Group Benefits Compliance Officer at Sanlam Group

What will you do?

• Analyse and interpret regulation and legislation, and using a risk-based approach.
• Compiling monitoring plans indicating the compliance monitoring methodology used and the frequency thereof;
• Compiling monitoring reports on the results of monitoring;
• Incident reporting, to ensure timeous escalation of compliance risks and incidents,
• Interpret regulation and legislation and assist business units with practical implementation thereof
• Advise and provide guidance to management on systems, policies, processes and controls implemented to enable compliance.
• Research and communicate applicable legislative developments to all stakeholders
• Assist with the promotion of a culture of compliance and awareness within Sanlam Sky and actively participating in compliance projects and training initiatives.
• Provide training on regulatory requirements to channels
   

What will make you successful in this role?

Qualifications

• 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 a Compliance Officer with the Financial Sector Conduct Authority would be advantageous

Experience & Knowledge

• 3-6 years’ experience as a Compliance Officer in the Financial Services Industry
• 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 (e.g. FAIS, FICA, LTIA, PPR, and POPIA) will be advantageous