Compliance Manager

Who we are? Sanlam Collective Investments (SCI) was established in 1967 as a full Sanlam subsidiary. Sanlam Collective Investments manages funds f about R280 billion on behalf of more than 250 000 investors. Other renowned financial services companies have also partnered with us to offer third-party funds. In these cases, the third-party funds are distributed and promoted by respective financial services companies, whereas Sanlam Collective Investments is responsible for client administration and compliance. Objective of the Compliance Manager: The Compliance Manager is responsible for ensuring compliance management and regulatory adherence within Sanlam Collective Investments (SCI), safeguarding the organization’s operations and reputation while operating a culture of integrity and ethical conduct. Key responsibilities:

• Develop and maintain an in-depth understanding of the Collective Investment Schemes Act, Pension Fund Act, Financial Intelligence Centre Act and Related Legislation.
• Manage the operational embed of the regulatory universe.
• Develop a pre-trade compliance monitoring framework.
• Embed Conduct risk and all related legislation.
• Engage with regulators (FSCA and ASISA).
• Develop and execute testing plans for the Collective Investment Schemes Act, Financial Intelligence Centre Act, and related Sanlam Group Policies.
• Manage SCI risk, compliance, and Anti Money Laundering risk management plans for implementation and testing.
• Consolidate and roll out new legislation and regulatory notices into business.
• Ensure that relevant board signoffs are obtained in line with regulatory notices.
• Ensure that regulatory deadlines are met.
• Work with the various teams within the business to ensure that controls are in place in adherence to legislative requirements.
• Manage reputational risk through the embedment of solid operational compliance controls.
  

Minimum requirements:

• BCom, LLB or similar Degree from an accredited University or a related discipline.
• At least 6 years or more of experience within investment management, compliance, and collective investment schemes.
  

Knowledge and Skills Compliance and legal projects management Compliance advice, training and documentation reviews Regulatory compliance reporting and monitoring Coaching and mentoring of less experienced compliance employees Risk management Personal Attributes Business insight - Contributing through others Builds networks - Contributing through others Manages complexity - Contributing through others Action orientated - Contributing through others 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 key components to ensure a thriving and sustainable business in South Africa. The Groups Employment Equity plan and targets will be considered as part of the selection process.