At SanlamAllianz, we are proud of being the largest Pan-African, non-banking financial services organization on the continent. Our dynamic operations span across 27 African countries (excluding South Africa), and our business is focused on life insurance, general insurance, retail credit, health, bancassurance, and asset management. Our core values - Innovation, Care, Integrity and Collaboration - guide our vision of distinguishing ourselves as the most admired financial services group in Africa. We nurture a high-performance, energising and engaging culture. Why? Because we, as employees of SanlamAllianz, understand the importance of feeling cared for, empowered, challenged to produce our best work and live with confidence.
What will you do?
Reporting to the Head: Risk & Compliance Anglophone (and Lusophone), the Risk and Compliance Manager will be responsible for building and maintaining a culture of risk and compliance management in the entities specifically assigned to him/her but also in the Anglophone and Lusophone countries, being part of this team. The successful candidate will also assist in the design, management and execution of an efficient risk and compliance management program in these operating entities. To successfully achieve this, you will have to manage a team of in-country risk and compliance managers, assigned but not reporting to you. As a team, you all have a key responsibility in managing the organisation's obligations related to compliance and risk management in the Anglophone and Lusophone entities, but also assisting in doing so at SanlamAllianz (SAZ) level. In addition, the Risk and Compliance manager must build strong relationships with the top management of the countries assigned to him/her as well as in the SAZ central departments to influence the culture of risk and compliance throughout SAZ.
What will make you successful in this role?
Your ability to: Assist in the development of compliance and risk management initiatives and programs to comply with the respective legal, licensing, and regulatory obligations in the specific entities assigned to him/her but also at Cluster (SAZ) level.
Ensure appropriate risk management across the Cluster (SAZ) and in the specific entities assigned to him/her in line with the SAZ ERM Framework.
Ensure appropriate compliance management across the Cluster (SAZ) and in the specific entities assigned to him/her in line with the SAZ compliance policies and methodologies.
Assist in providing governance oversight across the Cluster (SAZ) and in the specific entities assigned to him/her in line with the SAZ governance policy.
Handle the management and execution of second line risk and compliance monitoring and assessment the specific entities assigned to him/her.
Assist in assessing, improving and maintaining compliance and risk management policies and procedures and assist SAZ entities in this regard.
Aid in the implementation and improvement of processes and tools to monitor, analyse, and report on key risk/compliance initiatives (AML/CFT; data privacy, etc.), key risks, compliance incidents and events and other similarly significant risk and compliance related activities across the Cluster (SAZ) and in the specific entities assigned to him/her.
Be pro-active in the process to identify and inform of any changes to legislation and other regulatory requirements relating to SAZ entities, the risk of non-compliance and expected controls relating to these.
Provide oversight to the SAZ entities, with a focus on the monitoring of compliance risk management and the adequacy and effectiveness of control.
Provide relevant compliance and risk reporting and the escalation of material compliance, and risk incidents.
Assist in the development and execution of training and communication (newsletters, forums, etc.) programmes and initiatives, provide risk and compliance related advice and guidance for staff across the Cluster (SAZ) and in the specific entities assigned to him/her as required.
Qualification and Experience Postgraduate in Compliance or Risk Management
More than 5 years' experience in Compliance and/or Risk Management related experience.
Experience in audit could also be advantageous.
Management of people could be advantageous
Knowledge of the CURA (similar risk and compliance) system would be advantageous
Knowledge and Skills Understanding and expert knowledge of legislation, regulations and legal principles applicable to the financial services industry and the associated risks.
Expert knowledge of compliance risk and compliance principles and standards within Africa and internationally.
Understanding and expert knowledge of risk management requirements, methodologies and principles applicable to the financial services industry.
Understanding of the risk and compliance tools in use to enable support to entities.
Ability to interact with teams and senior executives across different countries and effectively build relationship networks.
Cultivates Innovation, Adaptability.
Planning and organising.
Ability to manage complexity.
Mature outlook and upholds high standards of professional integrity.
Willingness to travel.
Fluent in English (additional understanding of French or Portuguese could be advantageous).
Attention to detail
Communication Skills (excellent written and verbal)
Problem solving skills
Core Competencies
Cultivates innovation - Contributing through others
Customer focus - Contributing through others
Drives results - Contributing through others
Collaborates - Contributing through others
Being resilient - Contributing through others
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.
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 the key components to ensure 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.
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