Sanlam was established as a life insurance company in South Africa but has since transformed into a diversified financial services group that operates across the African continent, India, Malaysia and selected developed markets, with listings on the Johannesburg, A2X and Namibian stock exchanges. In 2018 the Group celebrated its centenary as well as 20 years since demutualisation and listing in South Africa and Namibia. Sanlam is one of the largest internationally active insurance groups in the world with a presence in 43 countries and has the biggest non-banking financial services footprint on the African continent.
The Group's four business clusters (Sanlam Life and Savings, Sanlam Investment Group, Sanlam Emerging Markets and Santam) house the Group's business operations. The Group Office provides strategic direction and support to the four clusters, assisting them in realising their strategies and meeting their business objectives. The Group Office is responsible for governance and for the Group's centralised functions, which include: Finance, Actuarial and Risk Management, Strategy, Human Resources, Market Development and Brand Services.
What will you do?
The Sanlam Group Compliance Office (GCO) forms part of the Group Office and fulfils the compliance function for the Sanlam Group as well as the statutory compliance control function for Sanlam Life Insurance Limited (Sanlam Life). The purpose of the Compliance Officer role in the GCO is to assist the Head of the GCO and the Group Compliance Officer to identify and assess compliance risks, and oversee and provide assurance on compliance risk management within the Sanlam Group.
What will make you successful in this role?
The Compliance Officer will assist the Head of the GCO and the Group Compliance Officer to:
- Monitor, test and report on the status of compliance, including the culture of compliance as well as the ethics and integrity within Sanlam;
- Monitor legislative requirements and provide advice and guidance to management, compliance functions as well as other stakeholders regarding the application and impact of legal and regulatory obligations;
- Assist with training and awareness programmes on applicable Sanlam Group policies as well as key legal and regulatory developments; and
- Maintain external networks and participate in industry initiatives to position Sanlam and to contribute to the influence of legal and regulatory developments.
Compliance and legal projects management
Compliance advice and training
Utilises negotiation and communication skills and related, risk, financial and legal expertise in the management of the client relationships.
Business Acumen
Personal Attributes
- Business insight - Contributing through others
- Manages complexity - Contributing through others
- Balances stakeholders - Contributing through others
- Builds networks - Contributing through others
- Persuades - Contributing through others
Were 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
Being resilient - Contributing through others
Cultivates innovation - Contributing through others
Customer focus - Contributing through others
Collaborates - Contributing through others
Drives results - Contributing through others
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. Application closing date: 19 February 2023
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.
