exposure to CAT I (direct and via intermediary services) and CAT II FSP businesses advantageous

• Member of the Compliance Institute of Southern Africa would be advantageous

Knowledge and skills

• Working knowledge and application experience of Financial Markets Legislation is key

• Key Acts: FAIS (essential), JSE Rules and Directives (essential), Advantageous supplementary experience: FICA/AML, FATCA, POPIA, Regulation 28 etc.

• Strong Computer literacy skills in MS Office and JSE BDA system knowledge essential

• Excellent numeracy skills

• Technical understanding of financial products and instruments advantageous

• Research and due diligence skills

• System automation skills (Innovative ideas on possibility to automate processes/procedures)

• Ability to understand broader business issues, to apply holistic insight and acumen in integration of processes

Personal qualities

• Strong numerical orientation

• Highly organized with a high level of client focus

• Accurate and detail orientated

• Critical and analytical capability

• Adaptability to changing environment

• Ability to perform well under pressure and show maturity, confidence and resilience

• Excellent listening, communication and interpersonal skills

• Pro-Active approach to work, clients, problem solving

• Learning agility and curiosity

• Assertive

• Passionate ownership for results

Build a successful career with us

We’re all about building strong, lasting relationships with our employees. We know that you have hopes for your future – your career, your personal development and of achieving great things. We pride ourselves in helping our employees to realise their worth. Through its business clusters – Sanlam Personal Finance, Sanlam Emerging Markets, Sanlam Investments, Sanlam Corporate, Santam, Miway, as well as the Group Office – the group provides many opportunities for growth and development.

Turnaround time

The shortlisting process will only start once the application due date has been reached. The time taken to complete this process will depend on how far you progress and the availability of managers. 

• To be considered for the above opportunity please upload your detailed CV on or before 28 January 2022

• Please note that if you are not contacted within 2 weeks after the closing date your application has been unsuccessful

Our commitment to transformation

The Sanlam Group is committed to transformation and embracing diversity and our employment equity plan and targets will be considered as part of the recruitment process. This commitment is what drives us to achieve a diverse workplace with employment equity as a key goal to create an inclusive workforce, representative of the demographics of our society as well as people with disabilities.