Job Description

Excellent opportunity for a Financial Crime Officer, who has existing experience in operating at Group level, to gain experience with Financial Crime risk at international level, with SA's largest insurance group.Based in either JOHANNESBURG OR CAPE TOWN, this role offers between R650K and R720K p/annum.The Client:Africa's largest insurance group with operations across various developed markets and a presence in 31 countries.The Role:As Financial Crime Officer you will join Group Legal, Compliance, and Financial Crime team. As a key member of the team, you will play an integral role in managing Group-wide financial crime risks and ensuring compliance with relevant country legislation. You will be responsible for developing, implementing, and overseeing our financial crime and fraud prevention framework, safeguarding Sanlam Limited and its subsidiaries from financial crime-related risks and losses.Your Responsibilities:Risk Governance: Identify, prevent, and mitigate risks related to financial crimes such as fraud, corruption and terrorist financing.Investigation & Prevention: Conduct investigations and implement effective fraud prevention measures to protect the business.Policy & Process Development: Design and review financial crime policies, processes, and procedures to ensure regulatory compliance and alignment with industry best practices.Second Line Monitoring: Provide second-line monitoring and testing of financial crime risks, ensuring a proactive approach to risk management.Employee Education & Communication: Collaborate with Learning & Development and Internal Communications teams to create and implement financial crime education and awareness initiatives for employees.Advisory Role: Act as the Subject Matter Expert (SME) for financial crime, offering guidance on financial crime controls, strategies, projects, reporting, and more.Regulatory Compliance: Stay updated on key regulatory changes and work to implement them across the business.Research & Analysis: Contribute to the financial crime framework by conducting research and analysis, ensuring alignment with evolving legislation and global best practices.Reporting: Assist in the preparation of key reports for regulatory and enforcement agencies, internal committees, and senior leadership.Minimum Requirements:Degree in Law, Finance, Accounting, or Audit.Certified Fraud Examiner (CFE).At least 5 years of experience in financial crime compliance, fraud risk management, policy development, and monitoring, with experience in a similar role.In-depth knowledge of the financial sector environment and procedures; experience in Insurance, Asset Management, and Investments is an advantage.Strong understanding of financial crime compliance legislation and regulatory requirements.Expertise in compliance and legal project management.

Acuity Consultants