Jobs Career Advice Signup

Send this job to a friend


Did you notice an error or suspect this job is scam? Tell us.

  • Posted: Nov 3, 2021
    Deadline: Not specified
  • Since our establishment in 1918, Sanlam has been a prominent part of the South African business landscape. We have always held a long-term view of how business adapts to the demands of the environment in which it operates. Today, in a dynamic world, we see an evolving set of social, economic, political and environmental imperatives that require our skilful ...
    Read more about this company


    Compliance Specialist - Monitoring

    Who are we?

    Sanlam Developing Markets [SDM] (a wholly-owned subsidiary of Sanlam Life Limited) is one of the top financial services providers in the South African entry-level and emerging middle market. It aims to understand the unique requirements of clients and offers a wide range of simple and affordable financial solutions that cover needs such as funeral insurance, savings for education, life cover and personal accident plans. In terms of the Sanlam Group Governance Policy, SDM is managed by the SA Retail Mass cluster, which is part of the Sanlam Life and Savings cluster within the Sanlam Group. The cluster focusses on retail porducts, as well as group schemes.

    What will you do?

    Contribute to the efficient and effective functioning of Compliance Function

    • Monitoring and Reporting on the Sales Process

    • Conduct onsite and offiste compliance monitoring

    • Ensure remedial action is attended

    • Assist the compliance manager to ensure that compliance function are in compliance with law and industry and regulatory body requirements

    • Maintain efficient and effective operations in Compliance

    • Validate that policies and procedures with regards to Compliance Function are being adhered to. (TCF)

    • Assist with the debarment processes being adhered to within the Group

    • Provide guidance to junior compliance monitoring officers and prepare regulatory compliance reports

    • Compliance consulting / advice to distribution / implementation support 

    • Design and implement policies and procedures / manuals to ensure compliance

    Provide Training and Awareness on Compliance Matters

    • Perform compliance audits in relation business unit

    What will make you successful in this role?

    • LLB, Admitted Attorney

    • A completed compliance / audit qualification would be a distinct advantage.

    • At least three years’ experience in a compliance role, preferably in the financial services industry. 

    • RE 1 (Advantage)

    Qualification and Experience

    • Degree

    Knowledge and Skills

    • Compliance monitoring
    • Administration
    • Ensures quality advice and training on compliance and accreditation
    • Business Processes
    • Services Knowledge

    Personal Attributes

    • Communicates effectively - Contributing independently
    • Decision quality - Contributing independently
    • Action orientated - Contributing independently
    • Optimises work processes - Contributing independently

    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 four business clusters – Sanlam Life and Savings, Sanlam Investment Group, Sanlam Emerging Markets, Santam, as well as MiWay and the Group Office – the group provides many opportunities for growth and development.

    Core Competencies

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

    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. 

    Our commitment to transformation

    • The Sanlam Group is committed to achieving transformation and embraces diversity. This commitment is what drives us to achieve a diverse, inclusive and equitable workplace as we believe that these are key components to ensuring a thriving and sustainable business in South Africa. The Group's Employment Equity plan and targets will be considered as part of the selection process.

    Method of Application

    Interested and qualified? Go to Sanlam on to apply

    Note: Never pay for any training, certificate, assessment, or testing to the recruiter.

  • Send your application

    View All Vacancies at Sanlam Back To Home

Subscribe to Job Alert


Join our happy subscribers

Send your application through

GmailGmail YahoomailYahoomail