Job Description

Who are we?

Sanlam was established as a life insurance company in South Africa but has since transformed into a diversified financial services group that operates across the African continent, India, Malaysia and selected developed markets, with listings on the Johannesburg, A2X and Namibian stock exchanges. In 2018 the Group celebrated its centenary as well as 20 years since demutualisation and listing in South Africa and Namibia. Sanlam is one of the 50 largest internationally active insurance groups in the world with a presence in 43 countries and has the biggest non-banking financial services footprint on the African continent.

The Group's five business clusters (Sanlam Life and Savings, Sanlam Investment Group, Sanlam Emerging Markets, Sanlam Fintech and Santam) house the Group's business operations. The Group provides strategic direction and support to the clusters, assisting them in realising their strategies and meeting their business objectives. The Group Office is responsible for governance and for the Group's centralised functions, which include: Finance, Actuarial and Risk Management, Strategy, Human Resources, Market Development and Brand Services.

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 four business clusters - Sanlam Life and Savings, Sanlam Investment Group, Sanlam Emerging Markets, Santam, as well as MiWay and the Group Office - the group provides many opportunities for growth and development.

What will you do?

This role exists in our centralised Sanlam Life and Savings Compliance function where we focus on provision of anti-money laundering/counter terrorism financing and counter proliferation financing support and compliance assurance to the three clusters in Sanlam Life and Savings, i.e., Sanlam Corporate, Sanlam Retail Mass and Sanlam Retail Affluent as well as the Fintech cluster. In this position you will work with the AML specialists in the cluster team who will mentor, guide and support you during the internship period.

What will make you successful in this role?

This role offers you the opportunity to apply your graduate skills in a practical environment with the aim to support your professional development. Most tasks and responsibilities will require your dedicated contribution as part of a team, but individual initiative will be encouraged. Duties will include:

• Assist with research and gathering of information on new and existing regulations impacting the financial services industry.
• Assist with collation of information and timeous reporting - internal and external stakeholders
• Assist with maintenance of Logs, registers and record keeping
• Assist with administration of regulatory training as required.
• Assist AML Specialists with alignment with Group AML/CFT/Sanctions Policy and Standards, remediation, projects and liaison & co-ordination with the business units
• Liaising with internal stakeholders to assist with compliance meetings, training or workshops
• Assist to fulfil MLRO function through assessment, analysis and reporting to FIC, responding to FIC requests timeously in assigned focus area

Qualification and Experience

• Legal or commercial degree.
• Computer literate in MS Office which includes Microsoft Word, Excel & PowerPoint and Outlook
• A basic understanding and knowledge of the anti-money laundering/counter terrorist financing and proliferation financing regulatory requirements impacting the insurance industry, although not a prerequisite.
• Must be between the ages of 18-34
• Should not have been already or previously included in another Inseta Internship funded programme.

Behavioral Competencies

• Accepting new opportunities and tough challenges with a sense of urgency, high energy and enthusiasm.
• Using a combination of feedback and reflection to gain productive insight into personal strengths and weaknesses.
• Planning and prioritising work to meet commitments aligned with organisational goals.
• Knowing the most effective and efficient processes for getting things done, with a focus on continuous improvement.
• Self-motivated, uses initiative, eager to learn, passionate.

Core Competencies

Cultivates innovation - Contributing dependently

Customer focus - Contributing dependently

Drives results - Contributing dependently

Collaborates - Contributing dependently

Being resilient - Contributing dependently

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 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.

Sanlam