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. Purpose of the Role The Compliance Officer is responsible for assisting the Compliance Manager in ensuring the implementation and maintenance of an effective and well-monitored regulatory compliance framework within SLS, with a primary focus on Sanlam Connect including BlueStar. The role supports the identification, management, and monitoring of regulatory compliance risks and promotes adherence to applicable legislation, regulatory requirements, and internal governance standards Role Responsibilities Identification and risk rating of applicable laws and regulations Implementation and maintenance of the compliance framework and processes Compliance risk assessments, development, and implementation of compliance risk management plans Developing and maintaining compliance monitoring plans Conducting compliance monitoring Compilation of internal and external compliance reports Implementation of remedial action Review regulatory training material to ensure that training requirements are met Provide compliance training Presenting to and engaging the relevant business areas on compliance feedback and corrective action Provide guidance on regulatory developments and group policies Assist with the promotion of a culture of compliance and awareness within Sanlam Connect by actively participating in compliance projects and training initiatives Working knowledge of the legislation Analyse and interpret regulation and legislation Ability to advise on legislation and understanding the impact that it has on business Ability to comment on regulatory developments and advise business on changes Ability to interact with industry bodies on legislation Timeous involvement in key regulatory projects in order to pro-actively provide compliance guidance to business Required Skills Compliance and Regulatory Principles Data Collection and Analysis Legal Compliance and Procedures Reporting General Experience Minimum of 5-7 years’ experience in compliance including exposure to insurance and investment businesses Working knowledge of the Generally Accepted Compliance Practice Framework Sound knowledge and practical compliance experience relating to FAIS, the Long-term Insurance Act, Conduct Standards, Policyholder Protection Rules, FICA and other applicable financial services legislation Experience in providing compliance advice, conducting monitoring activities, and managing regulatory risk within insurance and/or investment environments A strong working knowledge of the financial services industry and its regulatory environment (with a specific focus on Insurance and FAIS) A thorough understanding and knowledge of development and execution of compliance risk management and monitoring plans Education BCom/LLB or and related qualification Applicable regulatory exams Member of the Compliance Institute of Southern Africa – Certified Compliance Practitioner (CPrac) designation would be advantageous Required Behavioural Competencies Manages Complexity Instils Trust Optimises Work Processes Decision Quality Ensures Accountability Organisational Savvy Closing Date The closing date for applications is 12 October 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.