Team Lead : Risk, Governance And Compliance

Sanlam; Gauteng; On-site; ZAR 600,000 - 900,000; Full time

Job summary

A leading financial services company is seeking a Team Lead for Risk, Governance, and Compliance. This role involves managing compliance practices, monitoring risks, and ensuring operational effectiveness. The ideal candidate will have a degree in Risk Management or Compliance and experience in the insurance industry.

Qualifications

• 3+ years in insurance, specifically Long-Term Insurance.
• 2-3 years in Risk Management or Compliance.
• Proficiency in MS Outlook, Teams, Word, Excel.

Responsibilities

• Manage the Risk, Governance, and Compliance functions within Distribution Operations.
• Monitor and report on risks, compliance, and policy adherence.
• Conduct ongoing proactive monitoring to identify training or process gaps.

Skills

Technical and product knowledge

Interpersonal savvy

Decision quality

Education

Degree in Risk Management or Compliance

Honors degree

Tools

MS Outlook

MS Teams

MS Word

MS Excel

Job description

Team Lead : Risk, Governance and Compliance
Pay: Competitive
Location: Johannesburg / Gauteng
Employment type: Full-Time

Job Description

Req#: (Include specific Req# if available)

What will you do?

Manage the Risk, Governance, and Compliance functions within Distribution Operations.

What will make you successful in this role?

Compliance and Risk Management

• Understand all relevant compliance legislation and requirements for the FSP.
• Translate and interpret these requirements practically for the business.
• Demonstrate high levels of technical and product knowledge, including investments.
• Coordinate with Sanlam Retail Mass (SRM) compliance, Group Internal Audit, and Group Compliance on policy and process changes.
• Ensure compliance practices are observed in disclosures, advice, records, and ethics.
• Monitor and report on risks, compliance, and policy adherence, implementing corrective steps as needed.

Risk Monitoring

• Conduct ongoing proactive monitoring to identify training or process gaps.
• Prepare regular risk and TCF reports for management.
• Assist in implementing risk management policies and training.
• Supervise risk champions across the business.

Compliance and Risk Reporting & Corrective Action

• Address risk areas or anomalies immediately with management.
• Track, interpret, and communicate risk trends and gaps.
• Monitor progress on closing audit and compliance findings.
• Maintain records of risk and issues, proposing corrective actions.
• Report regularly to management on risk and compliance statuses.

Business Management

• Focus on operational agility, effectiveness, and process improvements.
• Provide efficient, compliant processes for Individual Life and Distribution.

Stakeholder and Client Management

• Negotiate with service providers and stakeholders.
• Collaborate with departments to enhance service delivery and profitability.

People Management

• Ensure a high-performance, capable workforce aligned with the company culture.
• Lead business transformation initiatives.

Qualifications

• Degree in Risk Management or Compliance; Honors degree advantageous.

Experience & Knowledge

• 3+ years in insurance, specifically Long-Term Insurance.
• 2-3 years in Risk Management or Compliance.
• Proficiency in MS Outlook, Teams, Word, Excel; experience with digital platforms and data analytics tools.

Personal Attributes

• Interpersonal savvy, decision quality, ability to plan and align, manage complexity.

Additional Information

We are committed to building strong relationships and supporting your career growth within our group, which offers numerous opportunities across various business clusters.

Note: The shortlisting process begins after the application deadline. Our commitment to transformation is integral to our operations.