Group Compliance Analyst at Sanlam Group

What will you do?

• Assist and support the Group Compliance Office in effectively implementing the Group compliance monitoring program across the organisation, business and clusters.
• Responsible for ensuring continuous monitoring of key compliance areas such as, but not limited to, regulatory compliance, financial crime compliance and market conduct. Responsible for ensuring the businesses and clusters have compliance monitoring plans that effectively address key compliance risks.

What will make you successful in this role?

Risk Governance: 

• Responsible for drafting and implementing the Group compliance monitoring plan across the business and clusters.
• Responsible for ensuring the business and cluster compliance monitoring plan are in place and conducting assurance checks effectiveness thereof.
• Review compliance policies, processes and procedures to ensure they meet expectations including regulatory requirements.
• Provide second line monitoring and testing of compliance risks.
• Responsible for implementing and enforcing the organisation's or business units' compliance program. Maintains awareness of regulatory framework and specific obligations within Financial Advisory and Intermediary Services (FAIS) Act, code of conduct, and requirements.
• Consults on an on-going basis with operational managers to ensure conformance with applicable laws and regulations covering various compliance risks nationally and abroad.
• Ensures compliance with and oversight of ongoing statutory regulatory requirements. This responsibility includes monitoring and validation of investor files, technical and documentary support to investor teams, updating of operational procedures and participation in compliance committees.  
• Provide support to the business through the SME on compliance monitoring.

What will make you successful in this role continues?

• Provide advice, input, and guidance on compliance controls in respect of minimum standards, strategies, projects, plans, initiatives, reporting, and other relevant activities.
• Stay abreast of key regulatory updates and developments to enable implementation across the applicable Sanlam businesses.
• Make key contributions towards the maintenance of the compliance framework by conducting research and analysis and staying abreast of new or amended legislation to align local requirements and international best practices, as applicable.
• Provide input into key reports and submissions to regulatory and enforcement agencies, industry bodies, internal committees, the executive committee and ultimately, the board.

Qualifications and Experience

• Degree in Law, Finance, Accounting or Audit.
• At least 2-3 years’ experience in regulatory compliance, compliance monitoring/ assurance and policy implementation.
• Good working knowledge of the financial sector environment and procedures
• Experience in Insurance, Asset Management, and Investments an advantage.
• In depth knowledge and understanding of the legislative and regulatory requirements as they relate to compliance.

Knowledge and Skills

• Understanding of compliance risk, compliance monitoring reviews and compliance assurance assessment
• Policy Implementation
• Monitoring and reviews
• Strong analytical skills, attention to detail and the ability to think critically
• Strong problem solving and excellent time management skills
• Excellent communication skills, both written and verbal
• Excellent report writing skills
• Detail orientated
• Quality Management
• Stakeholder Management
• Project Management
• Ability to work independently and in a team