About this role
Who are we? Sanlam Life and Savings (SLS) is focused on serving our retail and corporate clients in South Africa and further developing our strategic advantages in the South African market. Sanlam Life and Savings consists of the following business units Retail Mass, Corporate, Risk and Savings, Glacier and various business enabling functions. The Sanlam Life and Savings Office provides strategic direction, coordination and support to the four clusters, as well as performing governance oversight that includes assurance provided by second line of defense functions in SLS, to enable us to meet our business objectives. Role Responsibilities Analyse and interpret regulation and legislation, and using a risk-based approach. Identification and risk rating of applicable laws and regulations for responsible business units; Development and implementation of compliance/legislative universe for responsible business units Development and implementation of Compliance Risk Management Plans (CRMPs) for core legislative and regulatory provisions; 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 SRM and actively participating in compliance projects and training initiatives. Provide training on regulatory requirements to channels Required Skills Analytical thinking Decision making skills Technical professional skills Report writing skills Thorough and detail minded Ethical and principled Good communication and presentation skills General Experience 3 - 4 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, POPIA) will be advantageous The ability to manage people and processes effectively in instances where non-compliance is identified Education 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 Admission as an attorney of a High Court (advantageous) Required Behavioural Competencies Manages Complexity Instils Trust Optimises Work Processes Decision Quality Ensures Accountability Organisational Savvy Closing Date The closing date is 30 September 2026. 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.