Job Description

Who we are?

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 - 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?

• Assist the Senior and/or Head Compliance Officer to establish and maintain a robust compliance function within the risk management framework of the business according to key regulations
• Formulate, adapt, initiate, maintain and implement policies and procedures on various key regulations as required
• Drafting, maintaining and enhancing Compliance Risk Monitoring Plans (xe2x80x9cCRMPsxe2x80x9d) and determining the amount, frequency and type of monitoring needed to satisfy the CRMPs
• Incorporating new legislation into existing structure
• Monitoring compliance and adherence with rules, regulation, policies, procedures and limits and recommendations for any enhancements
• Act as an independent reviewer to identify areas of potential compliance vulnerability and risk and to develop or implement corrective action plans for resolution and pro-actively find business solutions as required
• Development and maintenance of systems and tools to support the compliance function

What will I do? Continues

• Compliance Static Data Management
• Ensure regulatory and compliance deadlines are met
• Assist the Senior and/or Head Compliance Officer when liaising with regulators
• Assist the Senior and/or Head Compliance Officer with rolling out training to employees on compliance and new legislation
• Ad hoc tasks as required

Knowledge and Skills

• 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.
• Strong Computer literacy skills in MS Office and JSE BDA system knowledge essential
• Excellent numeracy skills
• 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 Attributes

• This person needs to be assertive, self-motivated and have a strong achievement drive, committed to personal and

organisational success

• A mastery of time management, prioritising and planning is key in this role as a result of the diversity of the role and

the large number of tasks

• Ability to work independently with minimum oversight and a high regard for accountability
• Strong, proven analytical and logical thinking skills
• Excellent communication skills (verbal and written) and report writing skills
• Strong administrative and organisational skills with acute awareness and appreciation of accuracy, detail, demands and deadlines
• Pro-active and a lateral thinker with a solutions-based approach when interpreting regulation
• Ability to operate within a high performance environment, resilient and pressure tolerant

Personal Attributes - Continues

• Sound independent decision/judgment making and reasoning under pressure
• Excellent negotiation skills and ability to influence
• Operate at both a detailed and strategic level, with an ability to implement
• Fiduciary responsibility (High ethical standards to act in the best interest of clients and the business)
• Value for truth, honesty and transparency (clear and direct but diplomatic) and dependable
• Ability to learn quickly and think outside the box and be adaptable
• Friendly and professional, with a positive enthusiastic attitude

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 five business clusters - Sanlam Fintech, Sanlam Life and Savings, Sanlam Investment Group, Sanlam Allianz, Santam, as well as MiWay and the Group Office - 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 11 January 2024
• Please note that if you are not contacted within 2 weeks after the closing date your application has been unsuccessful

Core Competencies

Being resilient - Contributing through others

Collaborates - Contributing through others

Cultivates innovation - Contributing through others

Customer focus - Contributing through others

Drives results - Contributing through others

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.

Sanlam