Job Description

Who are we?
Sanlam Private Wealth crafts customised investment portfolios for high net worth private clients, charitable institutions, trusts and corporate entities.

With assets under management and administration of more than R151 billion, we offer a comprehensive and integrated suite of wealth management solutions. These include equity, retirement and offshore investment portfolios, fiduciary and tax services, an equity-backed finance offering, a global stockbroking service and derivatives trading.

At Sanlam Private Wealth, our clients are at the core of everything we do. For this reason, we employ people with passion xe2x80x93 individuals who thrive in an entrepreneurial, high-energy environment.

Sanlam Private Wealth is part of the Sanlam Investments Group, a leading investment and wealth management business in South Africa, Sub-Saharan Africa, Australia and Europe.
What will you do?
First Line AML Analyst function relating to investigating and reporting Section 27 request and Fraud Cases (GO AML)
Second Line AML Analyst duties
On-boarding function
KYC On-going Customer Due Diligence Process
KYC Termination Functions
Annual Data Maintenance
ORMS dashboard Case Management
Third Party Payments
Responsible for AML documentation quality assessment
Responsible for customer due diligence processes
Record keeping.
Responsible for AML documentation quality assessment
Screening of clients
Responsible for risk rating
Responsible for adverse media reviews
Escalation of cases
Conduct exit process of clients
Responsible for enhanced due diligence
Responsible for offshore account opening with regards to AML
Process entity AML due diligence
Ensure on-going AML monitoring
Responsible for counter party AML due diligence
Responsible for suspicious and transactional monitoring and reporting
Responsible for the ORMS/SIRON AML Dashboards What will you do? Continued
Enhance DD at onboarding for high risk cases
Co-create and contributing to a client centric on-boarding process and framework
Establish AML requirements upfront and helping the front office communicate these to clients
Ensure adherence to the FICA regulation operationally
Responsible for the implementation of any gaps/systems identified by the SIG AML CoE and Sanlam Group relating to the AML Operations Function
Ensure adherence to the Risk Management Compliance Plan and contribute to any changes
Execute the AML processes and procedures in line with Risk Management Compliance Plan and regulation
Execute the AML processes and procedures in line with Risk Management Compliance Plan and regulation
Collaborating with other Sanlam AML teams
Assist the AML Operations Manager on AML Project related duties
Responsible for AML within special business projects What will make you successful in this role?
Ability to implement effectively and efficiently
Ability to measure and analyse the effectiveness of marketing initiatives
Qualifications and Experiencee
Tertiary Qualification
2 to 3 years AML/Financial Services Experience Knowledge and Skills
Excellent written and verbal communication skills
In-depth knowledge of internal control concepts, preferably in a financial services context
Collaboration xe2x80x93 experience in working inclusively with others / in a team context
Proficient in using Microsoft Office Suite, specifically Excel and similar applications
Working knowledge and application experience of Financial Markets Legislation is key
Key Acts: FAIS (essential), JSE Rules and Directives (essential), Advantageous supplementary experience: FICA/AML, FATCA, POPIA, Regulation 28 etc.
Technical understanding of financial products and instruments advantageous
Research and due diligence skills
System automation skills (Innovative ideas on possibility to automate processes/procedures)
Ability to understand broader business issues, to apply holistic insight and acumen in integration of processes Personal Qualities
Highly motivated, proactive, taking ownership of problems until they are resolved.
Highly organized with a high level of customer focus
Excellent time management
Accuracy and detail orientated
Ability to perform well under pressure and show maturity, confidence and resilience in challenging environments.
Excellent listening, communication and interpersonal skills
Pro-Active and innovative approach to work, clients and problem-solving
Learning agility and curiosity
Assertive
Passionate ownership of results Build a successful career with us
Wexe2x80x99re all about building strong, lasting relationships with our employees. We know that you have hopes for your future xe2x80x93 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 xe2x80x93 Sanlam Life and Savings, Sanlam Investment Group, Sanlam Emerging Markets, Santam, as well as MiWay and the Group Office xe2x80x93 the group provides many opportunities for growth and development. 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.

To be considered for the above opportunity please upload your detailed CV on or before 08 November 2023.
Please note that if you are not contacted within two weeks after the closing date your application has been unsuccessful. Our commitment to transformation
The Sanlam Group is committed to transformation and embracing diversity, and our employment equity plan and targets will be considered as part of the recruitment process. This commitment is what drives us to achieve a diverse workplace with employment equity as a key goal to create an inclusive workforce, representative of the demographics of our society as well as people with disabilities.