Latest Jobs at Sanlam

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.

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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. There are four businesses within the SA Retail Mass cluster, namely; Group Benefits, Individual Life, Safrican Insurance and African Rainbow Life.

Sanlam Values

The ability to demonstrate, understanding and apply our Sanlam values is embedded in all roles.  Applicants must exhibit their commitment to the values as part of the application process.

• Lead with courage

• Serve with pride

• Care because we respect each other

• Act with integrity & accountability

• Grow value through innovation & superior performance

What will you do?

• Manage the achievement of business productivity, quality, API and salesforce targets

• Manage compliance and business risk

• Manage the daily business operations

• Manage and develop the performance of staff

• Resolve escalated operational issues

• Manage budgets

• Allocate worksites or facilities

• Manage changes within the business

• Manage relationships with key stakeholders and clients

• Talent and succession management

• Ensure alignment to Treating Customers Fairly (TCF), in all business practices

• Manager of managers.

• Worksite acquisition, management and relationship building

Qualification & experience

• Grade 12

• Degree or a 3 year diploma in Finance/ Marketing/Business Management; or

• The recruit must have obtained a full qualification (120 Credits. at NQF level 5) as per the FSB’s list of recognized qualifications at the point of recruitment.

• Must have RE5 

• RE1 is business requirement from the date of appointment.

Class of business (COB):

• Should the candidate have been deemed Fit and Proper for Tier 1 by 01 April 2018, the candidate is then deemed competent for Class of Business. All applicants that were still under supervision for any competency requirement pre or post 01 April 2018 will be required to have obtained Class of Business prior to appointment. If a potential candidate has not completed Class of Business they are still deemed to be under supervision and cannot be appointed as a Branch Manager.

Knowledge and skills

• At least 5 years industry experience of which 3 years should be in management of sales.

• Preference will be given to those with experience in insurance sales within the entry level market.

Personal qualities

• Analysing

• Team Management

• Relating and Networking

• Adapting and responding to change

• Coping with Pressure and Setbacks

• Interpersonal sensitivity

• Adhering to principles and values

• Confidence and decisiveness

• Proactivity

• Planning and Organising

• Quality and detail orientation

• Persuading and Influencing

• Achieving personal and work goals and objectives

• Computer Literacy (MS Office)

• Treating Customers Fairly

• Strategic thinking

• Engage digitally 

Our aim is to help you 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.

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.